Ooredoo has been adjudged as the best Qatari company (overall) at the Qatar Stock Exchange 2019 IR (Investor Relations) excellence programme awards.
QNB, Vodafone Qatar and Al Meera bagged the awards under the best large cap company, the best midcap and the best small cap category respectively. The awards were presented last night.
Under the best IR website category, the first position went to Ooredoo and QNB stood second. The third position was shared by Qatar General Insurance and Reinsurance, United Development Company and Aamal Company.
Under the individual category, Ajay Bahri of Ooredoo was chosen as the best chief financial officer, Andreas Goldau of Ooredoo as the best IR officer and Abdulla al-Khalifa of QNB as the best chief executive.
“For the fifth year running, we have rewarded companies and individuals that have demonstrated the highest investor relations standards in the country,” QSE chief executive Rashid bin Ali al-Mansoori said.
Qatar and the region have moved on to a higher level of engagement with investors and other stakeholders in part, because this has been driven by a backdrop of inclusion in leading indices, leading directly to inflows of investment dollars running to many billions which is forcing a realisation of the growing need for further sophistication, according to him.
Abdul Aziz al-Emadi, director, Listing Department of the QSE, said it has worked with Iridium in designing a framework that reflects international best practice. The framework relies on two separate areas, namely direct feedback from both local and international investors and also a transparent website ranking mechanism.
The IR excellence programme features a mobile digital tool for website rankings. The tool enables companies to see their website ranking broken down into technology, content and service, and the areas of improvement of their 2019 score.
