Nasdaq Dubai has signed an MoU with the Middle East Investor Relations Society (ME-IR Society) to promote best investor relations practices across the region.

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.

Jeff Singer, chief executive of Nasdaq Dubai, said transparency and timely delivery of accurate information were key to promoting investor confidence in listed companies.

“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,” he stated.

Through the exchange’s 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.

'The ME-IR Society and NASDAQ Dubai share a common goal – to actively promote IR best practices in the Middle East,' said 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,” he noted.

The Middle East Investor Relations Society was established in 2008 and aims to ensure that regional companies have access to the necessary tools, resources and network of experts to support them in their efforts to adopt and implement best practice investor relations.-TradeArabia News Service