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00:00 "The reality is that the national economy has been affected in general, and the Amman Stock Exchange has been affected by geopolitical developments in the region and also around the world.
00:11 But this effect was limited to the stock exchange and the economy as well, despite the stability of the national economy and its ability to deal with these crises.
00:22 We have proven that our economy is able to overcome these challenges, and we have proven that our economy is able to overcome the crisis of COVID-19 and the Russian-Ukrainian crisis.
00:34 And we have proven that our economy is able to deal with and overcome the war-like conditions in Gaza in the last few years.
00:46 The Amman Stock Exchange closed at the end of 2023 at a 2.8% decline, which is a relative decline compared to the geopolitical implications on the region and the economy in general.
01:05 After the beginning of 2024, the stock market rose and exceeded 3% and then the real economy began to respond to the distribution season.
01:19 The stock market prices began to rise with the expectations of the distribution season, and then the distribution began to decline.
01:35 In 2023, the distribution of profits to the stock exchanges was the second highest net profit achieved by the stock exchanges in the Amman Stock Exchange.
01:50 In 2022, the stock exchange companies achieved a very high net profit of 2.46 billion dinars, which is an unprecedented figure in the history of these companies in achieving net profits.
02:08 In 2023, the stock exchange companies achieved a net profit of 1.9 billion dinars, which is the second highest net profit achieved by these companies.
02:28 How did this affect the distribution of profits for the stock exchanges?
02:32 The distribution of profits continues, and there are also large distributions for the stock exchanges.
02:41 In the distribution season, the distribution of profits was the second highest in the history of the Jordanian companies.
03:09 Let's talk about foreign investment.
03:11 Last week, we took the first place in the dividend seal of the Amman Stock Exchange in terms of the distribution of profits to the stock exchanges.
03:26 This is a real indicator of the first place in the dividend seal.
03:32 Let's talk about foreign investment. What is the current size of foreign investment in the market?
03:39 What are the liquidity ratios?
03:42 The last figure for the last month of April was 47.3% of the share of non-Jordanian investors in the Amman Stock Exchange.
04:01 This is one of the highest shares in the region in general.
04:12 The latest developments in the national economy include the introduction of a new law on the investment environment, the measures taken by the Ministry of Investment, the new law on the investment environment, and the services provided by the Ministry of Investment.
04:29 These measures motivate us to be optimistic and to have more confidence in the economy.
04:45 Is it possible to launch a new platform for investors? Are there companies ready to launch?
04:58 We are looking for new companies and companies ready to invest in the new investment environment.
05:15 We are looking for new companies and companies ready to invest in the new investment environment.
05:35 Is it possible to see a zero-interest rate for investment?
05:40 We as a stock market company have submitted suggestions to new companies to launch their investments in the stock market.
05:59 What is the latest development for the sustainable index?
06:06 The sustainable index relies on companies that are committed to reducing the sustainability.
06:12 As a step to help the establishment of the sustainable index, the big companies that I mentioned in the beginning with your channel,
06:25 we have said that the big companies are committed to releasing sustainable reports.
06:36 In fact, all the big companies have released 100% sustainable reports.
06:42 This is also a way to generalize this experience to other companies in the stock market.
06:48 We may start with the big companies in the stock market.
06:55 We are also working with international institutions to issue sustainable reports.
07:00 This will also strengthen the issue of issuing a sustainable index.
07:09 As I said, 20 big companies have issued these reports, which is a very important indicator to ensure that our companies are committed.
07:18 By the way, we have joined the Refinitiv Low Carbon Index, which was launched in partnership with the Arabian Financial Markets Union,
07:28 through a subsidiary company in the stock market.
07:32 This is a proof that we recognize that our companies are committed to the sustainable index.
07:45 Finally, what are your goals for 2024, in terms of foreign investment and the values and standards of the international exchange?
07:53 We will continue to implement our strategic plan and implement projects to see the economic renewal at the national economic level.
08:06 We will strengthen the digital transformation through the financial services and markets sectors.
08:15 We will also strengthen the cybersecurity sector in the stock market, which is a very important issue during this period.
08:26 We have also issued instructions to the stock market manufacturers to prepare the investment environment for the stock market.
08:41 When will we see the stock market?
08:45 This issue is not only related to the stock market, but also to other national financial institutions,
08:50 including short selling, lending and borrowing.
08:54 This issue will be addressed in the coming period.
09:00 We have also issued instructions to the national financial institutions to implement projects,
09:11 such as the electronic wallet, the distribution of profits, etc.
09:14 The Financial Records Authority is also working on the modification of the instructions in relation to the government.
09:22 In the coming months, all the information related to the stock market will be established and issued?
09:29 Yes, we have already established the financial records authority.
09:33 We have also issued a consultation paper to get feedback from the public, the financial institutions and the public.
09:49 Thank you very much.
09:52 Ashkurak. Shukrak.