MSX signs MOU to develop investor relations

The Muscat Stock Exchange (MSX) on Sunday signed a memorandum of understanding (MOU) with the Middle East Investor Relations Association (MEIRA) to develop investor relations activities and enhance transparency.

The MOU was signed by Haitham Salim al Salmi, CEO of the MSX and John Gollifer, general manager of MEIRA.

In a statement to Oman News Agency, Salmi said that the MSX is a member at MEIRA and the MOU aims to prepare representatives of investor relations in companies listed on the Muscat Stock Exchange.

The collaboration between the MSX and MEIRA is considered a strategic partnership that brings international benchmarks and best practices toolkit to support the listed companies and develop the quality of companies’ performance in the market.

Moreover, MEIRA’S approach is to initiate and accelerate local Investor Relations (IR) Chapters in regional capital markets and develop expertise by providing access to a wide variety of programmes, training and certifications.