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Best’s Market Segment Report: Lebanese Insurance Market Faces Mounting UncertaintyMarch 12, 2020

Lebanon has a long history of economic and political instability. In the past, local insurers have been successful at navigating this challenging environment. However, recent civil unrest and a ballooning public debt have increased the level of economic uncertainty, which is negatively impacting the credit quality of Lebanon’s insurance market.

In a new Best’s Special Report, “Lebanese Insurance Market Faces Mounting Uncertainty”,"...

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The LEGO Group and Nintendo partner to take legendary brick-building to a new levelMarch 12, 2020

The LEGO Group announced a partnership with Nintendo that will change the way people interact with Super Mario in the physical world and engage in LEGO® experiences.

Both companies share a passion for innovation and play and their collaboration has led to a reimagination of the LEGO building experience, enabling an entirely new way to play inspired by the beloved video game icon, Super Mario.


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U.S. FDA grants Fast Track designation to empagliflozin for the treatment of chronic kidney diseaseMarch 12, 2020

The U.S. Food and Drug Administration (FDA) has granted Fast Track designation for the investigation of empagliflozin to reduce the risk of kidney disease progression and cardiovascular death in adults with chronic kidney disease, Boehringer Ingelheim and Eli Lilly and Company (NYSE: LLY) announced. The designation was granted for the clinical investigation of empagliflozin in adults with chronic kidney disease. This Fast Track designation for empagliflozin underscores the urgent need for new treatment options for people"...

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Karak bus drivers take U-turn on commission directives to use new complexMarch 12, 2020

AMMAN — Karak’s new bus complex, located 10 kilometres from the city centre, has continued to drive a wedge between the local community and the Land Transport Regulatory Commission (LTRC), even five years after the project's completion.

“The new complex is empty again,” Director of Inter-Governorate Routes in Karak Salem Al Nawaisah told The Jordan Times on Wednesday over the phone.


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Photographs, handicrafts draw focus to success stories of women in JordanMarch 12, 2020

AMMAN — In celebration of International Women’s Day, the International Rescue Committee (IRC) on Tuesday held high-level panel on gender analysis and programming in Jordan and a theatre shadow show highlighting gender-based violence in its various settings and forms.

The celebrations also included presentations by Jordanian and Syrian women beneficiaries of IRC’s Women Protection and Empowerment Programme, where they recounted"...

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Saudi invitation to Jordan for G-20 summit sign of strong ties’March 12, 2020

AMMAN — Minister of State for Media Affairs Amjad Adaileh on Wednesday voiced appreciation for Saudi Arabia’s invitation to Jordan to take part in the upcoming Saudi-hosted G-20 summit. Jordan received the invitation from Saudi Arabia to participate as a guest of honour in the Riyadh-hosted G-20 summit scheduled to be held next November.

Adaileh made his remarks during a dialogue meeting held to discuss Jordan’s participation in"...

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Water Ministry warns public as depression forecast March 12, 2020

Amman, March 11 (Petra) -- The Ministry of Water and Irrigation urged the public to take precautions during the weather instability which will affect the kingdom on Thursday.

In a statement, the ministry's Secretary General Ali Subah called on citizens, farmers, livestock keepers, and municipalities to take warnings seriously during these extreme weather conditions, advising to avoid valleys and areas where torrents are likely to form, and to protect their property and agricultural facilities as sudden flows"...

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Strategy forum explores potential outcomes of minimum wage increaseMarch 12, 2020

AMMAN — While the government has decided to increase the minimum wage from JD220 to JD260 (effective in January 2021), the Jordan Strategy Forum (JSF) also predicts that the mean wage in the Kingdom will rise from JD545, as measured in 2018, to JD575 in 2021.

According to a recent JSF report, the overall mean monthly wage of Jordanians who are actively employed and mandatorily insured has increased over recent years from JD514 (2015) to JD524"...

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Royal initiative: 10 underprivileged families handed keys to new homes in Hashmiyeh March 12, 2020

AMMAN — Ten underprivileged families in Zarqa's Hashmiyeh district on Wednesday received new residences as part of the Royal initiative for the housing of poor families.

The initiative was launched in implementation of His Majesty King Abdullah's directives according to standards accredited by the Social Development Ministry.

The initiative, which was launched"...

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Made in Jordan'' campaign launches new strategy, says JaghbirMarch 12, 2020

Amman, Mar. 11 (Petra)-President of the Jordan and Amman Chambers of Industry (ACI) Fathi Jaghbir, announced a new strategy of the 'Made in Jordan' campaign, based mainly on strengthening partnerships with various relevant authorities with a view to promoting Jordanian industrial products.

Jaghbir's announcement came as he presided over a meeting on Wednesday of the campaign's high committee, adding Jordanian factories have become capable of addressing challenges in the local market and play an"...

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