FitchRatings has affirmed Jordan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-‘ with a Stable Outlook.
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The Blogs
Jordan has won the direct election to become a member of the Intergovernmental Negotiating Committee to End Plastic Pollution, which is expected to produce an agreement by 2024, according to the Jordan News Agency, Petra.Secretary-General of the Ministry of Environment Mohammad Khashashneh was also chosen as the representative of the Asia-Pacific ...
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The Royal Hashemite Court has announced the engagement of His Royal Highness Crown Prince Al Hussein bin Abdullah II to Ms Rajwa Khaled bin Musaed bin Saif bin Abdulaziz Al Saif, on Wednesday, 17 August 2022, in the presence of Their Majesties King Abdullah II and Queen Rania Al ...
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Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters, following its earlier commitment announced at the Singapore Airshow. The freighters will upgrade Etihad’s freight capacity by deploying the most efficient cargo aircraft available in the market.This order of the A350F sees the national ...
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AAA Holding Group LTD is an aspiring brand founded by the leading companies in the crop nutrition industry. Diammonium Phosphate fertilizer, otherwise known as DAP, is the most popular type of fertilizer in the Eastern hemisphere. They had dominated this field for years, only to be contested by the ...
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Dechert LLP, a leading global law firm with 22 offices around the world, has successfully advised the Hashemite Kingdom of Jordan on the establishment of the Kingdom’s new Global Medium Term Note Program, which will increase the Kingdom’s flexibility and ability to access the international capital markets going forward, ...
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Konya Real Estate Development and Management has announced the completion of its first ever “Top Real Estate Agent” program. The five-day event took place at the Intercontinental Hotel, Amman, with the participation of 50 employees and trainees.The program is designed to equip participants with all the necessary skills to ...
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Global peacefulness has declined for the eleventh time in the last 14 years. This is according to the 2022 edition of the Global Peace Index released by The Institute for Economics and Peace.It ranks peace levels using 23 qualitative and quantitative indicators across 163 independent states and territories, ...
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The figures were cited in an economic report issued by the Saudi Chambers of Commerce and Industry during Saudi Crown Prince Mohammed bin Salman’s visit to JordanThe Federation of Saudi Chambers of Commerce and Industry has revealed that the volume of trade exchange between Saudi Arabia and Jordan amounted ...
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PIF would become a strategic investor with 23.97% stake in Capital Bank Group upon completion of the dealThe Public Investment Fund (“PIF” or the “Fund”) and Capital Bank Group (the “Group”), one of the largest banking groups in Jordan, Iraq and the MENA region, announced on 5 June, 2022 ...
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Deputising for His Majesty King Abdullah, His Royal Highness Crown Prince Al Hussein bin Abdullah II on Tuesday inaugurated The Ritz-Carlton hotel in Amman, a project with an investment value of JD300 million.Crown Prince Al Hussein toured the 20-storey hotel, which includes 228 guest rooms, built according to the ...
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The United Arab Emirates, the Arab Republic of Egypt and the Hashemite Kingdom of Jordan have announced an Industrial Partnership for Sustainable Economic Growth in Abu Dhabi to unlock new industrial opportunities and enhance sustainable economic growth in the three countries, across 5 sectors.The partnership is designed to ...
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Over the past few months, Flat6labs conducted a survey to gain more insight about Saudi startups, including early-stage funding, specifically pre-seed funding, as well as the overall challenges facing the entrepreneurship ecosystem in KSA.Startups Ecosystem in KSAFlat6labs gathered the responses of 100+ full-time startup founders in KSA, who shared ...
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Jordan's gross domestic product (GDP) at current prices grew by 3.5 percent, in 2021, compared to a drop in 2020 by 1.8%, according to report released on Saturday by Amman Chamber of Commerce (ACC).Based on the recovery of most economic sectors, the Kingdom's GDP last year stood at JD32.123bln, ...
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Sky News Arabia celebrates 10 years of shining a light on the complexities and ramifications of the various events and conflicts that have impacted the world over the past decade.Launched as a joint venture between International Media Investments and British Sky News, Sky News Arabia aired its first broadcast ...
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DAMAC Properties, a leading luxury real estate developer in Dubai, announced on April 27 that it would support the digital economy by enabling the conversion of cryptocurrency to fiat currency, as well as the selling of real estate to wealthy holders of Bitcoin and Ethereum.The decision was made in accordance with the DAMAC Group’s ...
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Business owners, entrepreneurs and investors from the Middle East set their sights on Limassol as a second business home location. Offering attractive business benefits and enabling access to the EU market, investors and business leaders from across the MENA region are investing in Limassol as a new business location. ...
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Saudi Arabia has amended its investment and real estate laws with the aim of boosting foreign investment in the Kingdom's properties.The amendments were introduced with the aim of improving regulations related to the ownership or use of real estate by non-Saudis who enjoy a natural and legal capacity, according ...
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Social Security Investment Fund (SSIF) CEO Kholoud Saqqaf announced that SSIF’s assets grew to reach JD12.7 billion at the end of the first quarter of 2022 compared to JD12.2 billion at the end of 2021.These assets are distributed over money market instruments that constitute 12.5% of SSIF’s total portfolio, ...
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Hyundai Motor Group’s Executive Chair, Euisun Chung, won the ‘Visionary of the Year’ award at the inaugural Newsweek World’s Greatest Auto Disruptors event.The World’s Greatest Auto Disruptors 2022 program has evolved from Newsweek America’s 50 Greatest Disruptors – a list of visionaries, innovators and pioneers – introduced in 2021. ...
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The World Bank expected a rise in the consumer price index (inflation) in Jordan to 3.3 percent for the current year, compared to 1.3 percent for the last year, with the inflation rate in Jordan returning to decline next year to 2.5 percent.The Bank expected that the economies of ...
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