Almarai has won the “Excellence in Governance Award 2021”. This award is given to the best-listed companies of the Saudi capital market for successfully completing 150 governance standards. The Al-Faisal University announced the recognition at its Third Global Conference on Governance activities.
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Speaking on occasion, Abdullah Al-Otaibi, Director of Corporate Communications and Public Relations at Almarai, said, “Winning this award has confirmed Almarai’s commitment to implementing the corporate governance standards required by the Saudi Capital Market Authority; in compliance with international corporate governance standards.”
The award, an honorary shield, was given to Abdul Rahman Mazyad, the Director of Events and Conferences at Almarai, by Dr. Mohammed Al-Hayaza, the Director of Al-Faisal University.
It cannot go without mentioning that Almarai is the largest producer; and distributor of food and beverages in the Middle East. It is the world’s largest vertically integrated dairy company, with over 40 million customers; consuming its products daily in the Arab Gulf region together with Egypt and Jordan.