VOL. XLII
No. 34
23-August-1999
JORDAN
Jordan Pushes Privatization With Sale Of JEPCO And CAB Shares
The Jordan Investment Corporation (JIC) the investment armof the Jordanian government showed signs in early August that it is seriousabout divesting its assets with the sale of some of its shares in JordanElectric Power Company (JEPCO) and in Cairo 'Amman Bank (CAB). The sale boostedtrading volumes on the 'Amman Stock Exchange (ASE) and gave investors glimmersof hope that Jordans painfully...
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