The Pearl Initiative is a non-profit organization founded in 2010 that focuses on corporate governance, accountability and transparency in the Persian Gulf region.
[13] The Pearl Initiative was founded in 2010 in cooperation with the United Nations Office for Partnerships[14] to promote higher standards in corporate governance, accountability, and transparency in the Gulf region.
[15] The organization was granted Special Consultative Status with the United Nations Economic and Social Council in 2019.
[citation needed] The Pearl Initiative's board of governors and CEO council is made up of members representing Saudi Aramco, Tadawul, Shell, Ernst & Young, PwC, Aramex, Chalhoub Group, KPMG, Bank of Sharjah, Saudi Telecommunications Company, Freshfields Bruckhaus Deringer, Dana Gas, Crescent Petroleum, Gulftainer, Al Rajhi Partners, Crescent Enterprises, and ASDA'A.
[20][21][22] In 2021, the Pearl Initiative announced the appointment of Ranya Saadawi as its executive director.