Taking Stock
The Chairman of the Amman Stock Exchange (ASE) is quietly confident that 2018 will be a good year for the beleaguered bourse. According to ASE data, trading value increased by 25.6 percent in 2017, reaching JD2.9 billion but the number…
Tag: Amman Stock Exchange
Canada’s PotashCorp Looks to Sell Stake in Jordan’s APC
Canadian PotashCorp is looking for a buyer of its shares in Arab Potash Company (APC), which it is forced to sell as part of a merger agreement, said the company’s President and CEO Brent Heimann. Last year, Potash Corp and…
Jordan Strategy Forum: Working for Business
Five years since its creation, the Jordan Strategy Forum (JSF) is still advocating hard for Jordan’s business community. By Dina Al-Wakeel Established in the wake of the Arab Spring, the Jordan Strategy Forum helps the private sector engage in dialogue…
OFFTEC: Business Solutions for an Evolving World
Despite an ever-changing business landscape, OFFTEC Holding Group CEO Basim Said says the company has continually managed to adapt to the needs of its multi-sector clients. Offering everything from office furniture to software and security solutions in Jordan and the region,…
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…
Banking on Success
The Housing Bank for Trade and Finance is building on its solid reputation to expand its retail and corporate business. Jordan’s banks are known for their resilience. The sector has been one of the main pillars that support the economy…
Sukuk Market Set for Lift-Off
With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…
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…