Corporate Governance
The Board of Directors and the Executive Management of Tawuniya is committed to developing and complying with certain business and management standards, which conform to good business and corporate practices. These standards, related to the corporate governance policy of the company, its strategic direction, the desired Company culture and guiding prin- ciples in core functional areas are incorporated in this document. The document also incorporates the guidelines issued by Saudi Arabian Monetary Agency (SAMA) on corporate governance. Further, the document includes the basic governing rules for listed companies and the reporting and disclosure requirements stipulated in the Capital Market Law and related regulations.
The following document provides a high level definition of the above mentioned standards, principles and policies, which shall be read in conjunction with detailed polices and procedures defined for different functional areas for smooth implementation of such standards and policies.
Tawuniya Corporate Governance Stantard