Qatar Stock Exchange Launches Fifth Annual IR
Excellence Program
October 01, 2019
Qatar Stock Exchange (QSE), in collaboration with Iridium Investor
Relations, today announced the launch of the fifth 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.
Mr. Abdul Aziz Al Emadi, Listings Director of QSE, 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. The QSE IR Excellence Program has
been created to recognize the best organizations and leaders in
Qatar who excel at creating a clear picture about their listed
company’s strategic, financial and operational developments, and
adhere to the highest standards of transparency and disclosure."
“Over the years, the IR Excellence Program has enabled the QSE to
focus on creating awareness for the importance of the investor
relations function. As a result, a growing number of companies
have made improvements to institutionalize and internationalize
their investor relations efforts. We are committed to helping
more companies adopt best practice standards. Building on the
momentum that we have created to date, our goal is to take
investor relations in Qatar to the next level,” Al-Emadi added.
A public voting system and a thorough IR website ranking of all
listed companies will be conducted during the month of November
and December 2019. Both retail and professional members of the
investment community will be eligible to vote for the best
investor relations efforts by the companies.
Since inception in 2015, the IR Excellence Program methodology has
been made publicly available to the market every year in advance
of the unbiased review process. To ensure fairness and
credibility of the award, the IR Excellence Program cannot be
sponsored.
Ooredoo received recognition as the best Qatari firm for IR
Excellence in February 2019. The best small (Al Meera), mid
(Vodafone) and large cap (Qatar National Bank) companies, as
well as the best Chief Executive Officer (Sheikh Saud bin Nasser
Al Thani of Ooredoo), Chief Financial Officer (Mr. Ajay Bahri of
Ooredoo), the best Investor Relations Officer (Mr. Andreas
Goldau of Ooredoo) and the best corporate IR website (Qatar
National Bank) in the country, were also recognized.
The IR Excellence Program has been benchmarked globally against best
practices to ensure a fair, credible and transparent
methodology. The full methodology and all rating criteria will
be made available to the public in advance of the ranking. This
enables all market participants to review categories and
selection criteria, and gives them some advance notice to adjust
their Investor Relations efforts, especially concerning the
information services they provide through their IR websites.
|