Commercial Real Estate holds corporate governance training for staff
Commercial Real Estate Company organized a corporate governance training course attended by Mansour Kamal, Director of the Governance and Compliance Department, reaffirming its commitment to international standards.
Translated by Qiyas from النهار — Original source
The Commercial Real Estate Company organized a training course for new employees at its headquarters, titled “Corporate Governance and Its Applications in the Company.” This course comes in line with the company’s commitment to strengthening the culture of governance and entrenching the principles of transparency, integrity, and accountability among employees, in accordance with the directives of the Capital Markets Authority, enhancing the work environment, and improving institutional performance efficiency.
The course, delivered by Mansour Kamal, Director of Governance and Compliance, covered several key topics related to corporate governance rules. It began with an introductory overview of the concept of governance and its importance, followed by a review of governance rules outlined in Chapter Fifteen of the Executive Regulations of the Capital Markets Authority. The session also highlighted major developments and practices in governance at both the local and international levels, as well as their applications within the Commercial Real Estate Company. The course witnessed extensive interaction from participants, aiming to deepen their understanding of governance requirements and their practical implementation.
Engineer Abdul Muttalib Ma’arfi, Chief Executive Officer of the Commercial Real Estate Company, stated that the course reflects the company’s dedication to developing its workforce and enhancing their awareness of governance and compliance principles, ensuring their effective integration into the work environment and a clear understanding of their assigned roles and responsibilities. He further noted that the company’s receipt of ISO 37000 certification from the International Organization for Standardization, which pertains to principles of good corporate governance, underscores its firm commitment to applying best practices and standards in this field. This certification supports the company’s strategy to enhance its competitive standing locally and regionally, strengthens its capacity to achieve sustainable long-term growth, and boosts the confidence of shareholders, investors, and stakeholders.
