BANKING

Labour minister meets World Bank specialist [Show Video]February 7, 2016

Labour Minister Nidal Katamin discussed with World Bank Emergency Services and Social Resilience Project Director Siam Kanaan and her team, means to expand the project to provide job opportunities in the infrastructure field in a number of areas.

The minister was briefed by the team's leader on the objective of the project that aims to help Jordanian municipalities and host communities to address the immediate service delivery impacts"...

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EIB willing to invest in Jordan’s resilience [Show Video]February 6, 2016


President of the European Investment Bank (EIB) Werner Hoyer on Thursday said the bank will respond to what Jordan identifies as its economic needs and priorities as part of its long-term plan for the Kingdom.


In an e-mail interview with The Jordan Times, Hoyer said the EU bank has been working closely with the Jordanian authorities on several strategic"...

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Luxury Card Launches Three State-of-the-Art Metal Cards with Extraordinary Benefits, Powered by MasterCard [Show Video]February 3, 2016

Luxury CardTM has launched three new metal credit card products with patented designs and construction: the top-tier MasterCard® Gold CardTM, the mid-level MasterCard® Black CardTM and the base-level MasterCard® Titanium CardTM.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160203005422/en/

Luxury"...

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Bank of America Reports Q4-15 Net Income of $3.3B, EPS of $0.28 [Show Video]January 27, 2016

Bank of America (NYSE: BAC):

To view the full report and tables please click here.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation.

View this news release online at:

http://www.businesswire.com/news/home/20160119005701/en

...

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After sanctions lifted, Iran to be hooked up to global banks within weeks [Show Video]January 23, 2016

Iran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian counterparts using global transaction network SWIFT, Iran’s Middle East Bank and a senior central bank official said Friday.


A nuclear deal between world powers and Iran led to the removal of the curbs on Tehran’s banking, insurance and shipping sectors"...

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Mobile wallet to bring financial services to the unbanked — CBJ [Show Video]January 20, 2016

The use of mobile devices as a tool for making money transfers, cashing out money from ATMs and even paying for bills and services is expected to increase greatly in the near future, officials and experts said Tuesday. “The entire ecosystem in Jordan for using mobile wallets is now complete and these services will help reach unbanked Jordanians,” Maha Bahou, executive manager of the Domestic Payments and Banking Operations Department at the Central Bank of Jordan (CBJ), said at a press conference to launch Umniah’s "Mahfazti” mobile wallet for financial services. In Jordan,...

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NYIF Partners With Exchange Experts to Advise Emerging and Frontier Markets [Show Video]January 19, 2016

The New York Institute of Finance announced today that it is partnering with the Global Markets Advisory Group to offer comprehensive consulting services to financial regulators, exchange operators and market participants in emerging and frontier markets.


GMAG, a consortium of former senior exchange and finance executives from the New York Stock Exchange, the Depository"...

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QNB Group: Financial Results for the Year Ended 31 December 2015 [Show Video]January 13, 2016

QNB Group, a leading bank in the Middle East and Africa, continued to record robust growth in profitability, with Net Profit for 2015 amounting to QR11.3 billion (USD3.1 billion), up by 7.7% compared to 2014.


Based on the strong financial results for 2015 and consistent with QNB Group’s aim of"...

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Chinese banks finance major energy project in Jordan [Show Video]January 12, 2016

Chinese banks on Monday signed agreements with a Jordanian electricity firm to provide 1.6 billion U.S. dollars as a loan to finance an oil shale project in Jordan, according to a statement from a Chinese signatory.


The Bank of China, along with the Industrial and Commercial Bank of China (ICBC) will provide the loan to the project, which is owned by Estonian and Malaysian"...

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