Muscat Electricity Distribution Co SAOC
Thursday
23
March

Corporate Governance

The company is committed to further uphold good corporate governance practices and is keen to apply the laws and regulations issued by the concerned authorities pertaining to joint-stock companies. In addition, the company aims to promote the efficiency, professionalism and transparency in all its operations and activities by developing and updating its own policies and systems. In this aspect, the company in coordination with the Electricity Holding Company has developed  a set of regulations, controls, and rules which promote best corporate governance practices. The company has a dedicated internal audit team that reviews the company's operations and processes to ensure compliance with the relevant regulations and controls and submit periodic reports to the Internal Audit Committee of the Board of Directors.

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