With little room for expansion in the public sector, Jordan will depend on the private sector to drive growth in the coming years. Key to this will be enabling businesses to access finance at affordable rates. Although the conventional banking sector is often criticised for not providing enough financing to small and medium-sized enterprises (SMEs...
THE COMPANY: Specialised Investment Compounds (SIC) was established in 1994 and is a publicly listed firm with JD25.8m ($36.25m) in paid-in capital. Since inception, SIC has spun off a number of public and private enterprises to undertake a wide range of projects, primarily in industrial and commercial...
Jordan has a triumvirate of institutions responsible for running and overseeing its capital markets, and is known regionally for the stability of its institutions, consistency of its policies and its ability to implement sound regulatory processes. The Amman Stock Exchange (ASE) runs the market and is in charge of ensuring an efficient and secure...
In an increasingly competitive environment, Jordanian banks are embracing the latest internet and communication services to attract customers, deliver innovative products, protect client data and comply with new regulations. According to industry figures presented at the 2012 IQPC Banking Technology Summit in Amman, the kingdom’s banking sector has...
THE COMPANY: Siniora Food Industries (SNRA) traded on the Amman Stock Exchange for the first time on January 29, 2012. The name Siniora, however, has been a recognised brand in Palestine and Jordan for almost a century, and has been synonymous with cold meat products. SNRA established its first food-...
THE COMPANY: Jordan Steel (JOST) was established in 1993, and has since grown to become the country’s largest steel producer, with 250,000 tonnes of capacity. JOST is a publicly listed company on the Amman Stock Exchange, with paid-in capital of JD35m ($49.18m). The company produces a variety of steel...
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