Riyadh Development launches IR page in tie-up with Argaam

Logos of Argaam Financial Portal and Riyadh Development Co.

Riyadh Development Company (ARDCO) has recently launched its investor relations (IR) service in cooperation with Argaam Investment.

This service allows investors to view the company’s financial statements and highlights, its periodical reports, press releases, presentations and business updates.

Argaam develops the IR page on ARDCO’s website.

Jehad Alkadi, CEO of Riyadh Development, underlined the importance of this step, as it builds on the company’s efforts to enhance the levels of governance and transparency and boost investor confidence that focuses on an effective investor relations management to fulfill their needs. Investors will have easy and quick access to the company’s financial statements and results using Argaam’s technology.

Through the new IR service, Riyadh Development seeks to provide various financial ratios to meet investor expectations in combination with the state-of-the-art analysis tools and technologies deployed by Argaam to drive insightful investment decisions. It also seeks to publish its news, the latest updates on projects along with other announcements in line with the disclosures it provides on the Saudi Exchange (Tadawul), Alkadi stressed.