Wednesday 30 July 2014
 
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Jordan

Jordan's Housing Bank reports 16pc rise in profit

Jordan's Housing Bank for Trade and Finance, the country's second largest lender, posted a 16.4 percent increase in first-half net profit to $86.2 million due to better utilisation of funding in core activities, it said in a statement on

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Jordan's Housing Bank reports 16pc rise in profit

Jordan's Housing Bank for Trade and Finance, the country's second largest lender, posted a 16.4 percent increase in first-half net profit to $86.2 million due to better utilisation of funding in core activities, it said in a statement on

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Jordan introduces sukuk rules

Regulators in Jordan have introduced a set of long-awaited rules for the issuance of sukuk, or Islamic bonds, paving the way for both the public and private sectors to tap into growing demand for Sharia-compliant investments. Jord

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Jordan shoots unidentified drone near Syria border

Jordan's air force shot down an unidentified drone near the north-eastern border with Syria on Friday, a government spokesman said, the first such event announced by authorities since Syria's crisis began

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Arab Bank reports 7pc rise in profit

Jordan-based Arab Bank on Wednesday reported first-half net profit up 7 percent year on year. Net profit after tax and provisions for the bank, which has operations across a number of Middle Eastern countries, was $414.9 million,

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Jordan in $40m water project loan deal with KfW

Jordan has signed a 30 million euros ($40.8 million) loan deal with the German Development Bank (KfW) recently for the Water Resources Management Programme in its third phase, said a report.   The third phase of

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Jordanian mall signs up Prime Cinemas

Abdali Mall Company (AMC) has signed up ‘Prime Cinemas’ as an anchor tenant at the mall in Amman.   It has leased 4,528 sq m area to the company to include 11 cinema screens in the Abdali Mall, said a

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Aegean Airlines launches flights to Amman

Greece-based Aegean Airlines has commenced flights to Jordan’s Queen Alia International Airport (QAIA).   Launched in co-operation with Petra Travel and Tourism Company, the inaugural flight arrived from At

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Horizon opens massive project in Jordan

Horizon Group, a property development and investment group operating in Jordan, Saudi Arabia and Lebanon, has announced the launch of its $5 billion mixed-use development Abdali, said a report. Covering 384,000 sq m of land area,

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Middle East Payment Services seals Miyahuna deal

Middle East Payment Services (MEPS), a leading, innovative payment services provider in the Levant region, said it has signed a merchant agreement with Jordan Water Company (Miyahuna). As per the deal, MEPS will install point-of-s

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