Since 2004, privatization and economic reforms in Egypt, especially in the banking sector, have spurred active engagement and responsibility toward communities and in the country at large. The banking sector’s current capacity and capital remain significant when comparing its role in social and environment development. The Arab African International Bank (AAIB)’s experience offers a successful trendsetting model concerning the role of banks in affecting the growth of new industries and the economy at large. more[...]
Deutsche Bahn (DB) is an international group active in more than 130 countries that offers mobility and logistics services worldwide. This gives rise to complex challenges in its conduct toward business partners and employees. The DB Compliance Risk Atlas is designed to create a clear framework for compliant action in this regard. more[...]
Since its independence in 1956 – and thanks to the wisdom of the former leader President Habib Bourguiba – Tunisia has focused its recovery strategy on the implementation of an education that can generate a solid base of human capital that is able to meet the changing needs of a developing nation. In just a few years, the education of children aged 6 to 16 years has become compulsory and free – this small North African country allocates more than 25 percent of its state budget to education and teaching. In the years after independence until the late 1980s, the development of a socio-economic balance brought integration and employment through a professional training of rare trades – even for those who did not have access to higher education. more[...]
Arab African International Bank (AAIB) firmly believes that the road to impactful corporate governance entails values that achieve sustainable businesses as an end goal – AAIB seeks to maintain the balance between economic growth, profitability, and environmental, social, and governance (ESG) concerns. more[...]
n unprecedented gathering of experts in Kigali, present and former African Heads of State urged business, community and political leaders to help turn the continent’s impressive growth into economic opportunities for ordinary citizens. more[...]
Arab African International Bank believes in investment in youth for a better future and realizes that its influence as a leading private institution has grown in parallel with its competitiveness. Arab African International Bank was the first bank in Egypt and the region to launch an education program for undergraduates in various universities across the country and offers awards for creative ideas. more[...]
Since the very beginning, Georg Kell has been Executive Director of the Global Compact. Due to his ongoing fervour the Global Compact today is fully integrated into the UN system. We spoke with Georg Kell about the economic crisis, the search for new confidence, and the renaissance of politics and ethics. His message is clear: We have to reward sustainable business models. And we have to take climate change much more seriously, or the future might be rough. more[...]
For much of the last decade, globalization was a leading issue of public policy debate, and global core labor standards (CLS) were the lead demand of critics of globalization. Now, with the world economy stuck in the deepest economic recession since the 1930s, attention to globalization and the need for labor standards has waned as people have become more concerned about jobs and economic recovery. more[...]
"Ethics, in the form of a shared basic understanding of “right” values, such as dignity, freedom, justice, etc., are the foundation of the social market economy. Competition and legal foundations, both of which are essential for a market economy, lose their ability to function when people lose trust, and maintaining trust is always (also) a matter of the responsibility – or more generally: practiced values – of those active in the market economy." more[...]
In 1933, representatives from 66 countries met in London to find a common solution to that era's global economic crisis. The idea: to have London send a signal for a new global financial system. The conference was a flop. On BBC Radio, economist John Maynard Keynes called it a complete yawn, and went on to say that conferences of this type usually ended in empty platitudes and ambiguous phras es. more[...]
Watch the videos of the launch of the Club of Rome EU Chapter’s new Report “Money and Sustainability – the Missing Link” by Bernard Lietaer. He presented his new book during a lecture, hosted by the Club of Rome’s EU Chapter in Brussels, to launch the Report from Club of Rome in Brussels on May 31st 2012. more[...]
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