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Jordan's Masaken Capital Board of Directors approves regional expansion and restructuring plans May 14, 2017

The Board of Directors of Masaken for Land and Industrial Development Projects (Masaken Capital), a company listed in Amman stock exchange, held its third meeting in 2017 on Thursday, 11 May, 2017 in the UAE capital Abu Dhabi. Chaired by Hasan Abdullah Ismaik, Masaken Chairman and attended by Masaken Vice Chairman and board members, the meeting reviewed the latest developments with regards to the proposal to increase the company's capital and its implications on Masaken’s future business development and investment plans across various sectors. The Board confirmed that any decision on the capital increase will be taken only after studying all available investment opportunities to ensure optimal returns to shareholders.” The Board also decided to open a branch of Masaken Capital in the UAE, which will serve as a gateway to explore new business opportunities and establish strategic......

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Jordan takes measures to prevent cyber attack spillover — official May 14, 2017

Jordan has taken several measures to prevent any damage after an unprecedented global cyber attack that wreaked havoc in more than 100 countries, a government official said Sunday.

'Jordan is closely following up on the issue and there is intensive cooperation between the Ministry of Information and Communications Technology and the National Information Technology Centre to take precautionary measures to prevent any harm,' Nader Thneibat, secretary"...

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Average Jordanian family spends JD10,250 yearly — DoS May 14, 2017

The average annual spending of a family in Jordan is around JD10,250, of which JD3,500 cover foodstuffs, JD450 alcohol and cigarettes and JD6,300 non-food-stuffs commodities and services, according to a Department of Statistics (DoS) statement released Sunday.

The DoS issued the statement on the occasion of the International Day of Families marked on May 15, the Jordan News Agency, Petra, reported.

The"...

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Mulki to meet teachers’ union as open-ended strike on cards May 14, 2017

With an open-ended, nation-wide teachers’ strike possible at the beginning of the next academic year, Prime Minister Hani Mulki will meet the Jordan Teachers Association (JTA) council later this week to discuss its demands, according to syndicate spokesperson Ahmad Hajaya.

The meeting will come days after the JTA council announced its plans to call for an indefinite, nation-wide strike from the start of the new school year in September if teachers’"...

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Dead Sea closures to begin May 18 as WEF approachesMay 14, 2017

As Jordan is preparing to host the World Economic Forum on the Middle East and North Africa at the Dead Sea between May 19 to 21, there will be traffic closures around the area starting on May 18 at 10am, until May 21 at 8pm, the Jordan News Agency, Petra, reported.

The closures, which include individuals and vehicles going in both directions, will start from parking “B” at the hotels road after Grand East Hotel and end before the Crowne"...

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Korean trade delegation holds meetings in Amman May 14, 2017

A Korean delegation, comprising representatives of nine companies specialised in the manufacturing and exporting of pharmaceuticals, medical materials and equipment, held business meetings with their Jordanian counterparts in Amman on Sunday.

The delegates and the participants discussed ways to boost business cooperation during the meetings, which were attended by Korea’s Ambassador to Jordan Lee Bom-yon.

Organised"...

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Queen Rania meets with Amman Design Week 2017 TeamMay 14, 2017

Her Majesty Queen Rania Al Abdullah, on Sunday, met with the Amman Design Week 2017 (ADW) team for a brief on the project’s progress and an update on its newest programs.

With the support of Her Majesty, the Amman Design Week 2017 main exhibition will be held at the Ras Al Ain Hanger Gallery, and will comprise the second edition of the annual program.

The project, first inaugurated in September of last year, aims to showcase designs and talents of local, regional, and international designers"...

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King inaugurates solar energy projects May 14, 2017

His Majesty King Abdullah II Sunday inaugurated commercially-driven 200 megawatt photovoltaic solar projects, including 12 power plants, in an investment worth more than JD400 million.

The first stage of the electricity generation scheme incorporates building a solar collector on a 5 square-kilometre plot in the Maan Development Area, which incorporates ten plants with a generation capacity of 170 megawatt, while the 11th plant will be launched at the Aqaba Special Economic Zone at a capacity of 10 megawatt, and"...

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Senate president meets head and members of Jordanian-French Parliamentary Friendship Committee May 14, 2017

Senate President Faisal Al Fayez on Sunday, met with head and members of the Jordanian-French Parliamentary Friendship Committee and discussed with them bilateral ties and means to further boost them in various fields.

The meeting, which was attended by head of the Jordanian-French Friendship Committee Senator Haifa Al Najjar and the French Ambassador to Jordan David Bertolotti, also focused on current regional issues, mainly the Palestinian issue, the Syrian crisis and the fight against terrorism.

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Industry minister opens 9th Jordan AFAQ Economic ForumMay 14, 2017

Deputizing for the prime minister, Minister of Industry, Trade and Supply Yaroub Qudah opened the 9th Jordan AFAQ Economic Forum entitled 'Entrepreneurship and its impact on the economy'.

In remarks during the opening ceremony, the minister said that the government had approved a set of laws that contribute to stimulating the economy. 'According to international studies, 84 percent of new ventures do not succeed while 75 percent of projects that are set up with the participation of business incubators"...

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