Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

DED brings out booklet to promote risk awareness and management  Join our daily free Newsletter

MENAFN Press - 27/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) The Department of Economic Development (DED) in Dubai has published a booklet on Risk Management to create awareness among employees of the various business units and agencies within DED on what contributes risks and ways of dealing with them in co-ordination with the administrative units concerned



The booklet brought out by the Internal Audit sector in DED provides guidelines based on scientific and practical methodology to define, evaluate and manage risks. The guidelines follow a series of awareness workshops organised by DED's Risk Management Administration in co-operation with Dubai Police to build employee awareness and skills in managing risks



Mohammed Hilal Al Murooshdi, Chief Executive Officer of the Internal Audit sector, said: "The booklet reflects the vision and mission of the Risk Management Administration to avoid potential risks and enable employees to face threats according to specified procedures comprising brainstorming sessions, use of scenarios, common situation analysis and surveys.



Awatif Al Mutawa, Internal Auditor in DED, added that the booklet was prepared after six workshops held over two weeks to involve as many DED employees as possible. The three stages of efficient risk response, which are risk assessment, risk control and risk management, are explained in the booklet along with the importance of risk management to the organisation



"The risks are identified and evaluated in the first two stages and then they are confronted and followed up to ensure fastest possible return to the previous condition in case of any sudden interruption and maximum efficiency of DED's resources. To ensure better response next time the risk assessment and management process is reviewed annually," Al Mutawa said



"The Risk Management Administration looks at ways to bring about a risk management culture within DED and support the internal audit processes, eventually contributing to DED strategy and continuous work flow as well as to best quality services for clients," added Al Mutawa


About Department of Economic Development (DED)
The Department of Economic Development (DED) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. DED supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth. DED and its agencies develop economic plans and policies, identify and support the growth of strategic sectors, and provide services to domestic and international investors and businesses.

 






  MENA News Headlines
 Aug 22 2014 - The Diabetes Protocol ReviewDoes Dr. Kenneth Pullmans Program WorkMENAFN Press
(MENAFN Press) Read Dr. Kenneth Pullman's Diabetes Protocol review and find out if it really treats diabetes and promotes a healthier lifestyle. A 100% natural treatment With no use of drugs and ...

 Aug 22 2014 - Truth About Dentists ReviewDOES IT REALLY WORKMENAFN Press
(MENAFN Press) What is Truth About Dentists program? Can you really get rid of expensive dentists? Read Truth About Dentists review and find out. The program can help create an extremely impressive ...

 Aug 22 2014 - Scottsdale Accident Lawyer Weighs in on Child Sports InjuryMENAFN Press
(MENAFN Press) Scottsdale Accident LawyerWith at least 20 million children involved in organized sports activities injuries are very likely to occur. What legal options do parents have in cases of ...

 Aug 22 2014 - The bac rac Outstanding Innovation in Back Pain Relief raises 15k on KickstarterMENAFN Press
(MENAFN Press) bac rac the outstanding innovation in back pain relief has successfully raised 100% of its funding target in just over 2 weeks on Kickstarter the crowd funding website.bac rac has ...

 Aug 22 2014 - San Diego Segway Tours by Wheel Fun Rentals Offers 50% Discount to End the Summer SeasonMENAFN Press
(MENAFN Press) To celebrate the end of a wonderful summer season and the start of a new school year San Diego Segway Tours by Wheel Fun Rentals is offering a 50 percent off coupon to anyone who ...

 Aug 22 2014 - Ortho Back-Up Launches a New Episode on their Weekly Tips to Prevent Back PainMENAFN Press
(MENAFN Press) Ortho Back-Up has launched a new episode on their Weekly Tips to Prevent Back Pain. The upcoming 6th episode is entitled Stretches for Your Back. This new episode is sure to give ...

 Aug 22 2014 - MrQuickPick Launches RideShare Partner ProgramMENAFN Press
(MENAFN Press) MrQuickPick the multiple award winning national car unlocking service has announced the commencement of their Partner Program that enables qualified Lyft and Uber drivers to offer ...

 Aug 22 2014 - Saudi - Agriculture sector advances 1.3Arab News
(MENAFN - Arab News) The Saudi stock market continued its positive movement and managed a fourth straight rise on Wednesday accumulating more than 56 points.The Tadawul All-Share Index (TASI) set out ...

 Aug 22 2014 - 20 Most Popular Family Cruise ShipsConsumer Reviews Reveal Most Popular Cruise ShipsMENAFN Press
(MENAFN Press) Built in 2009 the Oasis of the Seas and her sister ship the Allure of the Seas are the largest cruise ships afloat. At a cost of $1.4 billion apiece these floating palaces weigh about ...

 Aug 22 2014 - Hollande: France armed Syrian rebels 'a few months ago'Arab News
(MENAFN - Arab News) SAINT-PIERRE France: President Francois Hollande said on Thursday that France had delivered weapons to rebels battling the Syrian regime of Bashar Assad 'a few months ago.'The ...

more...


 






Google

Live Currency Rates

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help