Jordan

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units
  • 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...
  • Jordan’s online learning platform Edunation raises $3 million

    The funding round was led by US investor Rubix The latest capital infusion will help the firm improve its operations Online learning may not be an ideal tool to impart education, but it sure is finding investors to fund the space. Jordanian online learning management platform Edunation has raised $3...
  • Dynabook Europe GmbH signs distribution deal with PC DealNet

    PC DealNet to distribute B2B mobile computing products and services in UAE, Qatar, Bahrain, Oman, Kuwait, Lebanon and Jordan  Formed in Lebanon in 1995, PC DealNet has expanded into Gulf and Jordan   Dynabook Europe GmbH has authorized PC DealNet with distribution rights of its award-winning B2B mobile computing products and...
  • Jordan approves a slew of measures to revive tourism in Petra

    Once a great attraction for tourists, the region was badly affected by Covid-19 curbs Among the initiatives approved during a Cabinet meeting include full exemption from licensing fees Dealt a great blow by Covid-19, the Petra region of Jordan, once a great attraction for local as well as international tourists,...
  • US Vice President’s Middle East visit evokes mixed reactions

    US Vice President Mike Pence started his three-nation Middle East visit on Saturday amidst a lot of dilemmas and confusions erupting because of US’ latest stance on the status of Jerusalem. If on one hand, many Middle East nations have expressed resentment over US’ decision to recognize Jerusalem as Israel’s...