The Company is managed by a Board of Directors consisting of seven to nine members elected by the General Assembly through secret vote, to represent the shareholders. The term of the Council shall not exceed two years, which is by default exterminated through the election of a new Council.
The company's articles of association require a series of provisions on the issues of membership in the board of directors, and the provisions are summarized in the following:
The Board of Directors is the first organizing authority in the company, as it is the one that sets the company’s policy and strategies, approves the regulations the company follows, and follows it in its internal relations, and it supervises the implementations of this policy and strategies and the application of these regulations.
Duties and Committees of the Board of Directors:
The Chairman and members of the Board of Directors carry out their duties through periodic sessions to follow up and discuss the progress of the company's businesses and develop the necessary tactics to improve its performance.
