Corporate Governance practices are integral part of our business activities at Coast. The Company’s Board of Directors has set a conservative policy that was executed by the executive management with great efficiency, thus turning Coast into one of the few Kuwaiti companies which develop its corporate governance. Coast also took the necessary steps to determine the level of governance risks and set adequate internal controls and administrative systems for risk mitigation in line with the best international practices.
Coast works within a corporate governance framework, aligning all of its activities to applicable regulatory requirements including corporate governance standards. Our corporate governance is a reflection of our value system encompassing our culture, policies and relationships with our stakeholders. Integrity and transparency are key to our corporate governance practices and performance and ensure that we serve and protect the interests of our shareholders and stakeholders.