Search Site

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

Non-Jordan investors buy less, sell more at Amman bourse

The Amman Stock Exchange.
  • The value of shares that were bought by non-Jordanian investors during January 2022 was JD11.2 million ($15.8 million)
  • The value of shares sold by these non-Jordanian investors for the same period amounted to JD16.2 million ($22.85 million)

Non-Jordanian investors bought less and sold more at the Amman bourse in January this year, official sources have said.

The Amman Stock Exchange (ASE) revealed that the value of shares that were bought by non-Jordanian investors during January 2022 was JD11.2 million ($15.8 million).

This represented around 9.4 percent of the overall trading value.

The value of shares sold by these investors for the same period amounted to JD16.2 million ($22.85 million).

As a result, the net of non-Jordanian investments during January 2022 showed a negative value of JD5 million ($7.05 million).

Meanwhile, the net of non-Jordanian investments showed a negative value of JD1.7 million ($2.4 million) for the same period of 2021, statistics issued by the ASE indicated.

Arab investors purchases during January 2022 were JD10.4 million ($14.67 million), or 92.8 percent of the overall purchases by non-Jordanians.

The value of non-Arab purchases amounted to around JD800,000 ($1.13 million), constituting 7.2 percent of the overall purchases by non-Jordanians.

Arab investors sales amounted to JD11.2 million ($15.8 million), or 68.9 percent of non-Jordanians’ total sales.

The value of non-Arab sales amounted to JD5 million ($7.05 million), representing 31.1 percent of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed on the ASE by end of January 2022 represented 48.1 percent of the total market value: 33.8 percent for Arab investors, and 14.3 percent for non-Arab investors.