EQS Group AG / Key word(s): Alliance/Strategic Company Decision
EQS Group and Iridium announce Partnership for Middle East
EQS Group AG (ISIN: DE0005494165) continues its geographic expansion, announcing today a new cooperation with Dubai-based Investor Relations advisory firm Iridium. This partnership will ensure companies in countries such as the United Arab Emirates, Qatar, Saudi Arabia, Kuwait, Oman, Bahrain and Egypt will now benefit from the unique digital investor relations solutions offered by EQS Group.
The Middle East, boasting over 1,000 publicly traded companies, offers tremendous growth potential for EQS Group. This year alone 30 companies are set to go public on the regional stock markets. Alongside established markets in the region Dubai and Doha EQS will set its sights particularly on Saudi Arabia as a market for the partnership as Riyadh, the largest financial center in the region with a market capitalization of over 500 billion US Dollars, which is now open for the first time to foreign investors. The anticipated new regulations and transparency requirements in the Arab region as a whole make it an ideal environment for the international best practice solutions from EQS Group AG.
Oliver Schutzmann, CEO of Iridium Investor Relations said: "In EQS Group we have found a strong partner already setting the benchmark with its innovative premium products in the German speaking region, Russia and Asia. Our partner makes a central contribution to reliable and transparent communications in the market. What unites us is our common goal to offer customers the potential to increase the international scope of their communications with investors and achieve a measure of efficiency not seen previously."
Achim Weick, CEO of EQS Group AG said: "We are delighted that now, thanks to Iridium's large network and strong expertise in the region, we can offer our One-Stop-Shop for investor relations to companies in this booming economic region. Our products perfectly compliment Iridium's quality approach, providing customers with an optimized and automated process stream for professional corporate communications."
Iridium's singular focus is investor relations. The firm blends advisory across the entire value chain of Investor Relations with international best practice technologies and workflow solutions. That way Iridium supports corporate and government entities obtain, maintain and retain investor confidence in their investment case, their business strategy and their management team. In high-impact scenarios such as M&A transactions, IPOs, debt issuance or special situations, Iridium's extensive frontline experience enables clients to achieve excellence in investor relations.
About EQS Group
The EQS Group is a Munich-headquartered leading international provider of digital corporate communications.
Since its founding in 2000, the EQS Group has grown to be a leading global provider of digital solutions for investor relations and corporate communications. Its solutions and services enable over 7,000 companies worldwide to fulfill complex domestic and international corporate information requirements securely, timely and efficiently.
EQS Investor Relations and EQS Corporate Communications disseminate financial and corporate news, develop corporate websites and apps, produce online financial as well as sustainability reports, and execute audio and video broadcasts. EQS Financial Markets & Media and ARIVA.DE (25.44%) are active in financial marketing, data and content delivery as well as the development of financial portals. Through its DGAP service, the EQS Group is the institution by which companies fulfill mandatory regulatory news dissemination requirements.
The EQS Group is headquartered in Munich, with a further domestic office in Hamburg. The international growth strategy has led to subsidiaries in Zurich, Moscow, Hong Kong, Shenzhen, Singapore, Taipei, and Kochi. EQS Group currently has over 180 employees.
2015-09-16 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
|Company:||EQS Group AG|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Munich (m:access), Stuttgart; Open Market (Entry Standard) in Frankfurt|
|End of News||DGAP News Service|