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MENAFN - Muscat Daily - 24/12/2012

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(MENAFN - Muscat Daily) Nawras has recently been recognised as the best corporate website in Oman for investor relations, by industry analysts KWD Webranking Middle East Survey 2012.The annual survey reviews corporate websites across the region based on the requirements of the investment community. Impressing the panel with its online investor relations page, the Nawras website offers shareholders easy access to the latest financial information and corporate governance as the company's stocks, reporting and disclosures remains transparent.The KWD Webranking Middle East Survey 2012 assessed 145 of the largest listed companies from nine countries across the Middle East and North Africa (MENA) region to analyse their online reporting procedures and how each company addresses the needs of the capital market.Ahmed al Humaidi, investor relations manager, and Idris al Balushi, online and content manager at Nawras accepted the award at a ceremony in Doha, Qatar and thanked the organisers for recognising the tireless efforts of Nawras family members in updating the ever evolving website and in making the investor relations page accessible and informative for all visitors. Humaidi said, ''Maintaining strong investor relations is important to Nawras and highlights the company's commitment to transparency and integrity.We have a dedicated investor relations department constantly looking to enhance the company's market value to maximise shareholder's return and strengthen our reputation in the wider financial community.'' He added, ''As a publicly listed company, we have an obligation and responsibility to be accountable and to communicate openly and honestly with our customers and stakeholders.Investor relations is a core corporate governance requirement and the detailed two-way interaction between Nawras and investors, regulators, analysts and customers has helped us to develop a reputation as a caring, customer- centric organisation.'' The Nawras website continues to offer a detailed view of the company's performance with the latest quarterly financial reports, customer figures and analyst coverage, as well as a point of contact for any requests for further information.This year, the survey criteria emphasised on the need for more comprehensive digital communications and online transparency. The major finding of the 2012 survey is that many companies in the region have embraced social media outlets such as Twitter, Facebook and LinkedIn as a vehicle for releasing financial and corporate news.


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