The Amman Stock Exchange (ASE), represented by the CEO Mazen Wathaifi, participated in the activities of the twenty-fifth economic conference, which was held under the patronage of the Minister of Industry and Trade and supply under the title “Framing the Economic Sectors and Empowering them in the Economic Modernization Vision,” which was held at Yarmouk University - Irbid, on Monday, 05/20/ 2024. In the presence of a number of experts to talk about key topics in the economic modernization vision and the role of the private sector, financial services and investment in enhancing growth opportunities, empowering the economy, promoting innovation, confronting challenges, empowering women and financial inclusion.
Wathaifi participated in the dialogue session, about “The Role of the Financial Markets and Services Sector in the Economic Modernization Vision,” highlighting the importance of this sector as it has a strong capital and financing capacity in addition to its connection with all sectors of the economy. It also has modern legislation, qualified stuff, and the ability to keep pace with technological development and digital transformation, which enables it to contribute significantly to enhancing efforts, advancing the national economy, raising growth rates, and providing new jobs and a better life.
Wathaifi pointed out that the ASE is working to implement the economic modernization vision through initiatives focused on enhancing the competitiveness and depth of the capital market sector, the most prominent of which is offering new financial instruments in the market to increase the market and listed companies competitiveness, applying international standards, enhancing the process of digital transformation, stimulating institutional investment, and raising the level of awareness and financial culture. In addition to providing new sources of financing and developing regulatory, technical and legislative frameworks in the market.
He also pointed out the most important things that have been implemented by the ASE in recent years in terms of enhancing the process of digital transformation and updating the technical and legislative frameworks in accordance with the latest international standards and practices, and the latest steps in the field of enhancing practices related to sustainability.
