Main headlines

3 اذار/مارس 2014

In 2013, Jordan’s exports to Iraq went up by 23 per cent, amounting to JD884 million while its imports from Iraq totalled JD269 million
18:54 بتوقيت جرينتش

They discussed means to boost economic relations between the two countries and their private sectors, in particular.

The procurement process for the projects starts immediately.
18:43 بتوقيت جرينتش

QDB will provide 70% of the investment for each project with a maximum loan of QR100mn

The richest Israeli is Eyal Ofer in 191st place with a fortune of $7 billion.
17:14 بتوقيت جرينتش

There are 18 Israelis in "Forbes" 2014 Billionaires list, which was published today.

"Oil markets are reacting on the potential that the situation could worsen," said Ben le Brun.
16:36 بتوقيت جرينتش

Ukrainian Prime Minister Arseny Yatseniuk said Moscow's move to use military force was a "declaration of war" by Russia, one of the world's biggest oil producers.

Saudi Arabia deported most of its construction sector workers under its Saudization policies (File Archive)
14:00 بتوقيت جرينتش

Saudi Arabian contractors are calling on their Egyptian counterparts to overcome their worker shortages, according to reports this week.

Flydubai launched 17 new routes in 2013 alone, now servicing 66 destinations in total (File Archive)
11:00 بتوقيت جرينتش

Flydubai's 2013 net profit increased 47 per cent in comparison to its 2012 figures

Bank Muscat will be the first bank in Oman to issue sukuk (Courtesy of Global Arab Network)
09:00 بتوقيت جرينتش

Bank Muscat is planning to issue its first Islamic bond by September, representing the first sukuk issue of an Omani bank.

WhatsApp is going to continue to operate completely autonomously
07:55 بتوقيت جرينتش

Facebook's acquisition of WhatsApp has raised concerns among its users in Oman, especially after messages doing the rounds about changes in the messenger's privacy rules.

The image below shows the results of the Savillies World Cities survey.
03:55 بتوقيت جرينتش

Hong Kong is the world’s most expensive city for companies to locate employees, significantly ahead of London and New York, which have been vying for second place over the past two years.

Responding to a question about innovation, Cook said Apple preferred not to talk about new products under development so as not to tip off the competition
03:55 بتوقيت جرينتش

“We’re working on some things that are extensions of things you can see and some that you can’t see,” Cook said at the annual meeting, referring to a 32 percent increase in research and development costs last year.

The February figure was up from 2.228 million bpd the previous month thanks to the completion of work on expanding the capacity of the southern Basra port, from which the bulk of Iraq's crude is shipped.
03:55 بتوقيت جرينتش

The increase is likely to restore some confidence in Iraq's oil revival, which got under way in 2010 after decades of sanctions and war, but slowed last year due to technical and security problems.

2 اذار/مارس 2014

 The 5G mobile network aims to tremendously improve user’s experience with never seen before speed and capacity.
21:28 بتوقيت جرينتش

By 2020, it is estimated that 6.5 billion people worldwide will use mobile networks for data communications and that 100 billion additional “things” — such as vehicles, metres, medical devices, and home appliances — will also be connected via mobile networks.

The premier said foreign direct investments (FDIs) rose in 2013 by JD1.1 billion, reaching around JD18.7 billion at the end of last year.
17:20 بتوقيت جرينتش

At the end of November 2013, foreign reserves at the Central Bank of Jordan rose by $5.4 billion or by 81.7 per cent, amounting to $12.1 billion.

GCC countries spend an average of seven percent of their annual budgets on health, whereas OECD countries spend an average of 17 percent (File Archive)
15:00 بتوقيت جرينتش

The World Bank called on GCC government leaders this week to reform their healthcare sectors and industries this week to systems that promote health rather than only "treating sickness."

The Trina Solar project will be Jordan's first rooftop solar power project (File Archive/Shutterstock)
14:00 بتوقيت جرينتش

China-based company Trina Solar recently signed an agreement with Amman-based companies to build rooftop solar power plants.