QNB Group Seeks Shareholder Approval to Increase Non-Qatari Share Ownership Limit To 49%March 12, 2018

QNB Group intends to recommend to the Extraordinary General Assembly of the Bank, to approve increasing the percentage of non-Qatari ownership in the Company’s capital to 49% instead of 25% in accordance with the applicable provisions of Law No. 9 of 2014 regulating the Investment of Non-Qatari Capital in the Economic Activity and subject to approval of the concerned regulators.

An Extraordinary General"...

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The CBJ, Gates Foundation launch empowerment initiative March 1, 2018

The Central Bank of Jordan (CBJ) on Wednesday signed an agreement with Bill & Melinda Gates Foundation to launch Mobile Money for Resilience (MM4R), a multifaceted grant initiative focused on financially empowering vulnerable groups such as low income Jordanians and refugees.

As the first initiative of its kind in the Middle East, MM4R will provide access to more advanced digital financial services, such as payment transfers, savings and credit.

Launched with a US$3 million contribution from"...

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World Bank Group and GSMA Announce Partnership to Leverage IoT Big Data for DevelopmentFebruary 28, 2018

(AETOS Wire) -- World Bank Group President Jim Yong Kim announced today that the institution would partner with the GSMA and mobile network operators around the globe to harness big data from the Internet of Things (IoT) to help end extreme poverty and unlock new drivers of economic growth.

The initiative, announced at the GSMA Mobile World Congress 2018 in Barcelona, will unlock new insights from anonymized"...

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