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‘Abu-Ghazaleh Global’ and Amman Stock Exchange Sign Cooperation Agreement

22-Jan-2023 | Source : AG-IP-News Agency | Visits : 2116
‘Abu-Ghazaleh Global’ and Amman Stock Exchange Sign Cooperation Agreement

Special to AG-IP-News Agency 

AMMAN – Talal Abu-Ghazaleh & Co. Consulting (TAG-Consult), a member of Talal Abu-Ghazaleh Global (TAG.Global), has signed an agreement with the Amman Stock Exchange (ASE) to cooperate in the field of consulting services. 
The agreement, signed by HE Dr. Talal Abu-Ghazaleh founder and chairman of TAG.Global, and the CEO of the Amman Stock Exchange, Mr. Mazen Wathaifi, aims at providing consulting services to the Amman Stock Exchange in the field of designing and implementing the Quality Management System (ISO 9001) at its various departments and organizational units.

Commenting on this event, Dr. Abu-Ghazaleh expressed his pride in the long-standing cooperation with the Amman Stock Exchange, during which numerous projects have been implemented. He said that this additional step indicates ASE’s commitment to develop its work and activities. 

Dr. Abu-Ghazaleh also emphasized the importance of ASE as the ‘oversight entity’ of this type of important investment, which contributes to redirecting domestic and foreign investment resources toward investments in economic activities in accordance with the highest international standards, disclosure and transparency practices; praising the expertise of ASE professionals, which effectively played an important role in cooperating with the TAG.Global’s consulting teams.

For his part, Mr. Wathaifi expressed his pride in cooperating with TAG.Global, and highly commanded the Organization’s efforts in providing the ASE with the best services including consulting, designing and implementing quality management systems, and e-archiving services. 

He further referred to the ongoing development processes at the Amman Stock Exchange, highlighting in particular the continued digital transformation process and the usage of phone applications to stay up to date with stock market trading. That is in addition to committing the AS20: the 20 listed companies that are most active and reliable according to their highest trade dealing; and are the leading companies in the ASE, (ASE20 Index), to establish a special investor relations unit and submit sustainability reports for 2023.

Mr. Wathaifi also noted that the ASE carried out several projects in recent years to improve the legislative and technical frameworks of the investment climate in the Kingdom, and enhances the competitiveness of listed companies, which contributes to the development of the national economy and attracts more investment.

It is worth mentioning that Talal Abu-Ghazaleh Global (TAG.Global) has successfully implemented several quality management systems based on ISO 9001 in many public and private sector projects, and it is also a member of the ISO Technical Committee 176 (ISO/TC 176). 


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