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FINANCE & ECONOMY

Work under way to connect Jordanian-Iraqi power grids June 24, 2019

AMMAN — Work is under way to interconnect the electric power grids of Jordan and Iraq, Minister of Energy and Mineral Resources Hala Zawati said on Sunday.

During a meeting with the Senate’s joint Financial and Economic Committee, and its Energy and Minerals Committee, Zawati said that providing Iraq with electricity will contribute to alleviating energy overcapacity, according to the Jordan News Agency Petra.

Recently,"...

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Euromoney conference set for July 2June 24, 2019

AMMAN — Euromoney has announced its sixth annual conference in Jordan on July 2 under the theme: “Stability, Innovation and Transformation — Jordan’s Economic Challenge”.

This year’s agenda will explore how Jordan can reach its full economic potential and how the Kingdom can work to achieve macroeconomic stability, a Euromoney statement said

The"...

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JLGC, Etihad Credit Insurance sign MoU to boost tradeJune 24, 2019

Amman, June 23 (Petra) - The Jordan Loan Guarantee Corporation (JLGC) signed a memorandum of understanding (MoU) with Etihad Credit Insurance (ECI), the UAE Federal Credit Insurance Company, to explore, develop and strengthen the trade relationship between Jordan and the UAE.

This partnership will enable the two nations to enhance trade and business activities through the exchange of information and exploring business practices and conducting training programs in areas of common interest.

It will"...

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Etihad Credit Insurance, Jordan's Loan Guarantee Corporation partner to strengthen trade relationsJune 24, 2019

DUBAI, 23rd June, 2019 (WAM) -- Etihad Credit Insurance, ECI, the UAE Federal Credit Insurance Company has signed a Memorandum of Understanding, MoU, with the Jordan Loan Guarantee Corporation, JLGC, to explore, develop and strengthen the trade relationship between the UAE and Jordan on the basis of equality, mutual benefit, respect and trust.

This partnership will enable enhance trade and business activities through the exchange of information"...

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Coroli Awarded ‘Superbrands’ StatusJune 24, 2019

Coroli, the region’s leading edible oil brand, was awarded Superbrands status at a gala event ceremony recently held in Dubai, UAE. The award was received by Dr. B. R. Shetty, Founder & Chairman of BRS Ventures and owner of Coroli brand. At the 15th annual Superbrands event, Coroli was recognised as a leading brand in UAE for its quality, performance and engagement with customers.

Accepting the award Dr. B. R. Shetty, Founder and Chairman,"...

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10 Startups from Africa and the UAE Selected to Participate in GBF Mentorship ProgrammeJune 24, 2019

A total of 10 startups from Africa and the UAE have been selected to participate in Dubai Chamber of Commerce and Industry’s Global Business Forum (GBF) Mentorship Programme which aims to foster cross-border cooperation and help participants expand their global presence.

Five UAE startups, members of Dubai Startup Hub, were selected to take part in the three-month programme, each offering unique and innovative solutions and platforms designed"...

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AURAK Actuates with UTAJune 24, 2019

The American University of Ras Al Khaimah (AURAK) Department of International Programs and Partnerships (DIPP) hosted a visit for a University of Texas-Arlington (UTA) delegation consisting of Dr. Curtis Andressen, the Vice Provost, and Dr. Bahram Khalili, the Associate Professor of Instruction, to discuss the possible expansion of their previously established agreement to include the Computer Science field and student and faculty exchange opportunities.

Initial"...

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Jordanian companies take part in Summer Fancy Food Show in New YorkJune 23, 2019

Amman, June 22 (Petra)--Jordanian industrial companies specialized in food industry are taking part in the Summer Fancy Food Show that kicks off in New York on Sunday.

President of Jordan Exporters Association (JEA) Omar Abu Wishah said that Jordan's participation in the three-day event comes within plans and programs of the JEA to empower and support the food industry to enter new markets, adding that the participation is one of the most important means to promote national products.

Jordan signed"...

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Economic team discusses solutions to challengesJune 23, 2019

Amman, June 22 (Petra)- The Cabinet economic team held a meeting Saturday, chaired by Prime Minister Dr. Omar Razzaz, during which they discussed a number of challenges facing some economic sectors in preparation for solving them.

During their meeting, the ministerial team listened to a briefing by the director of the Yarmouk Water Company Engineer Nabil Zu'bi on the water conditions in the four northern governorates, which the company is in charge of providing water to citizens.

Zu'bi pointed"...

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ACC, JBA join forces to establish joint councilJune 23, 2019

Amman, June 22 (Petra) -- The Amman Chamber of Commerce (ACC) and the Jordanian Businessmen Association (JBA) have teamed up to form a joint council that will be a nucleus for the unification of private sector institutions under one umbrella to serve the national economy and help it overcome persistent challenges.

The two parties stressed that the formation of the council will be followed by a call by private parties to hold a joint meeting aimed at forming an advisory council comprising the industrial, commercial,"...

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