New York Times Feed
Cima NanoTech, a developer and manufacturer of transparent conductive film solutions, announced today that it has entered into a joint venture with Foxconn, the world’s largest ICT technology provider and vertically integrated device manufacturer, to deliver the industry’s first cost-competitive, projected capacitive (pro-cap) solution for large format touch screens. Both companies will sell SANTE® ProTouch™ modules through Cima Touch, the company formed under this joint venture.
Foxconn’s"...Continue Reading >
Scepter Partners, a standing syndicate of sovereign investors and ultra-high net worth families, announced today the formation of its core merchant banking division with veteran investment banker Anthony J. Steains and his former Blackstone Advisory Partners Asia team. Mr. Steains will lead all merchant banking activities of Scepter, which will consist of syndication, structuring and execution.
The formation of Scepter’s merchant banking division"...Continue Reading >
Jordanian Labour and Tourism Minister Nidal Katamin and UAE Ambassador to Jordan, Bilal Al Bodour, have discussed ways of enhancing joint co-operation in areas of labour issues and exchange of technical expertise.
The Jordanian minister informed the UAE envoy of efforts being made by his ministry in areas of training, employment and labour market regulation.
Also discussed were investment opportunities, development of work mechanisms and enforcement of labour agreements between the UAE and Jordan in a way that serve mutual interests.
The Jordanian minister invited the UAE...
Jordan Vegetable Oil Industries Company ( JVOI ) is suing distributors and buyers for about JD3.2 million owed to it within the normal course of business activity.
In a disclosure to the Jordan Securities Commission, the company said the lawsuits entailed dues in the form of receivables and bounced cheques.
According to the balance sheet as of June 30, 2015, ...
Stakeholders in Jordan's first shale oil-fuelled power plant are facing difficulties securing finance for the project and may seek an extension of the deadline for financial closure, according to a partner in the project.
They have until October 1 to secure finance for the $2.2 billion, 470 megawatt (MW) project, while they are facing difficulties at this stage with many entities refusing to finance the project, said Mohammad Maaitah, project partner of Attarat Power Company (APCO).
...Continue Reading >
The Greater Amman Municipality ( GAM ) on Monday decided to allocate part of the transportation fare to build a terminal in Ras Al Ain to benefit Ammanis and alleviate traffic jams in the capital, an official said.
Abdul Rahim Wreikat, director of GAM 's public transport"......Continue Reading >
Prime Minister Abdullah Ensour on Monday took part in the Stockholm World Water Week, which started today in the Swedish capital.
Ensour delivered a speech in the opening session, in which he highlighted the government's plans to address water issues, noting that "the refugee influx to Jordan as a result of the political crises in the region has overwhelmed our precious water resources and fragile infrastructure".
Ensour said that"...
A government team, chaired by Minister of Planning and International Cooperation, Imad Fakhoury, on Monday, discussed Ajloun governorate development program for the years 2016-2018.
Fakhoury said the meeting aimed at highlighting the national effort to prepare development programs to governorates, in accordance with the royal directives, which aim to prepare an action plan for governorates' development, in partnership with civil society"...
Deputy Prime Minister and Foreign Minister Nasser Judeh on Monday discussed with chief Palestinian negotiator Saeb Erekat, efforts to reinvigorate peace talks between the Palestinians and Israelis.
Judeh said that a solution to the Palestinian issues that leads to the establishment of an independent Palestinian state on the 1967 borders with Jerusalem as its capital, is a top Jordanian national interest.
He reiterated Jordan's"...