BinDawood Honored by Competition Authority with a Shield for Achieving Compliance Certificate

BinDawood Holding Company proudly announced on Wednesday that it has been presented with an Honorary Shield by the General Authority for Competition. This recognition follows the company’s status as one of the first entities to obtain a Compliance Certificate in the Kingdom of Saudi Arabia, acknowledged during the launch ceremony of the electronic compliance portal organized by the General Authority for Competition.

In accordance with the official statement on Tadawul, this certificate is part of the General Authority for Competition’s initiatives to bolster companies’ adherence to Competition Law and its implementing regulations. BinDawood Holding Co. successfully secured the compliance certificate on 04/06/2023.

BinDawood Holding Co. reaffirms its ongoing commitment to implementing the highest compliance standards concerning laws, regulations, and instructions. The company’s dedication, as demonstrated by its Board of Directors and Executive Management, underscores its attention to all aspects of compliance and its support for any programs, plans, or procedures ensuring full adherence. The recognition bestowed by the General Authority for Competition validates the company’s advanced steps in this regard.

BinDawood Holding Company extends sincere gratitude to the General Authority for Competition for its continuous efforts in enhancing the compliance environment within the Kingdom and implementing best practices.