Yearbook 2017
Future Outlook
In the year 2016, the ASE reviewed strategic plan for the years (2016-2018) based on what was achieved during the year 2016. Some projects were modified and another was added in the 2017 operational plan in order to make the plan more effective. The modified plan included a number of strategic goals, initiatives and projects that aiming to preserve the accomplishments that achieved so far, develop the work at the ASE in its all aspects and achieve the ASE vision and mission.
Accordingly, the modified strategic plan for the years 2018-2020 includes several objectives:
•Enhancing the investment environment in the stock exchange and increasing the interest in it.
•Developing the technical environment in the stock exchange.
•Developing the work in the stock exchange and achieving institutional excellence.
It also included a number of important projects, including:
•The establishment of a securities information center.
•The implementation of training and advisory programs for issuers of securities.
•The implementation of a new electronic trading system.
•The implementation of an electronic disclosure system using XBRL for listed companies and brokerage companies.
•The preparation of a sustainability report for the stock exchange.
• The preparation of corporate governance report.
NEWS: -H.E Dr. Jawad Al Anani, has been elected as a Chairman of the Board of Directors of the Amman Stock Exchange (ASE) on Wednesday, August 16th, 2017
-The CEO of the ASE, Mr. Nader Azar, said that On February 20th 2017, the ASE has been registered at the Companies Control Department as a public shareholding company completely owned by the government under the name "The Amman Stock Exchange Company”, with a paid-in capital of JD (4,774,552).
-On March 5th, 2017, the ASE has launched its accounts on social media "Facebook and Twitter" under the name "Amman Stock Exchange" or "ASE”.
-The CEO of the ASE Mr. Nader Azar said that "as part of the ASE's policy to continue its efforts to have a financial market in line with the best international practices; the ASE has issued two brochures on "Sustainability"
-According to the provisions of Article (29) of the Listing Directives for the year 2016; The Third Market was cancelled on 16th of April 2017.
-The ASE launched new application "ASE NEWS" on Wednesday December 27th 2017, on the smart devices that use IOS and Android operating systems.
EVENTS: -On March 9th 2017, ASE hosted the Third Annual Celebration of the Gender Equality Initiative in Jordan "2017 Ringing Bell for Gender Equality Stock Exchange Initiative" which was organized by the ASE in cooperation with the International Finance Corporation (IFC).
-ASE has participated at the Arab Federation of Exchanges (AFE) Board Meeting, the General Assembly meeting in its Forty two session, and the AFE Executive committee meeting, which was held in Beirut, Lebanon in the period between 25 until 27 of April 2017.
-ASE has participated in the study tour which was organized by Japan International Cooperation Agency (JICA) concerning the establishment of credit rating agency in Jordan the study tour was held in Tokyo, Japan, in the period between August 6th–11th, 2017.
-ASE has participated in the annual meeting of FEAS, which was held in Yerevan, Armenia, from 1-3 November 2017. During the meeting, members of FEAS agreed on the establishment of an Audit Committee, chaired by the ASE.
-Under the patronage of HE. Dr. Jawad Anani the chairman of ASE ,the Afaq Group Media, Exhibition an has Organized the 12th Jordan Financial and Investment
Conference & Exhibition entitled Conference & Exhibition of Money and Investment Cryptocurrencies & Bitcoin, which was held in Le Meridien Amman Hotel, in the period between October 17th-18th , 2017.
MEMORANDUM OF UNDERSTANDING:
-The ASE and the Middle East Investor Relations Association (MEIRA) signed a MoU on April, 26 2017 during the Arab Federation of Exchange Conference, which took place in Beirut, Lebanon. Alex MacDonald-Vitale, MEIRA Chairman, and Nader Azar, CEO of ASE, signed the agreement to pave the way for future collaboration.
-The ASE and Sustainability Excellence have signed a MoU to promote sustainability in the Jordanian capital market and among the listed companies
-The ASE and the Egyptian Exchange signed a MoU for a Joint Cooperation on the sidelines of the meetings of the Jordanian-Egyptian Higher Committee in the period between July 24th–27th, 2017.
Recent Market Developments and Future
Outlook of Amman Stock Exchange
Go back to Amman Stock Exchange's Page.
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