As the application of these principles is one of the most important rules, systems, and procedures that achieve the best protection and balance between the interests of the company’s managers, shareholders and other stakeholders associated with it, especially that these rules can be considered complementary to the texts contained in the companies in the various laws, although they do not represent legal texts that command However, it is an organization and a statement of good behavior in corporate management, the rules of governance
In order to reach the desired performance, the audit committee submits its report to the board of directors every three months, where the committee has the right to request information from any department in the company, and the committee exercises its powers in accordance with the decision of the board of directors of the Egyptian Financial Supervisory Authority