Doha, Qatar - Sunday, July 24th 2016 [ME NewsWire] (BUSINESS WIRE)-- Qatar Stock Exchange and Iridium Investor Relation today jointly announced that the Investor Relations Excellence Program will be repeated for a second year after its successful launch in 2015. The IR Excellence Program, which is the first of its kind in the Arabian Gulf region, will once again recognize publicly listed companies for their achievements and proactive efforts to foster professional investor relations standards. Mr. Rashid Bin Ali Al-Mansoori, Chief Executive Officer of Qatar Stock Exchange said: “The IR Excellence Program celebrates companies that do best in investor relations, while helping all other listed companies to think about how they can strengthen their investor relations. As investor relations builds confidence, drives trading activity and enhances market accessibility, the program supports our agenda as a stock exchange to build a competitive market place that reinforces Qatar’s position wi ... Read more »

Dubai, United Arab Emirates - Sunday, July 24th 2016 [ME NewsWire] Headquartered in Germany, leading pump manufacturer Wilo has announced an investment to build a local facility in JAFZA, Dubai. The investment plan consists of constructing offices, a training center, warehouses and local assembly plant over an 8,000 square meter plot of land, to be used by Wilo Middle East FZE, the ME regional subsidiary of the Wilo Group. The new facility will be located in JAFZA South. Wilo Middle East FZE originally opened in Jebel Ali Free Zone in 2008 and subsequently moved to another facility in 2011 to accommodate its regional business expansion and meet growing market demands by incorporating a showroom, sales office and state-of-the-art warehouse in the new premises. Significantly, the new facility will include the ‘Wilo Academy,’ the training center where distributors, engineers, installers and end users will receive training on its various water technology solutions. The firm believes tha ... Read more »