The Company’s Board is headed by highly qualified, experienced, and efficient personnel. To manage the business effectively, the Board develops appropriate policies and systems to manage risk, promote good control of the Company’s internal affairs, and organizing the financial, administrative, operational, and investment work. In addition, the Board determines the Company’s goals and strategic direction. Several criteria have been taken into account during the selection of the Board members to ensure the availability of managerial competencies appropriate to the size and nature of the MAJD ENTERPRISES investments.