Government sells entire share in Jordanian electric company

Jordanian officials said that the government sold yesterday its share of 8% in the Jordanian electric company to local investors.

They added that the sale of 1.64 million of the company's shares for 3.3 million dinars ($4.65 million) is a part of the government's initiative to sell its major shares in companies raised for circulation to the private sector.

The price of shares in the Jordanian electric company in Amman's stock market closed yesterday with a decrease of 0.02 dinars to 1.97 dinars.