Qatar Exchange scheme to promote investor relations

The Qatar Exchange has launched a programme to rank listed companies according to their investor relations and reward the best firms.

Iridium Investor Relations, a consultancy, will provide the framework for the programme, which will culminate in a ceremony in December to crown the best small, mid and large-cap companies, the best chief financial officer, the best investor relations officer and the top three company investor relations websites in Qatar.

“We will recognise the efforts of the best companies,” says Rashid Al-Mansoori, chief executive of Qatar Stock Exchange. “We will also use this initiative to encourage other companies to enhance their disclosure practices and level of activity going forward.”

Iridium will base the awards on an anonymous online survey and the ranking of company websites on a series of public criteria.

In 2014, Qatar was promoted from a frontier market to an emerging market by index provider MSCI, reflecting improvements in the operations of the exchange.

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