Media In / Amman 26 May 2018 Jordan and the Russian Federation signed an agreement to “enable” the two sides to carry out a joint feasibility study to build a Russian nuclear reactor of the type of compact reactors integrated into the Kingdom. The Jordanian Atomic Energy Agency said in …
Read More »Jordan is the fourth Arab and 52 internationally among the most competitive economies in the world
Media In / Agencies / Amman 24 May 2018 The World Competitiveness Yearbook published by the International Center for Management Development (IMD) of the International Institute for Management Development (IMD) in the Swiss city of Lausanne showed progress in ranking Jordan by four to fifty-second and fourth in the region. …
Read More »Maersk and Total stop their work in Iran
Media IN 17 \ 05 \ 2018 Denmark’s Maersk Tankers said on Thursday it would suspend its activities in Iran after the United States decided to withdraw from Iran’s nuclear deal and re-impose sanctions on Tehran. The company said it would abide by the agreements, which came into effect before …
Read More »Oil prices at $ 80 for the first time since 2014
Media IN 17 \ 05 \ 2018 Oil prices jumped to $ 80 a barrel on Thursday for the first time since November 2014 on fears that Iranian exports would shrink as supplies in a market already narrowed. At 9:55 GMT, Brent crude futures were up 57 cents at $ …
Read More »An agreement for development cooperation between the governments of Jordan and Italy
Media In / Agencies / Amman, May 13, 2018 The Jordanian government and its Italian counterpart today signed a framework agreement for development cooperation, including the establishment of a three-year aid program in which sectoral priorities, programs and projects are set. Jordan’s Minister of Planning and International Cooperation, Emad Fakhouri, …
Read More »The largest Russian banks launch an Islamic banking program
Media IN 12/05/2018 Spearbank, the largest bank in Russia, is launching its pilot project to provide Islamic banking services that are in accordance with Islamic Shari’a principles, according to Bhnam Ghorban Zadi, Advisor to the Bank’s Vice Chairman. On the sidelines of the economic summit, Zadi said, “The services of …
Read More »The OFID Fund is lending the Kingdom of Belize $ 40 million
Media IN \ Agencies \ 11 \ 2018 The OPEC Fund for International Development (OFID) has announced a $ 40 million loan to the Central American country of Belize to support the road rehabilitation project as part of OFID’s interest in supporting the government’s development priorities. The Loan Agreement was …
Read More »China’s producer price index rose 3.4% in April .
Media IN 2018\05\11 China’s PPI rose 3.4 percent in April on a year-on-year basis, according to the National Bureau of Statistics (NBS). The index, which measures the cost of producing goods at the factory threshold, was up from March’s 3.1 percent, driven by higher manufacturing prices in the mining …
Read More »Nikkei up 0.33% in early trade
Media IN 10/05/2018 The benchmark Nikkei average rose at the start of trading on the Tokyo Stock Exchange on Thursday. The Nikkei <.N225> was up 0.33 percent at 22,482.51. The broader TOPIX index <.TOPX> was up 0.24 percent at 1,777.22.
Read More »Oil rises after Washington announces its abandonment of the Iran agreement
Media IN 09/05/2018 Oil prices jumped more than 2 percent on Wednesday to hit a three-and-a-half-year high after US President Donald Trump abandoned a nuclear deal with Iran and declared the highest level of sanctions on the oil-producing country. Brent crude futures hit their highest level since November 2014 at …
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