Governance
corporate Governance
Al Kathiri Holding Company and its subsidiaries adhere to the highest standards of corporate governance and apply all provisions applicable and listed in the corporate governance regulations issued by the Capital Market Authority (CMA) and other relevant laws and regulations, as well as international governance principles and best practices, where applicable. Al Kathiri Holding has developed a governance framework, which contains regulations and policies that fosters transparency, accountability and competence.
Stemming from its belief in working for a better future and its desire to create continuous investment value, Al Kathiri Holding continues on its commitments to build long-lasting ties with all of its shareholders and other stakeholders through:
- Adherence to company policies, procedures, and statutes.
- Providing trustworthy and transparency reports.
- Implementing all domestic laws, regulations, rules, and international best practices.
The company's leadership team formed by Board of Directors, its committees, and executive management, play a fundamental role in the company's success and it differentiate by implementing a governance policy and their possession of a range of skills, experiences and attributes, which have enabled them to led the company with professionalism and as a single administrative entity.
Al Kathiri Holding recognize the importance of modern developments in corporate governance, as a result Al Kathiri Holding continuously reviews and updates the governance framework, when necessary, based on any amendments to the local laws or regulations or international practices.
REGULATIONS & POLICIES OF GOVERNANCE
From the group sense of belief in establishing adequate procedures, controls and regulations that will make it easier for the company to attain good governance to ensure surveillance and accountability systems and strengthen transparency in relation to the activities of the company and its employees, commensurate with the risks involved in those activities, and in implementation and honoring with the requirements and provisions of the corporate governance regulations and other relevant laws and regulations, in addition to the international governance principles and best practices, the Ordinary General Assembly of the company and/or the Board of Directors have adopted and endorsed the following regulations, policies and instructions:
| The Statute | List of Work Regulations |
| Work List of the Nominations & Remuneration Committee | Employees’ Motivating and Rewarding Policy |
| Work List of Audit Committee | Dividend Policy |
| Remuneration Policy of the Board Members, Committees, and Senior Executives | Organization of Relationship with Stakeholders Policy |
| Policies, Standards, Procedures for the Membership of the Board of Directors | Conflict of Interest, and Addressing of Potential Conflicts Policy |
| Professional Conduct & Ethics Policy | Disclosure & Transparency Policy |
| Whistle-blower Practices Policy | Human Resources Policy |