Leaders Summit 2021- Creating Value through Partnerships: The Case of the Middle-East

The UN Global Compact Network Lebanon, UN Global Compact Network UAE, UN Global Compact Network Egypt and UN Global Compact Network Jordan joined forces and organized a regional plenary session that took place on the sidelines of the United Nations Global Compact Leaders Summit on June 16, 2021.

Aligned to Goal 17 of the UN 2030 Agenda focused on partnerships for the goals, this session aimed to exchange leadership knowledge, take stock of progress and explore avenues for greater influence and impact in relation to strategic and collaborative partnerships. With the spirit of peer-to-peer learning and cross-regional exchange, this session convened edge cutting business leaders working on advancing the 17 Sustainable Development Goals (SDGs) within the Middle East context. 

This session assembled Robin Richa, General Manager of Arcenciel, Lebanon, Sina Habbous, Executive Director of the Regional Center for Sustainable Finance, Financial Supervisory Authority, Egypt, Mazen Watha’efi, CEO of Amman Stock Exchange, Jordan and last but the least Hana Al Rostamani, Group CEO of First Abu Dhabi Bank.

Our esteemed line up of plenaries drilled deeper into the interplay between strategic partnerships and innovation. They delved into the importance of exploring opportunities for financing of partnerships through diversification of sources to upscale collective impact around the 17 SDGs. They shared their leadership approaches, tools, valuable guidelines and recommendations, which have emerged from partnership monitoring and analysis around the SDGs.

Key takeaways for business leaders from this cross-regional dialogue:

  • Knowledge sharing, developing a clear understanding of mutual benefits and establishing accountabilities are the fundamentals of successful partnerships
  • Collaboration and forging necessary partnerships with the legislative and regulatory bodies is an absolute necessity to accelerate real tangible impact around sustainable development through policies and transformational governance
  • Developing a clear and a robust framework for cross-sector partnerships is an ultimate prerequisite to set a common ground and capture long term value

Global challenges are better tackled when joint efforts and collaboration from different sectors come together; hence, partnerships often manifest better outcomes. Now more than ever, we urge our responsible business leaders to work alongside their partners from the public and private sector to accelerate impact and scale up the progress on the SDGs and the United Nations Global Compact’s ten principles.

Only together and with consolidated efforts, we can set fully-fledged roadmaps on how to rebuild a just, equitable and resilient world.

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