·Source: SouqData proprietary analysis
IR Readiness Score
10-dimension Investor Relations readiness assessment for GCC-listed companies. Aligned with the Saudi Exchange IR Best Practice Toolkit. Each dimension is scored 0-10, producing a total score of 0-100.
Companies Scored
1,973
Average Score
15.1/100
Top Score
54/100
Grade A Companies
0
0.0%
Grade Distribution
Average Score by Exchange
| Exchange | Companies | Avg Score | Distribution |
|---|---|---|---|
| QSE | 55 | 35.7 | |
| DFM | 70 | 24.2 | |
| ADX | 98 | 23.8 | |
| BHB | 17 | 23.2 | |
| TDWL | 385 | 21.2 | |
| BK | 136 | 18.4 | |
| ASE | 205 | 16.5 | |
| MSX | 85 | 15.4 | |
| BIST | 568 | 10.7 | |
| EGX | 252 | 6.4 | |
| ISX | 102 | 2.5 |
Dimension Breakdown
Average score per dimension across all companies. Lower-scoring dimensions represent the largest IR improvement opportunities across the region.
Top 20 IR-Ready Companies
Highest-scoring companies across all 10 IR readiness dimensions.
| Ticker | Company | Exchange | Score | Grade | IR | Biling. | Calls | AR Qual. | Web | ESG | Analyst | Freq. | Gov. | Timely |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QNBK | Qatar National Bank QPSC | QSE | 54 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 4 | 10 |
| QIBK | Qatar Islamic Bank | QSE | 52 | C | 0 | 0 | 0 | 10 | 10 | 10 | 7 | 0 | 5 | 10 |
| DHBK | Doha Bank | QSE | 52 | C | 0 | 0 | 0 | 10 | 10 | 10 | 5 | 2 | 6 | 9 |
| MARK | AlRayan Bank | QSE | 52 | C | 0 | 0 | 0 | 10 | 10 | 10 | 4 | 2 | 6 | 10 |
| VFQS | Vodafone Qatar QSC | QSE | 51 | C | 0 | 0 | 0 | 10 | 10 | 10 | 3 | 2 | 6 | 10 |
| ORDS | Ooredoo Q.P.S.C | QSE | 50 | C | 0 | 0 | 0 | 10 | 10 | 10 | 8 | 0 | 4 | 8 |
| SALIK | Salik Company PJSC | DFM | 50 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 10 | 0 |
| DIB | Dubai Islamic Bank PJSC | DFM | 49 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 9 | 0 |
| QNNS | Qatar Navigation QSC | QSE | 49 | C | 0 | 0 | 0 | 10 | 10 | 10 | 2 | 2 | 6 | 9 |
| EMAAR | Emaar Properties (P.J.S.C) | DFM | 48 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 8 | 0 |
| 1180 | Saudi National Bank | TDWL | 48 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 8 | 0 |
| 7010 | Saudi Telecom Co. | TDWL | 48 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 8 | 0 |
| 1150 | Alinma Bank | TDWL | 48 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 8 | 0 |
| 1211 | Saudi Arabian Mining Co. | TDWL | 48 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 8 | 0 |
| 2010 | Saudi Basic Industries Corp. | TDWL | 48 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 8 | 0 |
| 2222 | Saudi Arabian Oil Co. | TDWL | 48 | C | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 0 | 8 | 0 |
| NBK | National Bank of Kuwait K.S.C. | BK | 47 | C | 0 | 0 | 0 | 10 | 10 | 10 | 9 | 0 | 8 | 0 |
| PARKIN | Parkin Co. PJSC | DFM | 47 | C | 0 | 0 | 0 | 10 | 10 | 10 | 8 | 0 | 9 | 0 |
| ZAIN | Mobile Telecommunications Company K.S.C.P | BK | 47 | C | 0 | 0 | 0 | 10 | 10 | 10 | 7 | 0 | 10 | 0 |
| AHCS | Aamal Company Q.S.C. | QSE | 47 | C | 0 | 0 | 0 | 10 | 10 | 10 | 1 | 2 | 6 | 8 |
IR Improvement Opportunities
Companies with the most room for IR practice improvement.
| Ticker | Company | Exchange | Score | Grade | IR | Biling. | Calls | AR Qual. | Web | ESG | Analyst | Freq. | Gov. | Timely |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RAKNIC | Ras Alkhaima National Insurance Co. | ADX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| TZNI | Al-Khatem Telecommunications | ISX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EGS924B1C019 | TAWASOA FOR FACTORING Rights 2026 - 19.04.26 for shares | EGX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CARD | INTERNATIONAL CARDS COMPANY | ASE | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| AAFI | AL-AMIN FOR INVESTMENT | ASE | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SEGYO | SEKER GAYRIMENKUL YATIRIM ORTAKLIGI A.S. | BIST | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| JEDI | Dimensions: Jordan and Emirates Commercial Investments | ASE | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| APCT | Arab Company for Investment Projects | ASE | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| GGICO | Gulf General Investment Co. PSC | DFM | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ICUGS | ICU Girisim Sermayesi Yatirim Ortakligi A.S. | BIST | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| GGRN | Gogreen for Agricultural Investment and Development Company | EGX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SPMD | Speed Medical SAE | EGX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ATLC | Al Tawfeek Leasing Company-A.T.LEASE | EGX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DTPP | Delta for Printing & Packaging | EGX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DSCW | Dice Sports & Casual Wear Manufacturers SAE | EGX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 9573 | Seder Group | TDWL | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SMRI | Mamoura Real Estate Investment | ISX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SAEI | Al-Ameen Estate Investment | ISX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| VMES | Bain Al-Nahrain Investment | ISX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| VAMF | Al-Ameen Financial Investment | ISX | 0 | F | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Methodology
The IR Readiness Score evaluates each GCC-listed company across 10 dimensions aligned with the Saudi Exchange IR Best Practice Toolkit. Each dimension is scored 0-10, producing a composite score of 0-100.
| Dimension | Data Source | Scoring Logic |
|---|---|---|
| 1. IR Officer | management_team roles | 10 if IR/corporate comms role found, 0 otherwise |
| 2. Bilingual Disclosures | announcements (headline + headline_ar) | Scaled by % with both English and Arabic text |
| 3. Earnings Calls | announcements (type: earnings/conference call) | 10 if 4+/year, 5 if 2+, 3 if 1, 0 if none |
| 4. Annual Report Quality | income_statements, balance_sheets, cash_flow_statements, revenue_segments | 2.5 points per statement type present (max 10) |
| 5. IR Website | issuers.website_url | 10 if website URL exists, 0 otherwise |
| 6. ESG Reporting | esg_metrics | 10 if any ESG data reported, 0 otherwise |
| 7. Analyst Coverage | consensus_snapshots | Count of analysts (capped at 10) |
| 8. Disclosure Frequency | announcements (last 12 months) | Linear scale: 10 if 50+ announcements |
| 9. Governance Transparency | governance_risk_scores.disclosure_score | Disclosure sub-score scaled from 0-100 to 0-10 |
| 10. Earnings Timeliness | earnings_results.announced_at | 10 if avg <15 working days; scales to 0 at 75+ days (GCC weekend) |
Grades: A (80-100), B (60-79), C (40-59), D (20-39), F (0-19). Working days use GCC weekend (Friday + Saturday excluded).
This analysis is based on available data and disclosed methodology. Our models estimate outcomes using specific inputs and assumptions — the methodology is described on this page. Observations may not account for all relevant factors. This content is provided for educational and informational purposes only.
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