Complex Made Simple

DP World wins ‘Best Company for Investor Relations in the Middle East’

DP World has won four awards at the 6th Annual IR Conference and Awards Ceremony in Dubai recently, including the ‘Best Company for Investor Relations, Middle East’ following a global survey of financial industry stakeholders.

Organised by The Middle East Investor Relations Society (ME-IR Society), the event recognises the region’s best performers in investor relations, as voted by investors and analysts in an independent Thomson Reuters Extel survey.

Three additional awards – ‘Best Company for Investor Relations, UAE’, ‘Best Company for Crisis Communications, Middle East’ and ‘Best Investor Relations Professional, Redwan Ahmed, UAE’ – were also won by the global marine terminal operator.

HE Sultan Ahmed Bin Sulayem, Chairman of DP World, said: “It is an honour to be awarded these accolades by fellow industry professionals. Being consistent in our service delivery and available to our investors at all times has contributed significantly to our success and recognition by financial community professionals. They have a better understanding of our operations and financial performance as a result.”

“We have also added more detail in the communications we send our shareholders and investors so that they feel part of our business, which they very much are.”

The Head Office IR team stepped up its efforts this year, hosting more than 300 meetings with capital investors, attending two local and three international roadshows, two local and six international conferences, and conducting 30 port tours for investors at its flagship Jebel Ali Port. Additionally, it organised two major capital market events, taking investors to visit terminals in Brazil, Peru and the UK.

Meanwhile, the IR team also collected a runner’s up Comprend Global Webranking award in recognition of their recently re-vamped IR website.

The strategic importance of investor relations has taken centre stage in light of recent events, such as the UAE’s new legislation compelling listed companies to have a dedicated IR function and Dubai’s Expo 2020 bid, which has positioned the city favourably in the global investment landscape.