KUWAIT: Representative Hamad Al-Madlej posed a question to the Minister of Finance, emphasizing Kuwait Airways’ role as the official national carrier of Kuwait and its global representation. Recognizing the airline’s significance in advancing development and countering questionable practices rooted in personal motivations, he underscored the importance of transparency and adherence to governance principles. The representative then sought guidance and information on the following matters:
(1) Have the governance rules of the company been put into practice? If so, please specify whether the company has experienced any breaches of these rules in the past. This includes instances where a current Board of Directors member engaged in executive actions constituting interference in executive management, participated in executive committees, or otherwise violated the established governance regulations.