Ali Alghanim & Sons Group
CORPORATE GOVERNANCE
In applying sound governance principles, Ali Alghanim & Sons Group Board of Directors follows the best systematic and field business practices within a professional and ethical framework that achieve the Company’s objectives and protects its shareholders and stakeholders rights, always keeping in mind that this practice should lead to the creation of a healthy and well-integrated corporate culture.
Over the past years, Ali Alghanim & Sons Group has shown a keen interest in consolidating the foundations and principles of corporate governance by making every effort to develop such frameworks and mechanisms most appropriate to the Company’s activities and operations, and activating various control systems such as (compliance, risk management, audit and Shariah audit both internally & externally) and ensure the independence within the organizational structure of the company.
Transparency
Ali Alghanim & Sons Group is committed to comply with the rules and instructions issued by the Capital Markets Authority and the other regulatory authorities with regards to the making of accurate and realistic disclosures of all material information related to its business in an accurate and timely manner while being always fair and ensuring equality in providing equal rights of access to such information whether financial or non-financial and related to the financial position of the Company, performance and ownership made through appropriate means of disclosure, thereby enabling stakeholders to be informed of the position of the company in an integrated manner, while posting all the data and information of interest to the shareholders and investors on the Company’s web site.