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MSX launches Best Practices Guide for Investor Relations

2 Dec 2024 By OUR CORRESPONDENT

Muscat – As part of its ongoing efforts to enhance transparency and improve communication between companies and investors, the Muscat Stock Exchange (MSX) on Monday celebrated the launch of its Best Practices Guide for Investor Relations under the patronage of H E Ibtesam bint Ahmed bin Saeed al Faroojiyah, Undersecretary of the Ministry of Commerce, Industry, and Investment Promotion for Investment Promotion.

This guide marks a strategic step toward strengthening investor confidence and improving communication channels between companies and stakeholders, in line with international best practices in the field.

The Best Practices Guide for Investor Relations emphasises the importance of building strong relationships between companies and investors by providing clear policies and established procedures that attract new investors and increase the confidence of existing ones. It also aims to ensure compliance with regulations and laws related to investor relations, and enhance the reputation of companies in both local and global markets.

This initiative is part of MSX’s broader commitment to developing the capital market in the sultanate and enhancing its competitiveness both regionally and internationally. The market emphasises the importance of investor relations as an integral component of the broader financial system, which works to attract capital, respond to the growing needs of the investment community, and bolster the sultanate’s position as a regional and international financial hub.

Majda bint Shikhan al Mamari, Director of the Sustainable Investment Center, said, “The Best Practices Guide for Investor Relations offers practical guidance for companies, including methods for communicating with investors, determining disclosure mechanisms, and managing investor expectations to foster greater satisfaction.”

She added that the launch of this guide reflects ongoing efforts to promote transparency and professionalism, especially in light of the changes occurring in Gulf markets, with their increasing openness to international investors and growing inclusion in global indices. The development of investor relations is now a vital tool for improving the reputation of companies and enhancing their appeal to investors.

The launch of the guide represents a key step in supporting companies and strengthening their global market presence, positioning the Muscat Stock Exchange as a strategic partner in the development of capital markets in the region and in establishing sustainable, responsible investment practices.

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