Corporate Governance

Mannai Corporation QSC is committed to having a high level of corporate governance practices and procedures in a way which maintains the company’s standards and enhances shareholder value.

During 2009 the Qatar Financial Markets Authority issued a Corporate Governance Code for listed public companies in Qatar. Accordingly the Board of Mannai Corporation began structuring its corporate governance procedures in line with the principles of the Code.

In accordance with the Code, the Terms of Reference for our Board Committees are detailed below.

The Company’s Dividend Policy and Remuneration Policy have been submitted to our shareholders in accordance with the Code.  Similarly they are outlined below.

Other practices as they are introduced will also be published on the website.

Where areas of the Code may require amendments to the Company’s Articles of Association the Company is awaiting the finalized edition of the code, after the transition period, before the Board considers any necessary changes to the Company’s bye-laws.