Corporate Governance

The Corporate Governance framework at Al-Alamiya Investments is based on an effective Board oversight and the constitution of Board and Management Committees to oversee critical areas of Al-Alamiya Investments operations.

The Board of Directors is committed to the ongoing enhancements in Al-Alamiya Investments Corporate Governance for the benefit of all stakeholders. This provides direction for Al-Alamiya Investments and its subsidiaries, which structure their respective governance frameworks according to Group standards.

Furthermore, this framework enables the Board of Al-Alamiya Investments to balance its responsibility of oversight with their role as providers of strategic direction, thereby achieving a proper balance between conformance and performance. In creating the Corporate Governance framework, the Board is committed to applying accepted governance principles in a practical way.

Al-Alamiya Investments values form the framework against which behavior, practices and activities are measured and characteristics of good governance are assessed. Al-Alamiya Investment values always require Directors and employees to conduct themselves with integrity and display moral strength and behavior that promote trust.

Good Corporate Governance is contained in Al-Alamiya Investment values, culture, processes, functions and organizational structure. The firm’s culture is based on a written Corporate Governance Policy, whereas the governance structure is designed to formalize the oversight of key businesses and processes. These structures are refined on an ongoing basis.