Thursday 21 August 2014
 
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Jordan

Jordan's trade deficit widens by 10.5pc in first half

Jordan's trade deficit widened in the first six months of this year by 10.5 percent to 5.35 billion dinars ($7.5 billion) compared with the same period in 2013, due to a higher bill for Saudi oil and increased consumption, official data show

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Jordan to buy natural gas from Gaza

Jordan plans to import about one-third of its needs of natural gas from Gaza Strips' offshore gas fields at the end of 2017, a report said. Jordan’s National Electric Power Company (Nepco) will sign a letter of intent in

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$2m school pledge for Syria refugees

Bahrain has pledged to build another school worth $2 million for Syrian refugees in Jordan within the next six months. The Royal Charity Organisation (RCO) signed an agreement with the Jordanian Charity Organisation (JCO) to const

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Bahrain to build $3.5m complex for Syrian refugees

Bahrain will build a $3.5 million medical centre and residential complex for Syrian refugees in Jordan. The project will be constructed in Al Azraq refugee camp - Jordan's second largest camp - and is expected to be completed

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Brotherhood stages pro-Hamas rally in Jordan

More than 15,000 Muslim Brotherhood supporters gathered at a pro-Hamas rally in Jordan's capital on Friday, with many chanting "death to Israel" and urging the militant Palestinian group to step up rocket salvos against Israeli tow

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Jordan to set up $112m wind power plant

Spanish engineering firm Elecnor was awarded a contract to build a 65-75 megawatt wind power plant in the southern region of Jordan, a report said. The $112 million power plant - which will be located in Maan, some 220km south of Amman

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Jordan's Housing Bank reports 16pc rise in profit

Jordan's Housing Bank for Trade and Finance, the country's second largest lender, posted a 16.4 percent increase in first-half net profit to $86.2 million due to better utilisation of funding in core activities, it said in a statement on

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Jordan's Housing Bank reports 16pc rise in profit

Jordan's Housing Bank for Trade and Finance, the country's second largest lender, posted a 16.4 percent increase in first-half net profit to $86.2 million due to better utilisation of funding in core activities, it said in a statement on

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Jordan introduces sukuk rules

Regulators in Jordan have introduced a set of long-awaited rules for the issuance of sukuk, or Islamic bonds, paving the way for both the public and private sectors to tap into growing demand for Sharia-compliant investments. Jord

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Jordan shoots unidentified drone near Syria border

Jordan's air force shot down an unidentified drone near the north-eastern border with Syria on Friday, a government spokesman said, the first such event announced by authorities since Syria's crisis began

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