Dubai, UAE – 9th November 2008: Emaar Industries & Investments’ CEO, Dr. Ahmed Khayyat, today outlined the organisation’s corporate governance strategy aimed at strengthening the region’s governance frameworks at the Middle East Directors’ Duties Forum.

The forum, which concludes November 10th, plays hosts to the region’s leading investment CEO’s, board members and senior management and aims to re-focus attention on appropriate corporate governance in light of the current global economic financial climate.

“Today was an excellent opportunity for Emaar Industries & Investments to demonstrate the initiatives we’ve undertaken to improve our own governance framework and to share our experiences with companies across the region. Some the Middle East’s leading CEO’s are here and there is great scope to create synergies and solutions that will ensure the Middle East can be home to some of the best corporate governance standards in the world,” explains Dr. Khayyat.

EII’s CEO discussed some of the proactive initiatives undertaken by the organisation, including examples on Risk Management, Measurement & Accountability and its directives on the Board of Directors’ interaction and influence on subsidiaries.

“We’ve shown today that we have numerous examples that lead the way in terms of corporate governance and we also look forward to learning more at the forum in order to further develop our own framework,” added Dr. Khayyat.

About Emaar Industries & Investments:
Emaar Industries & Investments (EII), a member of Emaar Properties PJSC, is a private joint stock company established in August 2005, to capitalise on the growth prospects of the Middle East and North Africa (MENA) and South Asian manufacturing sector as a strategic investor and partner. EII strengthens industries by investing in existing businesses and establishing joint ventures with leading establishments. Since inception, the company has succeeded in creating an impressive brand that inspires confidence in investors.

EII is dedicated to investing in sustainable companies and projects that are economically beneficial and commercially sound. EII is focused on maximising its subsidiaries’ long-term value, exposing them to industrial best practices, improving corporate governance, providing a solid and flexible capital base and ensuring sustainable cash flow.

EII focuses on exploiting the potential of the fastest growing sectors in the region, including building materials, FMCG, healthcare, metals, engineering industries including equipments & machineries, electronics & electrical equipment, and chemicals & petrochemical products. For more details, visit our website: www.eii.ae

For further information:

Mary Khamasmieh
Buchanan Middle East
Mobile: + 971 502731 753
Mary.khamasmieh@buchananme.com

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