Amman: Minister of Investment Muthanna Gharaibeh discussed the role of the Amman Stock Exchange (ASE) in supporting the national economy and driving growth. In his statement, Gharaibeh emphasized the importance of improving the investment environment through the ASE to achieve the goals outlined in the Economic Modernisation Vision.
According to Jordan News Agency, Gharaibeh's comments came during his visit to the ASE, where he attended the first meeting of its new board of directors, chaired by Ghassan Oumt. During this meeting, Gharaibeh called for a clear development plan to be implemented by the stock exchange and relevant stakeholders to stimulate investment and enhance financial market activity.
The minister reaffirmed the government's commitment to supporting the sector by removing obstacles and providing necessary resources. He highlighted the ASE's role in providing liquidity and financing for public and private sector projects, particularly large-scale ones, and stressed that boosting investment remains a national priority.
Ghassan Oumt, the new chair of the board, stated that the ASE is set to focus on projects and initiatives in collaboration with national capital market authorities. Meanwhile, ASE CEO Mazen Wazifi presented ongoing projects and plans aimed at enhancing the technical and legislative frameworks of the exchange, which align with international standards to strengthen the investment climate and attract more investments.