Middle Eastern publicly recorded companies are becoming increasingly aware of the importance of online transparency as part of their strategy to administer best practice investor relations.
This is the key conclusion of the 2011 KWD Middle East Webranking survey that annually reviews corporate websites across the region based on the requirements of the investment community.
The survey prooves that an increasing number of companies are revolving to online channels to communicate with shareholders, disclosing more information on financials, corporate governance, CSR initiatives and company news on their websites.
The winners of the KWD Webranking Survey are as followed: Al Khalij Commercial Bank from Qatar presented itself as overall winner in the Middle East, followed by Aamal Company, also from Qatar, in second place. UAE real estate group Emaar remained on its position as third best corporate website.