Jordan News Updates

Updates from Jordan!

Business & Finance

Business & Finance

The President of the Republic receives the Iraqi player who carried the Olympic torch in Paris

The President of the Republic, Abdul Latif Jamal Rashid, received today, Thursday, at the headquarters of the Iraqi embassy in Paris, the Iraqi athlete who carried the Olympic torch at the Paris Olympics, Shilan Shamal, and her family.

The Presidency…

Business & Finance

Industry ministry keen on providing industrial atmosphere to localise car industry

Egyptian Minister of Industry and Transport Kamel el-Wazir asserted the keenness of the government to provide suitable industrial atmosphere to localise and develop car industry and its feeding industries for their contribution in pumping real investm…

Business & Finance

Environment supports rather than hinders industry

Fouad made the remarks while chairing the 19th meeting of the Environment Protection Fund’s board to discuss enhancing the fund’s role in environment support and protection.

They reviewed decisions from the previous meeting, outlined upcoming priorit…

Business & Finance

Digital transformation in agro sector reviewed

Minister of Communications and Information Technology Amr Talaat and Minister of Agriculture and Land Reclamation Alaa Farouk during their meeting yesterday

Egypt’s Minister of Communications and Information Technology Amr Talaat, Minister of Agricul…

Business & Finance

Environment supports rather than hinders industry

Fouad made the remarks while chairing the 19th meeting of the Environment Protection Fund’s board to discuss enhancing the fund’s role in environment support and protection.

They reviewed decisions from the previous meeting, outlined upcoming priorit…

Business & Finance

GUPCO to drill 5 new wells to increase output 15,000 barrels per day

Cairo, The Gulf of Suez Petroleum Company (GUPCO) is planning to drill five new wells in North Safa and Al Wasl oil fields in the Gulf of Suez to develop oil reserves that exceed 100 million barrels and increase oil production to 15,000 barrels per da…

Business & Finance

Egypt and Saudi Arabia Strengthen Economic Cooperation

Rania A. Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with H.E. Faisal F. Alibrahim, Saudi Minister of Economy and Planning, at the G20 Development Ministerial Meeting in Rio de Janeiro, Brazil. The…

Business & Finance

Bahrain All Share Index marks 1,975.11 points

Manama, Bahrain All Share Index has closed at 1,975.11 points, marking a decrease of 3.15 points below the previous closing.

This decrease was due to the drop in the financial and industrial sectors.

Bahrain Islamic Index closed at 823.30 points, ma…

Business & Finance

Egyptian Gov’t Raises Fuel Prices

The Egyptian government raised Thursday prices of Octane 80 from EGP 11 to EGP 12.25; Octane 92 from EGP 12.5 to EGP 13.75; Octane 95 from EGP 13.5 to EGP 15.5; and Diesel from EGP 10 to EGP 11.5.

The government set the Kerosene price at EGP 11.5, an…

Business & Finance

Mazad partners with Kanoo Real Estate to expand auction industry in Bahrain

Manama, Mazad a local portfolio company of Bahrain Mumtalakat Holding Company “Mumtalakat”, announced its strategic partnership with Kanoo Real Estate, a subsidiary of the Yusuf bin Ahmed Kanoo Group, one of the region’s prominent and influential busi…