Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that AIX and Amman Stock Exchange (“ASE”) have signed a Memorandum of Understanding (MoU) to strengthen their relationship and set up a mechanism for cooperation and communication.
The parties agreed to exchange information about capital markets, covering market infrastructure, listing and trading procedures, as well as regulatory frameworks, with the aim of identifying areas for mutually beneficial cooperation.
Assel, Mukazhanova, AIX CEO, noted:
Collaboration with capital markets across the MENA Region fits well with AIFC and AIX development strategy. We already operate live cross-exchange trading with Abu Dhabi Securities Exchange via Tabadul Digital Hub, and have established a direct CSD link with Nasdaq Dubai. Trading with Muscat Stock Exchange is also set to be launched shortly. Collectively, these projects and initiatives with our MENA peers create new investment opportunities for investors and issuers on all sides.
Mazen Wathaifi, Amman Stock Exchange CEO, added:
This MOU marks an important milestone in strengthening the ties between the Amman Stock Exchange and the Astana International Exchange. By sharing expertise, fostering innovation, and creating new opportunities for cross-border investment, we are paving the way for deeper integration of our markets. This collaboration will strengthen the efficiency and competitiveness of our exchanges while also supporting the development and resilience of regional capital markets as a whole.
Reference:
AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. www.aix.kz
The Astana International Financial Centre (AIFC) is an independent jurisdiction that started (AIFC) is an independent jurisdiction with a favourable legal and regulatory environment and a developed infrastructure for starting and doing business, attracting investment, creating jobs and developing Kazakhstan’s economy. https://aifc.kz/