Cabinet approves, in principle, turning ASE into public shareholding company

By Petra - Jun 17,2015 - Last updated at Jun 17,2015

AMMAN — The Council of Ministers on Wednesday approved in principle changing the Amman Stock Exchange (ASE) into a public shareholding company.

The committee tasked with considering the change had studied the economic and technical benefits in light of ASE's current status and the challenges it is facing.

The committee also considered ASE's relations with its partners and the expected opportunities which can be realised from the change.

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