On Monday, President of the Aqaba Special Economic Zone Authority (ASEZA), Nayef Bakhit, met with the Chinese Ambassador to Jordan, Chen Chuandong, to discuss the prospects of boosting Chinese investments in Aqaba and attracting more capital to the coastal city. During the meeting, Bakhit highlighted investment opportunities and incentives available ...
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One of the leading Chinese consumer groups has accused KFC China of encouraging food waste and called for a boycott of the meal promotion, as reported by the BBC. Accrodfing to the state-affiliated China Consumers Association (CCA), the promotion has KFC customers overspending for the toys included in the promotion. ...
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On Monday, the winners of the Huawei Middle East ICT Competition 2021 were announced and a Jordanian team came in third place. According to Huawei's statement, Zaid Jarrar, Mais-alreem Al Hawamde and Yazan Yacoub, had not only won third place but also the ‘Excellent Academy’ award. Additionally, Njad Amin Abed ...
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In an effort to understand the global economy, which is worth a total of USD94 trillion, the Business Reel is diving into the Visual Capitalist's "Global GDP 2021" infographic based on numbers and estimates provided by the International Monetary Fund (IMF). According to the chart, only four countries make up ...
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On Thursday, the US dollar (USD) stood at its highest for the year 2021 against the sterling pound (GBP) and euro (EUR), after the hottest US inflation reading. The Euro dropped one percent to USD1.1476, which is the lowest it has reached since July 2020. Additionally, the Sterling Pound dropped ...
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Jordan’s pavilion at the Gulfood 2021 Exhibition in Dubai witnessed a remarkable turnout, according to the Chairman of the Jordanian Exporters Association, Ahmed Khudari. Khudari said event attendees showed interest in exploring Jordanian products and, as a result, many local companies managed to gain access to new export markets ...
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TitTok's Success and China's Richest Founder of ByteDance, operator of TikTok, came second on China’s Richest for the year 2021. Zhang Yiming’s personal fortune more than doubled to reach a whopping USD 59.4 billion. This comes as no surprise after the social media giant celebrated one billion users back in August.  The unlisted company’s estimated value ...
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