Kamal, addressing the opening session of a two-day international conference on governance of companies, said the central banks in the Gulf Cooperation Council (GCC) countries played a key role in protecting their economies.
The central banks, he noted, were strict in facilities operations and increasing reserves.
Kamal said the term of governance of companies has been receiving growing attention over the past few decades namely after the global financial crisis.
Companies’ governance is based on principles and regulations to guarantee safe practice for the sake of protecting shareholders’ equity, said Kamal.
He called for creation of codes of conduct ruling complex relations between companies.
