EQS Group partners with Iridium to expand Middle East corporate communications services
The Middle East boasts more than a thousand publicly traded companies, with 30 companies set to go public on the regional stock markets this year alone. That offers major growth potential for EQS Group in the GCC market.
EQS Group plans to make a push into the Dubai and Doha markets, while setting its sights particularly on Saudi Arabia. Riyadh is the largest financial center in the region with a market capitalization of over $500 billion. That market presents EQS Group a major opportunity as it is now open for the first time to foreign investors.
Iridium CEO Oliver Schutzman said new regulations and transparency requirements in the Arab region will make the Middle East an ideal environment to offer international best practice solutions from EQS Group AG.
"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,” Schutzmann said. “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."