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					Center for                                                                      Bahrain Accountants
International                                                                            Association
Private                                                                           Manama, Bahrain
1155 Fifteenth Street, N.W. #700
Washington, D.C. 20005
Tel: (202) 721-9200

                                                                               MEDIA ADVISORY
   FOR IMMEDIATE RELEASE                                                 Media Contact(s): Caroline Scullin
   May 1, 2009                                                                           001 202 4467540
                                                                          Abbas Al Radhi (973) 39459814

                Key Findings on Corporate Governance in Bahrain to be Released

   WHO:                            Center for International Private Enterprise (CIPE)
                                   Bahrain Accountants Association


   12:00 – 12:15 pm                Mr. Abbas Al Radhi, Chairman, Bahrain Accountants Association:
                                   Corporate Governance Initiative in Bahrain

   12:15-12:45 pm                  Jasim Alajmi, Associate Professor at University of Bahrain
                                   Survey of the Business Community and Corporate Governance practices

   WHEN & WHERE:                   Novotel Al Dana Resort, Manama, Bahrain, 12:00 pm

   WHY: On the eve of implementation of the new Code of Corporate Governance, both the private
   and public sector are paying greater attention to good corporate governance practices. Two new
   surveys will show a much needed status of the state of corporate governance in Bahrain. This
   information will help the government and business community understand the new code and what
   changes companies will need to make and what kind of assistance they will need to for full
   compliance. This research was conducted in cooperation with the National Committee on Corporate
   Governance, a collaborative initiative of the public and private sectors to improve corporate
   governance in Bahrain. Information about the National Committee can be found at:


   The Center for International Private Enterprise (CIPE) strengthens democracy around the globe through
   private enterprise and market-oriented reform. CIPE is one of the four core institutes of the National
   Endowment for Democracy and a non-profit affiliate of the U.S. Chamber of Commerce. For 25 years,
CIPE has worked with business leaders, policymakers, and journalists to build the civic institutions vital to
a democratic society. CIPE’s key program areas include: anti-corruption, advocacy, business associations,
corporate governance, democratic governance, access to information, the informal sector and property rights,
and women and youth.


The Bahrain Accountants Association was established in 1971. It is considered to be one of the oldest
associations in Bahrain and the Region. In 1992, it was re-registered with the Ministry of Labor after
creating a new organization based on the Social and Cultural regulations for associations and clubs put
forward by the Ministry of Labor. The objective of the BAA is to serve the needs of its members by
organizing seminars on relevant topics, ensuring adherence to professional standards, conducting research on
accounting and auditing issues, and cooperating with other national and international associations.


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