VOL. XXXIX

No. 49

2-September-1996

JORDAN

Jordan To Reform Stock Market By End-1996

The Director General of the 'Amman Financial Market (AFM), Mr. Umayya Tukan, has said that Jordan plans to issue by the end of 1996 a new securities law which will radically reform the stock market and help compete regionally for foreign funds. It will also aim at enhancing the efficiency, transparency and the overall performance of the stock market. The new law represents the first attempt to revamp...