Ooredoo Q.S.C. (“Ooredoo”) - Ticker: ORDS won “Best Company for Excellence in Investor Relations” and “Best Investor Relations Website” awards at the second Qatar Stock Exchange (QSE) Investor Relations Excellence Awards ceremony. Held on Monday, February 6th 2016, the event recognized Ooredoo’s best practice in investor relations and its superior contribution to ensuring transparency and adequate disclosure standards with capital market participants in Qatar.
The Qatar Stock Exchange’s (QSE) awards publically listed companies that have demonstrated best-in-class investor relations (IR) practices over the past year. The categories include most improved company in investor relations, best Qatari company overall for excellence in IR, best large cap company, best small cap company, best CFO, best IR officer, and best IR website.
Sheikh Saud Bin Nasser Al Thani, Group Chief Executive Officer, Ooredoo, said: “We in Ooredoo are delighted to have been recognized for our investor relations efforts for a second year in a row. We commend QSE’s mission to reward and encourage excellence in IR, and emphasize the importance of benchmarking in this field.We remain committed to disclosing information in line with best practices.”
Through an online tool launched by the QSE in 2016, members of the international and regional investment community active in the Qatari stock market placed their votes to help identify the companies which best demonstrate superior transparency and international disclosure standards in financial communication.
Ooredoo’s excellence in investor relations was also recognized last year. The company won QSE’s Best Investor Relations Website and Best Investor Relations Officer Awards. Regionally, the Middle East Investor Relations Association (MEIRA) awarded Ooredoo Qatar with the Best Investor Relations Corporate and Best Investor Relations Professional Awards in September 2015.
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Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named “Most Innovative Company of the Year – MEA Region” at the 2015 International Business Awards.
The company reported revenues of USD 8.8 billion in 2015 and had a consolidated global customer base of 117 million customers as of 31 December 2015. Ooredoo’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.