Corporate governance bahrain

  • What is corporate governance in UAE?

    Corporate governance in the UAE is evolving to ensure transparency, accountability, and responsible business practices.
    These regulations and initiatives aim to enhance the business environment, aligning with international standards and fostering ethical conduct in the UAE's corporate sector..

  • Board of Directors and Committees

    The Audit Committee. The Remuneration Committee. The Nomination Committee. The Risk Committee. The ESG/ Sustainability/ Responsibility Business Committee.
1. The company shall be headed by an effective, qualified and expert Board. 2. The Board and the executive management shall give full loyalty to the company. 3.
The Bahrain Corporate Governance Code is based upon nine core Principles of corporate governance that adhere to international best practices. The Code includes recommendations to apply the Principles, as well as recommendations which support the implementation of good corporate governance.

Does Bahrain have a corporate social responsibility policy?

Though there are no measures in Bahrain to compel businesses to follow codes of responsible business conduct, the BCSRS has sought to raise awareness of corporate social responsibility in the business community, and in 2019 held its third Bahrain International Corporate Responsibility Award ceremony

How is corruption regulated in Bahrain?

Legislation regulating corruption is outlined in Bahrain’s Economic Vision 2030 and National Anti-Corruption Strategy

Bahrain joined the United Nations Convention Against Corruption (UNCAC) in 2003

Bahrain ratified its penal code on combatting bribery in the public and private sectors in 2008, mandating criminal penalties for official corruption

Why did the gob create a corporate governance code?

The GOB drafted a Corporate Governance Code to establish a set of best practices for corporate governance in Bahrain, and to provide protection for investors and other company stakeholders through compliance with those principles


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