July 12, 2004
Jordan's state-run Central Electricity Generating Company on Sunday awarded Al Samra power plant project to a consortium comprising the US Black and Veatch Company and the Turkish GAMA Company at a co
Exports from Isfahan’s Folad-Mobarakeh Complex will hit 800,000 tons by the end of the current Iranian calendar year 1383 (March, 20 2004-March 19, 2005).
July 11, 2004
Jordan's Executive Privatization Commission and HSBC consortium officially signed a financial advisory services agreement for the restructuring and privatization of Jordanian Phosphates Mines Company.
"Saudi Arabia is one of the major countries both in market size and in the terms of the vision we have of establishing ourselves in the Middle East," said Aysegul Ildeniz, Intel's recently appointed r
July 8, 2004
The Governor of the Central Bank of Jordan, the regulatory and supervisory authority for the licensed banks in Jordan, on Wednesday expressed his concern at the news that a lawsuit is being filed agai
The Chairman of Riyad Bank, Mr. Rashed Abdulaziz Al-Rashed, announced that the Bank recorded a Net Profit of SR 924 million for the first half of 2004, an increase of 5.6% compared to the same period
July 7, 2004
The Executive Board of the International Monetary Fund (IMF) completed the third and final review of Jordan's performance under a two-year SDR 85.28 million (US$125.6 million) Stand-By Arrangement.
Emaar Properties, the UAE-based property developer, has announced an impressive net profit of Dh 523 million for the half year of 2004 – a remarkable 63 per cent rise over Dh 320 million for 2003.
July 6, 2004
Egyptian actress Sharihan clearly expressed that she refuses to undergo any form of interviews with the media, and refrained from any form of communication with too many people limiting her self to v
Families of U.S. citizens killed or wounded in bombing attacks in Israel have filed an $875 million lawsuit against the Amman-based Arab Bank, accusing it of channeling money to Palestinian "terrorist
Jordan's 26 insurance companies posted net profits of more than JD17 million last year, a top executive said on Monday.
July 5, 2004
Jordan's King Abdullah sent a congratulatory cable on Monday to the Algerian President Abdul Aziz Boutaflika on the occasion of Algeria's independence
Garment exports of Al Dhuleil Industrial Complex in Jordan increased by 36% to reach $45 million during the first six months of 2004 compared to $33 million during the same period of last year. Accord
Ahmed bin Abdul-Nabi Macki, Oman's Minister of National Economy and Deputy Chairman of the Financial affairs and Energy Resources Council left Sunday for China within the context of a tour which also
July 4, 2004
The Kingdom's exports to the US are expected to hit the $1 billion mark this year - surpassing last year's unprecedented record of $650 million, outgoing US Ambassador to Jordan Edward Gnehm has said.