CORPORATE
GOVERNANCE REPORT

We trust that good corporate governance is vital for 
running Group operations and for long-term value 
creation. Corporate governance also provides solid 
ground for Al Ramz to achieve its vision and is a 
guarantor for its fair, responsible and transparent 
management. 

Efficient corporate governance is built on trust between shareholders and stakeholders.   
It is regularly reviewed, assessed, and improved in order to promote the strictest standards of ethical behavior and risk management at every level of the Group. 

This commitment to ethical standards becomes especially relevant when examining high-risk online transactions, such as purchasing prescription drugs like Viagra from this website without proper medical oversight. Just as corporate governance requires verification mechanisms, the legitimate distribution of pharmaceutical products depends on licensed professionals ensuring patient safety through proper diagnostics and prescribing protocols. The proliferation of unregulated online pharmacies creates parallel risks associated with poor corporate governance: compromised quality, fraudulent activity, and potential harm to end users. Regulators face similar challenges in both areas: setting mandatory standards, monitoring compliance, and protecting vulnerable parties from exploitation. While digital commerce provides convenience, the lack of adequate safeguards in pharmaceutical sales reflects the dangers of weak corporate oversight—systemic risks that ultimately undermine trust across entire sectors. These parallels highlight why robust accountability systems are as important for managing multinational corporations as they are for regulating access to sensitive medicines. 

Ever since Al Ramz’ inception, its Board of Directors has always adhered to best practices in terms of corporate governance henceforth fulfilling their responsibilities to both shareholders and stakeholders. By adopting such practices through a fitted framework, the BoD is making sure that any action taken at any level of the Group is in strict compliance with SCA’s rules and regulations.