In a move to promote best investor relations practices across the region, NASDAQ Dubai and the Middle East Investor Relations Society (ME-IR Society) have signed a Memorandum of Understanding (MoU).
Under the terms of the agreement, NASDAQ Dubai and ME-IR Society will work together to provide educational seminars and initiatives for issuers, potential issuers and their advisors, as well as enhance understanding of how listed companies can communicate most effectively with the public.
Through the Exchanges Advisory membership status, NASDAQ Dubai issuers can obtain discounted membership of the ME-IR Society. In addition, NASDAQ Dubai will offer its premises for ME-IR Society events.
Transparency and timely delivery of accurate information are key to promoting investor confidence in listed companies, says Jeff Singer, chief executive of NASDAQ Dubai.
The ME-IR Society is an excellent forum for assisting issuers with many aspects of investor relations and for learning more about their views and their investor relations needs, as well as the opinions of the investing public.
The ME-IR Society and NASDAQ Dubai share a common goal to actively promote IR best practices in the Middle East, says Gretchen Haynes, general manager, ME IR Society. Given the current market conditions, IR professionals play an increasingly significant role. The Society is committed to providing IR professionals with access to the necessary tools, knowledge and training to overcome the challenges they face. Our MoU with NASDAQ Dubai is another step in this direction.
L.D.