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Saturday, December 5 - 2009

Nasdaq Dubai signs MoU with Middle East Investor Relations Society

  • United Arab Emirates: Wednesday, July 15 - 2009 at 13:56
  • PRESS RELEASE

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).

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  • Jeff Singer, CEO, Nasdaq Dubai.
    Jeff Singer, CEO, Nasdaq Dubai.
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 are 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."

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. 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."


said Gretchen Haynes, General Manager, ME - IR Society.

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.
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Notes and media contacts

About Nasdaq Dubai:
Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, exchange-traded commodities, structured products, Sukuk (Islamic bonds) and conventional bonds.

The majority shareholder of Nasdaq Dubai is Borse Dubai with a two-thirds stake. Nasdaq OMX Group owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA). Nasdaq Dubai is located in the Dubai International Financial Centre (DIFC).

For more information, contact:

Mark Fisher
NASDAQ Dubai
Tel: +971 4 3612220

Maliha Aqeel
Account Manager - Finance Practice
Jiwin Public Relations
Tel: +9714 3613598

About the Middle East Investor Relations Society:
The Middle East Investor Relations Society (ME-IR Society) aims to support the further development and practice of investor relations across the Middle East in line with the rapid growth of the region's capital markets and increasing demand from both regional and global investors for greater disclosure and transparency. The ME-IR Society is the first of its kind in the region and serves as a unique platform for IR professionals. Its main objective is to promote and develop the IR profession by creating a solid networking platform for regional practitioners and a forum for sharing and promoting of IR standards.

For further information, please contact:

Nicholas Nesson / Gunjan Chaurasia / Mohammed Daggamseh
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080

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