(MENAFN- Muscat Daily) Omantel has been voted as the best company for investor relations in Oman at the Fifth Annual Middle East Investor Relations Survey, undertaken by Thomson Reuters Extel, in partnership with the Middle East Investor Relations Society (ME-IRS) Omantel also figured in the ‘Top 3 Corporates in the Overall Grand Prix' among leading corporates for investor relations, seventh ranked company for corporate governance and the eight best investor relations website, in the Middle East.
This is the third time in last five years that Omantel has been voted as the best company for Investor Relations in Oman. The awards were presented to Omantel at the ME-IR Society Annual Conference, held at Ritz Carlton, DIFC, Dubai. The Annual Conference and Awards ceremony is the ME-IR Society's flagship event. The awards recognise the efforts of those regional companies and IR professionals who play a critical role in developing best Investor Relations practices across the Middle East. The finalists for the award were selected using feedback from a Thomson Reuters Extel Survey that gathered votes from 336 individuals from 139 organisations, based in the Middle East, United States, the UK and continental Europe.
The individuals include sellside analysts covering stocks in the region and buy-side analysts who invest in the region. Commenting on the Award, Talal Said al Mamari, CFO, said, ''We are proud to win the award for Oman against other leading companies and organisations in the sultanate. We are delighted to be recognised among the top three organisations in the MENA region among 125 organisations that were surveyed.'' He said Omantel Investor Relations program is built on ‘Trust' and ‘Transparency' values of the company.
Omantel Management strives to continuously raise disclosure and investor communication standards to the levels required by local, regional and global investors. This award recognizes the leadership position of Omantel in the field of Investor Relations in the Omani market and it complements recent initiatives undertaken by the company such as obtaining high Corporate Rating by S&P and Moody's. Investor relations have become increasingly important for Omantel since it became a private company in 19
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