Under the patronage of the Amman Stock Exchange for the ninth time in a row, the Chartered Financial Institute (CFA Institute) and the Jordanian Financial Analysts Association (CFA Jordan Society) launched the Challenge Initiative for Research Challenge in Jordan. Mr. Mazen Wathaifi the CEO of the ASE participated in the Panel of Judges, Teams from FIVE local leading Jordanian universities competed with a chance to participate at the regional and global levels.
This challenge is an original initiative devised to teach university students in Jordan the best practices in equity research, valuation, and ethics. and as a means for leading industry professionals to train students in researching and reporting on public companies. Istishari Hospital was selected as the subject company for the challenge. The Jordanian CFA Institute chose the Jordan Phosphate Company to be the research topic for the Local Challenge competition for the year, in which the five participating universities were; the University of Jordan, Yarmouk University, Princess Sumaya University for Technology, the Hashemite University and Al-Bayt University participated. The University of Jordan won the first place and Princess Sumaya University for Technology the second place, as the winner teams will participate in the Regional Challenge.
