Tag: ASE

index

ASE Edges Up Despite Financial Index Drag

By Zain Majali The General Index appreciated by 0.19 percent during the period to close at 2,100 points. However, it remains 3.24 percent lower compared to its close of last year, and 2.22 percent lower compared to its levels during…

Jordan's new exchange

Jordan Looks to Reinvigorate Trading With a New Exchange

Jordan has launched a new over-the-counter (OTC) exchange as part of a series of initiatives to boost the competitiveness of the Kingdom’s capital markets. Jordan’s new OTC exchange is a by-product of two sets of regulations enacted earlier this year—the…

Hotel Electricity Rate Cut: A Misguided Move

The decision to slash electricity rates for hotels won’t do anything to solve the crisis in Jordan’s tourism sector. By Jawad J. Abbassi Jordan’s tourism sector plays an important role in the Kingdom’s economy. According to the Ministry of Tourism…

Failing Health

Public hospitals desperately need a dose of competition to boost standards and efficiency. I witnessed a terminally ill cancer patient being admitted to a top-rated private hospital in Amman. The room was sparkling clean and the nursing staff fully attentive,…

Amman Stock Exchange: Boom to Bust

The madness of Jordan’s stock market gold rush is the focus of a new book by the celebrated economic journalist, Yousef Damra. By Sadad Talhouni The spectacular rise and fall of the Amman Stock Exchange is a fast-fading memory for…