المدونة

The Corporate Governance Regulations issued by the Capital Market Authority are among the most important tools regulating companies in the Kingdom. This regulation sets out the rules and standards regulating company management to ensure adherence to the best corporate governance practices that ensure the protection of the rights of shareholders and stakeholders.

The Capital Market Authority has the authority to regulate and develop the financial market and develop the methods of agencies and entities working in securities trading

The Saudi financial market is considered one of the most important financial markets in the region, providing many investment opportunities for local and foreign investors

Through an integrated and comprehensive system, the Capital Market Authority is keen to ensure the integrity of investment and trading operations, protect investors’ rights, and create a good competitive environment. The Capital Market Authority embodies the Kingdom’s vision and ambition to achieve sustainable economic development.

In conjunction with the development of the Kingdom of Saudi Arabia’s economy and the activation of many huge projects, the demand for innovative financial services that are compatible with international standards in the fields of financing and refinancing has increased.

A joint-stock company is a company established by one or more persons, of natural or legal capacity, and its capital is divided into tradable shares. The company alone is responsible for the debts and obligations resulting from it or arising from its activity, and the shareholder’s responsibility is limited to paying the value of the shares for which he subscribed. .

- The General Assembly elects the members of the Board of Directors for the period stipulated in the company’s bylaws, provided that this period does not exceed four years. In all cases, the members of the Board of Directors are required to be natural persons. Members of the Board of Directors may also be re-elected, unless the bylaws stipulate. The company's foundation is otherwise.

The first paragraph of Article 225 of the new Saudi Companies Law and Article 49 of the Merger and Acquisition Regulations issued by the Capital Market Authority in Saudi Arabia stated that, without prejudice to the provisions of the Law, the Companies Law and their implementing regulations, any company may enter into a merger transaction through any From the following:

One of the legislative advantages in the Kingdom of Saudi Arabia is that it did not touch an area, sector or matter without discussing it and preparing for it the appropriate and regulating legislative framework.

The General Authority for Awqaf is one of the most important bodies in the Kingdom of Saudi Arabia, which is the main supporter for the advancement of the endowment sector in the Kingdom of Saudi Arabia.

The Kingdom of Saudi Arabia is characterized by many important sectors that work on the development and development of Saudi society, and among those sectors are the most privileged and positively influential. Indeed, it is undoubtedly considered one of the most important pillars for the development and development of Saudi society, the endowment sector in the Kingdom of Saudi Arabia

Governance can be defined at the linguistic, administrative and accounting levels as follows: Governance is a language that is a new term in the Arabic language that was developed as a translation of the English word gouvernance on the weight of Foula, and it means “control and control with the aim of rationality and support for transparency and objectivity.”