Media In/ Amman December 5, 2018 The monthly bulletin of the real estate trade issued by the Jordanian Land and Survey Department confirmed the decrease in the volume of trading in the real estate market by 14 percent and trading 4 billion 815 million dinars for the end of November …
Read More »$ 745 million US grant for cash support to the Jordanian Treasury
Media In / Amman December 5, 2018 The Government of Jordan and the United States of America signed the US $ 745.1 million Direct Cash Support Agreement for the Treasury, which is part of USAID’s 2018 US Economic Assistance Program. The Jordanian Ministry of Planning confirmed that the grant will …
Read More »An agreement between ADNOC Logistics and Services and INPEX to cooperate in supplying ships with liquefied natural gas (LNG) fuel
Media In Abu Dhabi, 5 December 2018, ADNOC Logistics and Services Company (INPEX) today signed a framework agreement to discuss ways of joint cooperation in the supply of liquefied natural gas (LNG) ships in the UAE. Under the agreement, ADNOC Logistics and Services, the wholly-owned subsidiary of Abu Dhabi National …
Read More »Oil prices fall on global growth fears
Media In \ Agencies 5-12-2018 Oil prices fell markedly by oversupply of US supplies and a decline in equity markets as the Chinese government warned against the growing adverse effects of the economy and expectations that Japan would post another quarterly contraction of GDP Brent crude for the year was …
Read More »Export Credit Union” and “Natixis” reinforce the UAE’s non-oil economic diversification strategy
Media In Dubai, 5 December 2018, The Union of Export Credit, the federal government’s national export credit agency, has signed a memorandum of understanding with French bank Natixis, the second largest banking group in France, to enhance the ability of UAE exporters to compete internationally and help companies expand their …
Read More »Falling Gold Prices We adhered to the rise of the dollar
Media In / Agencies -5-12-2018 Gold prices fell, dropping from their peak in more than five weeks recorded during the previous session as the dollar rose. The spot price of gold fell 0.2 percent to $ 1235.31 an ounce, after hitting its highest since October 26 at $ 1241.86 an …
Read More »Trade and economic concerns down Wall Street 3%
Media IN-5-12-2018 The Wall Street fell more than 3 percent, led by losses in banking and industrial stocks, as the US bond market sent worrisome signs of economic growth and renewed investor fears about global trade. The Dow Jones industrial average <.DJI> was down 784.99 points, or 3.04 percent, at …
Read More »Central Bank plans to issue a plastic currency by 2020
Media In Cairo, 3-12-2018 Governor of the Central Bank of Egypt, Tarek Amer said that the new plastic currency in which the bank intends to release the market by 2020 will be made of polymer, and the old times equivalent to the age of the current paper-based currencies. He explained, …
Read More »nternational Report: B +) Credit Rating of Jordan
Media In Amman 4 December 2018 Jordan’s Finance Minister Ezzeddine Kanakariya confirmed that the latest report by S & P International affirmed Jordan’s credit rating at B + and gave the Jordanian economy a stable outlook in the light of the government’s ability to maintain the stability of the level …
Read More »Etisalat and HC Hutchison complete merger of their mobile companies in Sri Lanka
Media In Abu Dhabi 4 December 2018 Emirates Telecommunications Group has announced that it has completed and the “HC Hutchison” group merged their mobile phone company in Sri Lanka. The group said in a statement posted on the Abu Dhabi Securities Exchange (ADX) that Etisalat Telecom and Hutchison Telecom Lanka …
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