FINANCE & ECONOMY

Turkey slams Cyprus-Greece-Jordan cooperation agreements as 'unacceptable'January 18, 2018

A series of cooperation agreements signed by leaders from Greece, Cyprus and Jordan on Tuesday at a trilateral summit in Nicosia have come under fire from Turkey as 'unacceptable'.

The stance was communicated through an official statement released by the occupied territory of northern Cyprus.

'The Greek Cypriot administration's signing of treaties together"...

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Abu Ghazaleh Signs Accreditation Agreement With Al-Jami'a Schools in Jordan January 18, 2018

The Arab Organization for Quality Assurance in Education (AROQA), chaired by HE Dr. Talal Abu-Ghazaleh, signed agreement with Al-Jami'a Secondary Schools for the provision of academic accreditation by the Organization in the field of quality standards implementation.

The agreement aims at promoting the culture of quality and school accreditation, as well as to exchange expertise for achieving self-development according to academic standards.

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IFC to fund $188 million solar plant in Jordan January 18, 2018

The International Finance Corporation (IFC) said it will finance a major solar power plant worth $188 million to boost renewable energy investments as the refugee influx takes its toll on the kingdom's resources, the organization said today.

The financing package for the 248-megawatt Baynouna facility developed by Masdar (Abu Dhabi Future Energy Company) includes $54 million from IFC's own account and $134 million mobilised from other senior lenders including a parallel loan from Japan International Cooperation"...

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Tax hikes in Jordan flood markets with high prices January 18, 2018

Local media on Wednesday published a list of 164 items subject to a new taxation regime of four to 10 percent imposed by the government to raise funds in line with commitments to creditors, including the World Bank and IMF.

Al Ghad newspaper, the biggest Arabic daily, published the list, which included a wide range of fruits and vegetables such as tomatoes, potatoes, cucumbers, and dairy products, among many others. The increase also includes fresh fish, frozen meat, table salt and a wide range of basic items....

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Analysis: Is Jordan Breaking Alliance with Saudi Arabia, West? January 18, 2018

Sources at Jordan's parliament have reported that the speaker of Jordanian House of the Representatives Atef Tarawneh is completing arrangements for a high-ranking delegation visit to Tehran. The same sources have added that the visit to Iran will be soon made.

The visit will see the Jordanian diplomats meeting the Iranian officials and discussing boost of cooperation between the two countries.

Recently, Iran’s ambassador to Jordan Mojtaba Ferdosipour and the Syrian chargé d'affaires"...

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Parliamentary Association, Turkish envoy discuss cooperation January 18, 2018

Chairman of the Jordanian-Turkish Parliamentary Friendship Association MP Mohammad Ayasrah on Wednesday discussed with Turkish Ambassador to Jordan Murat Karagoz, issues of mutual concern and ways to foster bilateral relations in various fields.

Talks during the meeting touched on the two countries' 'historic and long-standing' ties, and their leading role in the Middle East.

The two sides underscored the importance of reciprocal visits and the exchange of expertise between Amman and"...

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Jordan, Algeria sign 7 agreements to promote bilateral cooperation January 18, 2018

Jordan and Algeria, on Wednesday signed the minutes of the eighth session of Joint Jordanian-Algerian Committee, in addition to seven agreements of cooperation in the fields of industry, mining, trade, public works, transport, youth, sports and culture.

The minutes were signed by Minister of Industry, Trade and Supply, Yarub Qudah and Algerian Minister of Energy and Mines, Youcef Yousfi.

Qudah hailed the deep-rooted relations between Jordan and Algeria and said the Kingdom has a firm will to activate"...

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Brazil’s Embraer presents partnership offer to RJ January 18, 2018

In response to Royal Jordanian’s (RJ) request for proposals for the future fleet renewal, Brazil’s Embraer on Wednesday presented in Amman its value proposition for the Jordanian airline, introducing the latest updates of its new E2 aircraft family.

Jorge Ramos, CEO of Embraer in Europe, the Middle East and Africa (EMEA), noted that “the E2 family represents the most advanced solution to compete efficiently and profitably, while"...

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Science League helps children become ‘superhero inventors’ January 18, 2018

“We created the Science League [SL] because we wanted to make everyone feel like they could be their own superheroes and come up with their own inventions,” recalled Hamza Arsbi, co-founder of the educational organisation The Science League.

Started in 2012 with his university friend Farah AbuHamdan, the group was composed of professors and students willing to expand people’s understanding of science and make it more accessible"...

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Monarch directs gov’t to accelerate public sector reforms January 18, 2018

His Majesty King Abdullah on Wednesday was acquainted on progress made in plans and measures undertaken by the government to reform the public sector, including the e-government project, and future steps in that regard.

During a meeting with concerned officials, the King urged accelerated implementation of the plans in question with no delay, stressing the public sector reform is a priority at this stage, according to a Royal Court statement.

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