Corporate Governance statement
Corporate governance is the system by which business corporations are directed and controlled. The corporate governance structure specifies the roles of different participants in the corporation, such as the board, managers, shareholders and other stakeholders, and spells out the rules and procedures for making decisions on corporate affairs. By doing this, it also provides the structure through which the entity’s objectives are set, measured and monitored.
Muscat Capital strongly believes in ethical values to achieve higher standards of corporate governance. We continue to strive for excellence in business operations through transparency, and accountability to all our stakeholders. We conduct affairs with customers, regulators, employees, investors, vendors, government and society at large in an open and transparent fashion. Muscat Capital has been practicing the principles of good corporate governance consistently since its inception. Corporate governance at Muscat Capital has evolved not only by ensuring compliance with regulatory requirements but also by being responsive to stakeholders’ needs. The firm strives for excellence through the objectives of enhancing satisfaction both to its customers and shareholders.
The board of directors of Muscat Capital is committed to the highest standards of corporate governance. The firm is committed to raising the bar even further so as to set a leading example of the letter and spirit of the Code of corporate governance laid out by the Capital Market Authority (CMA).
The firm is thankful to the supportive measures by the Capital Market Authority (CMA) to strengthen the financial market in the Kingdom. Muscat Capital’s success and excellence are the results of concerted efforts combined with a strong ambition and the will to attain the leadership position.