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...
Amid rising debt and reduced growth, the government is working to balance measures to boost revenue and stimulate the economy with efforts to reduce public spending. In a delicate political climate, the government is undertaking a review of fiscal legislation in an attempt to carefully rebalance, rather than completely overhaul, key taxation and...
THE COMPANY: Jordan Express Tourist Transport (JETT) is a publicly listed company with JD10.8m ($15.18m) in paid-in capital that provides passenger and tourist transport services. JETT transports passengers between Jordan’s main cities and from Jordan to Syria, Lebanon, Iraq, Egypt, Saudi Arabia, Qatar,...
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