Khaberni - The number of companies that raised their capital during the first ten months of the current year increased by 66%, compared to the same period last year, according to official data from the Companies Control Department.
According to data monitored by "Al-Ghad", the number of companies that raised their capital by the end of October reached 1,415 companies, compared to 850 companies for the same period last year. Official figures show that the value of the capital increases in these companies also rose by 147% to reach 1.091 billion dinars, compared to 441 million dinars for the same period last year.
In turn, the Controller of Companies, Dr. Wael Al-Armouti, said, "The noticeable increase in the number of companies that raised their capital reflects a state of expansion and activity in the business environment during the current year, in addition to increased confidence in the national economy."
Al-Armouti explained that these increases are a result of the improvement in macroeconomic indicators and the clarity of government policies supporting the investment environment, especially in terms of simplifying procedures and stimulating productive projects, which come as part of the executive program of the economic modernization vision. Al-Armouti pointed out that many companies raised their capital with the aim of expanding their activities within the local market or moving towards export, given the strategic geographical location of the Kingdom as a launch center for reconstruction projects in the region.
Al-Armouti also noted that the Companies Control Department continues to work on developing its electronic services and simplifying registration and capital increase procedures, which contributed to accelerating the completion of transactions and encouraging companies to restructure their capital in line with their future plans.
He indicated that these positive indicators clearly signify the resilience of the Jordanian private sector and its ability to adapt to economic changes, in addition to the improvement in the investment climate and the stability of economic legislations.
