Boursa Kuwait Signs MOU with Middle East Investor Relations Association (MEIRA)

Boursa Kuwait has signed a Memorandum of Understanding (MOU) with the Middle East Investor Relationship Association on Thursday 23 March, 2017 at Boursa Kuwait Headquarters. Mr. Khaled AlKhaled, Boursa Kuwait Vice Chairman and Chief Executive Officer, and Alex. MacDonald-Vitale, MEIRA Chairman, singed the contract to mark the beginning of this partnership.

MEIRA is a non-profit organisation that intends to promote investor relationships ideal practice throughout the Middle East. Through this partnership, Boursa Kuwait will be playing a leading role in the assistance of the 'MEIRA Kuwait Chapter' in an initiative to elevate the requirements of the Investor Relations duty by rolling out specialized recognition and training programs Discussing this arrangement, Khaled AlKhaled claimed: "Establishing the exchange scene in Kuwait calls for considerable service several levels. One primary level is involving with our stakeholders with the relentless and consistent transparent approach, which we have embraced given that the beginning.".

He additionally included "This has permitted us to develop positive connections with them that subsequently has and will certainly remain to sustain the evolvement of Boursa Kuwait right into the leading exchange we look for to create.

" Boursa Kuwait intends to partner with organizations and entities that share the exact same rate of interests and purposes, in order to ensure a valuable outcome and an equally valuable partnership. In line with this agreement, Boursa Kuwait intends to further develop and release best practices with concerns to the existing investor relations tasks and framework, and undoubtedly take advantage of the knowledge and competence of market specialists, such as MEIRA." AlKhaled included.

The purposes of MEIRA are to promote a culture of efficient interaction in between listed business, exchanges, regulatory authorities, advisers and the deal side neighborhoods in the Middle East, and to advertise openness in the market. It additionally plays an essential duty in the governance framework which should be stuck to in terms of provided companies and accredited individuals.

Commenting on its function in reinforcing effective investor relations, MacDonald-Vitale at MEIRA said: "We are thrilled to start this critical partnership with Boursa Kuwait. This Memorandum of Recognizing further enhances the existing platform of collaboration in between MEIRA and Boursa Kuwait, at a time when continued enhancement in criteria of best method is of essential relevance to the marketplace's development.".

He also added "At MEIRA, we eagerly anticipate sustaining Boursa Kuwait's efforts to develop the Kuwait monetary market". Complying with the trademark of the MOU, MEIRA prepares to hold a training session on Investor Relations on 29 - 30 April in Kuwait, which is open to public, curious about IR matters.

For more information on Boursa Kuwait, please check out www.boursakuwait.com.kw or e-mail. info@boursakuwait.com.kw.