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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • Morocco volunteers on Sahara clean-up mission as part Nomads Festival

    M'HAMID EL GHIZLANE, Morocco - It may be the gateway to the vast Sahara desert, but that does not mean it's free of that modern scourge of the environment -- the rubbish humanity discards. In southern Morocco, volunteers are hunting for waste embedded in the sand, and they do not...
  • World Bank approves $1.1 bn in financing for Jordan

    The World Bank announced Tuesday it will provide Jordan with $1.1 billion in new financing to support economic reforms and expand social protections as the kingdom struggles with mounting debt.
  • PA alone must be in charge of post-war Gaza, say France, Egypt and Jordan

    Cairo, Egypt -- The leaders of France, Egypt and Jordan on Monday said the Palestinian Authority alone must be in charge of the post-war governance of the Gaza Strip. "Governance, law and order, and security in Gaza, as well as in all Palestinian territories, must be the sole responsibility of...
  • Macron to hold summit with Egyptian, Jordanian leaders as Israel pushes to seize Gaza territory

    Meanwhile, a video recovered from the cellphone of an aid worker killed in Gaza alongside other rescuers shows their final moments, with clearly marked ambulances and emergency lights flashing as heavy gunfire erupts.
  • European Parliament approves aid package for Egypt, Jordan

    Brussels, Belgium -- Members of the European Parliament have approved two proposals to provide Egypt and Jordan with loans worth €4 billion ($4.32 billion) and €500 million, respectively. The Parliament adopted the macro-financial assistance to Egypt with 452 votes in favor, 182 against and 40 abstentions. The proposal for Jordan...
  • Egypt, Jordan, Hamas, PLO hail Trump remarks on not ‘expelling’ Palestinians from Gaza

    It was not immediately clear whether Trump's comments signalled further backtracking from his widely criticised proposal to take over the Palestinian territory, displacing its population to neighbouring countries.
  • Saudi Arabia to host Arab summit on Trump’s Gaza plan, Egypt, Jordan, Qatar and the UAE to attend

    Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to move more than two million Palestinians out of the war-devastated territory, citing Egypt or Jordan as possible destinations.
  • Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid

    The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan if they refuse to cooperate with his plan to take over the Gaza Strip and displace its population to their countries.
  • Jordan king set for tense Trump talks as Gaza truce under strain

    The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both Jordan and Egypt if they refuse to take in Palestinians that he says should be moved out from their homeland. The meeting also comes as the Gaza ceasefire appears increasingly...
  • Egypt to host emergency Arab summit on Palestinians: foreign ministry

    Cairo, Egypt -- Egypt will host a summit of Arab nations on February 27 to discuss "the latest serious developments" concerning the Palestinian territories, its foreign ministry said in a statement on Sunday.The "emergency Arab summit" comes as Egypt has been rallying regional support against US President Donald Trump's plan to...
  • Syria: Assad faces stunning setbacks as rebels seize Daraa, Hama, and Aleppo in quick succession

    While Aleppo and Hama, the two other main cities taken from government control in recent days, fell to an Islamist-led rebel alliance, Daraa was taken by local armed groups, according to the Syrian Observatory for Human Rights.
  • A visitor gets a close up view of a painting at Amman's Darat al-Funun gallery during an exhibition by four displaced Palestinian artists from Gaza, entitled "Under Fire". (AFP)

    Portraits of pain: smuggled Palestinian art shows trauma of Gaza

    Smuggled art pieces from Gaza are on display in an exhibition in Amman showcasing pain, suffering and a strong resolve of Gaza residents.
  • European Mediterranean states to discuss Middle East, migration

    Leaders from nine European countries around the Mediterranean Sea are set to meet in Cyprus on Friday October 11 to discuss the ongoing wars in the Middle East, which they are affected by but have limited ability to influence.
  • Smoke billows from the rubble of a building destroyed in an Israeli airstrike on a neighborhood in Beirut's southern suburbs on October 2, 2024. (AFP)

    Regional Updates: Iran “not looking for war” but will retaliate fiercely to any Israeli attack

    Iranian leadership vows strong retaliation if Israel attacks Iran as Hezbollah kills eight Israeli soldiers and destroys 3 tanks while Israel banned UN chief Antonio Guterres from entering Israel. Also, 90 people were killed in Gaza and dozens injured in fresh Israeli attacks.
  • Jordanians to vote amid woes over economy and Gaza war

    Jordanians will head to the polls on Tuesday to vote for a new parliament amid widespread frustrations over a lagging economy and the ongoing war in Gaza.Just two days ahead of the vote, in a rare surge of violence, a Jordanian killed three Israeli guards at the border crossing between...
  • Jordan FM meets Iran president as Middle East tensions soar

    The political head of Palestinian group Hamas was killed early on Wednesday in Tehran, where he had attended the inauguration of Iran's President Masoud Pezeshkian. Iran and the Hamas, which Tehran supports, vowed to retaliate and blamed the strike on Israel, which has declined to comment.
  • Jordan’s Umm al-Jimal added to UNESCO heritage list

    Amman, Jordan - Jordan's Umm al-Jimal village has been added to UNESCO's World Heritage List, in a move hailed on Sunday by the country's tourism and antiquities minister as a "great achievement".UNESCO, which is hosting a meeting of its World Heritage Committee in New Delhi, said on X on Friday that...
  • Hajj pilgrimage ends amid deadly Saudi heat spike

    Crown Prince Mohammed bin Salman said on Sunday that Saudi officials had committed "to provide everything that will serve those who visit the Two Holy Mosques and help them perform their worship in security and reassurance". The health ministry said it would "closely follow cases of heat exhaustion."
  • Israel pounds Gaza refugee camp as war enters ninth month

    In a new diplomatic push, US Secretary of State Antony Blinken will visit Israel and key regional partners Egypt, Jordan and Qatar from Monday on his eighth Middle East trip since the war began, the State Department said.
  • Blinken presses for Gaza aid on Jordan visit

    Blinken, on his latest tour of the region since the Gaza war erupted in October, observed Jordan's efforts to bring in food and supplies and praised the "extraordinary work" led by the United Nations.
  • Jordan says won’t become ‘theatre of war’ between Israel and Iran

    If the Gaza war raging since October 7 has created tough challenges for Jordan, it now faces the additional threat of being stuck in the middle of a widening Israel-Iran conflict.
  • Jordanian industrialists call for export diversification

    AMMAN, JORDAN – Jordanian industrialists have emphasized the imperative of strategic planning to bolster export diversification, underlining key measures such as facilitating connectivity to global supply chains through e-commerce, and ramping up promotion and marketing efforts for domestic products.They also called for expanding outreach to foreign markets, fostering collaboration between...
  • Spanish president wants parliament to recognize Palestine state by July

    "We have to think seriously about doing it this semester," Sanchez told a group of Spanish journalists accompanying him on a tour of three Middle East countries Sanchez had said on March 9 he would propose that parliament vote in favor of this recognition by the end of the current...
  • Jordan exports pharmaceutical products worth US$874m in 2023

    AMMAN, JORDAN – Products of the Kingdom’s pharmaceutical industries and medical supplies sector moved over the past quarter century to the global level, driven by its development, quality and competitiveness, a stakeholder said.This has placed Jordan among the top countries in this strategic industry.Representative of Pharmaceutical Industries and Medical Supply...
  • Iraq to import electricity from Jordan to ease its chronic outages

    Baghdad, Iraq -- Iraq said Friday a power line would soon bring electricity from Jordan to the border area as authorities aim to diversify energy sources to ease the country's chronic outages.With its generating capacity ravaged by decades of conflict and underinvestment, Iraq has long relied on imports of both gas...
  • Rise in remittances hikes demand for Jordanian dinar, says chamber of commerce

    AMMAN, JORDAN – Rising remittances from the Kingdom’s citizens working abroad has contributed to increasing demand for Jordanian dinar.Exchange companies in the Kingdom are experiencing a significant surge in demand for the Jordanian dinar, surpassing interest in other foreign currencies, the Petra news agency said.Speaking to Petra, Firas Marwan Sultan,...
  • oil

    Jordan oil imports decline in January, boosting trade balance

    Amman, Jordan--Jordan's import bill for crude oil, derivatives, and mineral oils saw a notable decline in January this year, according to data released by the Department of Statistics on Tuesday.The figures revealed a decrease in the value of oil imports to the Kingdom, totaling $361 million for January, compared to...
  • UN expert accuses Israel of several acts of ‘genocide’ in Gaza

    "The overwhelming nature and scale of Israel's assault on Gaza and the destructive conditions of life it has inflicted reveal an intent to physically destroy Palestinians as a group," Francesca Albanese, the United Nations special rapporteur on the rights situation in the Palestinian territories, concluded in a report.
  • Germany joins operation to airdrop humanitarian aid into Gaza

    "The people in Gaza are lacking the most basic necessities. We want to do our part to ensure that they get access to food and medicine," said Defense Minister Boris Pistorius.
  • Israeli forces kill Jordanian in West Bank, says Palestinian ministry

    A Jordanian citizen has died after being shot by Israeli forces in the West Bank, Palestinian authorities said, with the military accusing the man of aiding a fighter. Tawfiq Aed Fawaz Hussein, 25, was shot at Zeita junction north of the West Bank city of Tulkarm on Monday, the Palestinian...
  • Non-Jordanian investors own 47% of ASE market value as of February 2024

    AMMAN, JORDAN – Data released by the Amman Stock Exchange reveals that non-Jordanian investors bought shares worth US$12.5 million (JD8.9 million) in February 2024, accounting for 8.7 percent of the month's total trading volume. Conversely, these investors offloaded shares valued at US$44.7 million (31.7 million dinars) during the same timeframe....
  • Amman Chamber of Industry exports for January-February 2024 reaches $1.3bn

    AMMAN, JORDAN - Amman Chamber of Industry (ACI) exports amounted to US$1.3 billion (JD926 million) during the last two months of 2024, compared to US$1.79 billion (JD1.272 billion) for the same period last year.According to statistical data obtained by Petra, exports of five sectors recorded an increase, while the rest...
  • Muslims pray for end to Palestinian suffering as Ramadan nears

    Other parts of the Islamic world may be grappling with their own challenges, from conflicts to high inflation. But many Muslims say their thoughts are with Palestinians this year.
  • UN agency exhorts Israel to allow port for Gaza aid transfer

    Rome, Italy - The UN's food agency on Thursday said it was pressing Israel to allow it to use the Ashdod port north of Gaza to make it easier to reach starving Palestinians."We have several requests with the Israelis," World Food Program (WFP) Deputy Executive Director Carl Skau told AFP in Rome,...
  • Israel destroys home of Palestinian accused of killing settlers

    Israel routinely demolishes the homes of Palestinians accused of carrying out attacks, arguing that such measures act as a deterrent, while critics say it amounts to collective punishment.
  • Palestinians reduced to antagonists in someone else’s story: Queen Rania

    In a powerful speech at the first-ever Web Summit Qatar conference, while calling for an immediate end to the war on Gaza, as well as an end to the obstruction of desperately needed aid delivery, she asked: "Why is the killing of some condemned, while the killing of others justified?...
  • Jordan, Oman chambers eye enhancing trade ties, cooperation

    AMMAN, JORDAN – Jordan Chamber of Commerce (JCC) and Oman Chamber of Commerce and Industry on Saturday discussed enhanced cooperation and investment partnership.The two sides pledged during a meeting to forge robust commercial relations, remove hindrances, reactivate bilateral agreements, exchange more visits by economic teams and hold joint exhibitions.Participants stressed...
  • Jordan, Oman sign agreements to ramp up investments

    Amman, Jordan--Jordan and Oman have signed a raft of agreements to boost direct investment in both the countries.The first memorandum of understanding (MoU), which was signed by the ministries of investment of Jordan and Oman's ministry of trade, industry, and investment promotion, called for cooperation between the two parties in...
  • 35 Jordanian companies to participate in Gulfood 2024 in Dubai

    AMMAN, JORDAN – A total of 35 Jordanian companies are taking part in Gulfood 2024, the world's largest annual food and beverage trade exhibition, in Dubai, UAE.The Jordan Exporters Association (JEA) is coordinating the country's participation in the event, which will open next Monday at Dubai World Trade Center.The JEA’s...
  • Recognizing Palestine state not a taboo for France, says Macron

    "The recognition of a Palestinian state is not a taboo for France," he said at a joint press conference in Paris with Jordan's King Abdullah II. Macron also repeated a warning against Israel attacking the city of Rafah, the southernmost point in the besieged and bombarded Palestinian territory of Gaza.
  • Jordan’s king urges Gaza ceasefire in talks with Biden

    Speaking at the White House while US President Joe Biden stood next to him, King Abdullah of Jordan said that "we cannot afford an Israeli attack on Rafah." He said that it will result in another humanitarian catastrophe, and called for a lasting ceasefire and that war must end.
  • In Middle East, ‘manufacturing’ is a new buzzword

    Form Saudi Arabia to the UAE, Qatar to Kuwait, governments of the region compete to jumpstart an industrial sector. But doubts remain whether it can be pulled off.
  • Economic forum in Amman to enhance trade ties between Iraq, Jordan

    AMMAN, JORDAN - The Iraqi Business Council, in collaboration with the Jordanian and Amman Chambers of Industry, is set to organize an economic forum in the Kingdom. This event, on April 21, aims to enhance financial, industrial and commercial partnerships among Iraq, Jordan and other countries in the region. The...
  • Jordan, Tunisia to enhance trade, investment relations

    AMMAN, JORDAN - The Chairman of the Amman Chamber of Commerce Khalil Haj Tawfiq has called on Jordanian and Tunisian companies to forge stronger partnerships and enhancing their countries commercial, industrial and investment relations.During a meeting with Tunisian Ambassador to Jordan Mufida Zaribi, Haj Tawfiq emphasized the necessity of boosting...
  • Qatar eyes second successive Asian Cup in final against Jordan

    Doha, Qatar - An Asian Cup full of late goals and surprises reaches a climax on Saturday when hosts and holders Qatar face a Jordan side looking to make yet more history.The 88,000-capacity Lusail Stadium, where Lionel Messi's Argentina beat France in the World Cup final 14 months ago, will stage...
  • Israeli strikes kill 10 including six civilians in Syrian city of Homs

    "Ten people, including six civilians and two Hizbollah fighters, were killed in Israeli strikes on a building in the Hamra neighborhood of Homs," the head of the Syrian Observatory for Human Rights, Rami Abdel Rahman, told AFP. The strikes completely levelled the building in one of the city's most affluent...
  • UAE and Jordan leaders discuss boosting economic, investment ties

    Amman, Jordan-- The UAE and Jordan have explored opportunities for collaboration in the fields of economy, investment, food security, renewable energy and sustainability in a meeting between the UAE President Sheikh Mohamed bin Zayed and Jordan's King Abdullah in Amman.The meeting between the two leaders, which took place at Basman...
  • Irbid chamber industrial exports up

    The value of certificates of origin issued stood at US$65m.
  • Jordan’s EMRC grants approvals for EV charging infrastructure

    AMMAN, JORDAN - The Energy and Minerals Regulatory Commission (EMRC) has issued over 300 authorizations for the installation of electrical metering devices dedicated to electric vehicle charging infrastructure, with the current tally of licensed EV charging facilities standing at 63 across the Kingdom.EMRC records indicate a distribution of 49 publicly...
  • Hamas says US strikes in Iraq and Syria is putting ‘oil on fire’

    Palestinian group Hamas condemned overnight US strikes in Iraq and Syria, saying Washington had poured "oil on the fire" in the Middle East. The US "bears responsibility for the consequences of this brutal aggression against both Iraq and Syria, which pour oil on the fire," the group said in a...
  • US downed 8 drones off Yemen, hit 4 on ground

    Washington, US - American forces shot down eight drones near Yemen and destroyed four more on the ground, the US military said on Saturday, announcing a series of incidents that took place the previous day.The strikes and shootdowns in and around Yemen came as American forces launched a wave of air raids...