Masraf Al Rayan has announced the launch of its ‘Investor Relations’ application that aims to provide convenience and update the immediate price and daily performance of the bank’s share and information related to investors, on smartphones and tablets running on the iOS and Android operating systems.
The bank said in a statement that the application offers, in addition to providing investors with the latest data for the stock price, news and disclosures, in addition to alerts for the most important events that concern the communities of shareholders and investors.
Masraf Al Rayan Investor Relations App will also open another communication window with all stakeholders, from shareholders, investors, and specialised technical analysts, as it will provide quick access to a large database of digital data, in addition to the latest news and financial developments in the operations of the group.
Adel Mustafawi, GCEO at Masraf Al Rayan, said: “The application developed and managed by Euroland IR will provide an important central resource for financial and operational information, which enable existing and potential investors and other owners to be aware of the activities of Masraf Al Rayan Group at any given time and place, as the new digital tools allow access to the bank’s stock performance as well as the use of interactive charts to display the performance.
“Masraf Al Rayan worked to reinforce its position to be one of the best institutions in the field of investor relations locally, regionally, and globally by strengthening and supporting investor relations activities and adopting the highest standards of professionalism and efficiency in communicating with investors and the investment community.”
He added: “In addition to these efforts, we are proud to launch this application that provides all investors with an easy access to information related to the bank’s stock performance and other financial information through periodic reports, financial statements and the latest news published by the Investor Relations Department in harmony with our strategy and our commitment to enhance the level of disclosure and transparency in favor of the interest of shareholders and other stakeholders.”
The new Investor Relations application is available in many languages, including Arabic and English, and provides a full description of financial indicators, key performance indicators, quarterly and annual financial reports, in addition to the possibility of conducting a historical research in the stock price and an investment calculator.
Masraf Al Rayan’s launch of this vital technology comes as another step towards executing its strategy that aims to make the bank the preferred investment option through providing an application that facilitates good governance and keeping pace with technological development in the field of communications by creating innovative channels to communicate with all stakeholders.
The Masraf Al Rayan building in Doha.
