DOHA: Qatar Stock Exchange (QSE), in collaboration with Iridium Investor Relations, yesterday launched the fourth annual Investor Relations (IR) Excellence Program, which aims to help listed companies in Qatar further improve investor relations best practices.
Since its inception in 2015 as the first recognition program of its kind in the GCC, the IR Excellence Program rewards companies and their leaders for their investor relations achievements.
Rashid bin Ali Al Mansoori (pictured), Chief Executive Officer of Qatar Stock Exchange said: “It has never been more important for listed companies to engage in a meaningful dialogue with existing and prospective shareowners that fosters truth and trust. During a time when risks can arise from all angles, it is critical to keep the investment community informed through professional investor relations activities – both locally and internationally”.
A public voting system and a thorough IR website ranking of all listed companies will be conducted from mid-November to end-December 2018.
Both retail and professional members of the investment community will be eligible to vote for the best investor relations efforts by the companies.
Iridium Investor Relations, an independent IR advisory specialist, will manage the distribution of emails and questionnaires to a database of over 2,000 regional and international investor on behalf of QSE. The firm will also be responsible for ranking the company’s websites.
Since the program launch in 2015, the IR Excellence Program methodology has been made publicly available to the market every year in advance of the review process.
Abdul Aziz Al Emadi, Director of Listing Department at QSE, added: “During the first three years of the IR Excellence Program, the QSE focused on creating awareness for the importance of the investor relations function. As a result, a growing number of companies has made improvements to their investor relations efforts.
