GOVERNANCE TIMELY & TRANSPARENT REPORTING
Our approach is built on an integrated corporate governance
Gulf Navigation has fully adopted and implemented the relevant corporate governance rules as set out by Securities and Commodities Authority (SCA), i.e., 7 R.M of 2016 concerning the standards of institutional discipline and governance of Public Shareholding Companies. And the Chairman of Authority’s Board of Directors’ Decision no. (3/R.M) of 2020 concerning Approval of Joint Stock Companies Governance Guide.
Adopting and implementing the corporate governance framework is a primary objective of both the Board of Directors and the executive management; which helps to ensure compliance with the applicable rules, and regulations, transparency, disclosures, increase shareholder value, protect/safeguard the interest of stakeholders and mitigating business risks appropriately.