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02.11.2016

Middle East market entry: EQS Group starts company in the United Arab Emirates

EQS Group AG / Key word(s): Strategic Company Decision

2016-11-02 / 09:00


The EQS Group, a leading technology provider for digital investor relations in Europe and Asia, is pushing ahead with its global expansion. The founding of EQS Group FZ-LLC, based in the United Arab Emirates, completes EQS's entry into the Middle East, a region with more than 1,000 listed companies which is opening up rapidly to foreign investors. As such, there is great demand for digital solutions for transparent financial market communications.

The EQS Group has been active for over a year in the United Arab Emirates, Qatar, Saudi Arabia, Kuwait, Oman and Bahrain through a cooperative partnership. From its Dubai location, opened in mid-October, the EQS team supports IR managers in the Middle East with products and services for professional digital investor relations. In addition to accessing and addressing investors via EQS's global Financial Newswire, companies can benefit from EQS's wide spectrum of tools and services that ensure secure and integrated workflow.

Achim Weick, founder and CEO of EQS Group: "We've already learned a great deal about the market and its requirements and we're confident that our approach to digitalising investor relations work, which has been proven so successful in Europe and Asia, will also offer great added value to investor relations managers in the Middle East. It is a win-win situation: the Middle East offers EQS great potential for growth while the companies in this region's still young market profit from our know-how."

Dirk Wagner, responsible for business operations in the Middle East, on his new role: "A growing recognition and awareness of the importance of investor relations in the region, both among business managers and stock market operators, has helped EQS establish important customer relationships as well as support multiple issuers in investor communications with our unique technology."

EQS's new Middle Eastern location is yet another part of the company's committed expansion strategy to be present in the most important financial markets in Europe, Asia, North America and the Middle East. This strategy is rooted firmly in a local presence and deep market understanding, complemented by the international expertise EQS has from being a technology leader.

For more information: www.middle-east.eqs.com


Contact:
Alexander Mrohs
Phone: +49 40 7679356420
Email: alexander.mrohs@eqs.com

About EQS Group:
The EQS Group is a leading international technology provider for Digital Investor Relations. More than 8,000 companies worldwide trust EQS's products and services to securely, efficiently, and simultaneously fulfil complex national and international information obligations to the global investment community.

The COCKPIT, a Software as a Service (SaaS), digitally maps the work processes of IR managers, communicates with the company website and distributes company releases via one of the most important Financial Newswires. With further products like websites, IR tools and online company reports EQS Group is a digital single source provider.

EQS Group was founded in Munich, Germany in 2000 and has developed from a start-up to an international group with offices in the world's key financial markets. The group furthermore holds the majority interest in ARIVA.DE AG and employs about 300 professionals.



2016-11-02 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.
Archive at www.dgap.de


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