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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

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Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

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ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Jordan endorses tourism national strategy as pandemic abates

The number of visitors to Petra city saw a hike of 118 percent at the end of 2021 compared to 2020. AFP
  • Nayef Fayez, tourism minister, said tourism in 2021 saw an improvement, especially in the second half of the year
  • Fayez highlighted the strategy to attract more tourists to the country was developed in partnership with the private sector

The Jordanian cabinet Sunday endorsed the national strategy for tourism from 2021-2025 that seeks  reinvigoration of tourism in the aftermath of the coronavirus pandemic.

Nayef Fayez, tourism minister, said tourism in 2021 saw an improvement, especially in the second half of the year, reaching its peak in August with 383,000 tourists. He attributed the recovery to the opening up of the country, which increased the number of foreign tourists.

Fayez highlighted the strategy to attract more tourists to the country was developed in partnership with the private sector, emphasising that its main focus is to  generate more revenue and create job opportunities.

He said the strategy is in line with the government’s economic priorities for 2021-2023 that included tourism.

The Cabinet also approved the building and urban planning law 2021