Capital Markets
From The Report: Jordan 2014
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After the turbulence of recent years, indicators are positive for Jordan’s capital markets. The Amman Stock Exchange (ASE) Free Float Index showed a 5% year-on-year increase in 2013, while the value of traded shares reached JD3bn ($4.2bn) in 2013, up from JD2bn ($2.82bn) in 2012. The ASE, with its total of 237 listed companies, reflects the diversity of Jordan’s economy. The recent coordination of the Jordan Securities Commission and the European Bank for Reconstruction and Development in drawing up a list of reforms is seen as a step towards increasing investor confidence and boosting foreign investment. The ASE has also taken other steps to increase foreign investment, most notably with the signing of a memorandum of understanding with the Cyprus Stock Exchange in 2012.

This chapter contains an interview with Tarik Awad, CEO, Capital Investments.