The 2024 International Finance Awards on Saturday named Telecom Egypt the “Best Investor Relations – Telecom Company” at a ceremony which was held at the Jumeirah Emirates Towers in Dubai.

This noteworthy award highlights Telecom Egypt’s steadfast dedication to openness, corporate governance, and proactive engagement with investors, shareholders, and the larger financial community, the IFA said.

Read also: Ethio Telecom, AfDB dialogue on possible partnership to boost Ethiopia’s digital economy

Now in its 12th year, the International Finance Awards honour companies that distinguish themselves by innovation, leadership, and a relentless dedication to best practices.

This year’s event provided a forum to recognise exceptional accomplishments in a range of fields by bringing together global industry leaders, innovators, and significant stakeholders.

Since its launch in 2013, the International Finance Awards have developed into a widely accepted standard for excellence, showcasing businesses that are leaders in their fields in terms of performance, innovation, and leadership.

Selection process 

International Finance Magazine’s Internal Evaluation Team conducts the first examination of the awards process, which is followed by a comprehensive assessment by an External Evaluation Agency.

Based on factors like prior performance, expansion, strategic accomplishments, creativity, communication techniques, and client endorsements, nominations are thoroughly evaluated.

Read also: Congo seeks Qatar’s expertise to accelerate digital transformation efforts

Wael Hanafy, Chief Financial Officer at Telecom Egypt, stated the team was “extremely proud to receive” the award.

“This recognition reflects the hard work and dedication of our entire Investor Relations team, whose efforts in maintaining high standards of transparency, accountability, and engagement with our stakeholders are instrumental to our continued success,” he stressed.

“At Telecom Egypt, we understand that clear and trustworthy communication is at the core of building strong, lasting relationships with investors. This award serves as an encouragement to further elevate our investor relations efforts and continue to meet the expectations of all our stakeholders.”