Approval of the restructuring of the Amman Stock Exchange by converting it into a public joint stock company

Based on the decision of the Council of Ministers, and in order to keep pace with the current developments in the stock exchanges of the region and the world, and to meet the challenges of the investment environment at the local and global levels, the Board of Commissioners of Jordan Securities Commission decided to restructure the Amman Stock Exchange by turning it into a public joint stock company wholly owned by the government, and to consider the company resulting from the transformation of a general successor. to the Amman Stock Exchange and replace it with legal and administrative solutions in all its rights.
On the impact of this on the financial market and its advancement, Al-Hourani stressed that turning the stock exchange into a joint stock company aims to provide better opportunities for growth, especially when entering a strategic partner after the ASE's stocks offering to go public, pointing to the need to expedite the issuance of a law allowing financial services companies to trade in global markets and taking the necessary decisions and procedures to list some shares of government-owned companies in the financial market.