Tuesday 22 July 2014
 
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Jordan

Arab Bank reports 7pc rise in profit

Jordan-based Arab Bank on Wednesday reported first-half net profit up 7 percent year on year. Net profit after tax and provisions for the bank, which has operations across a number of Middle Eastern countries, was $414.9 million,

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Jordan in $40m water project loan deal with KfW

Jordan has signed a 30 million euros ($40.8 million) loan deal with the German Development Bank (KfW) recently for the Water Resources Management Programme in its third phase, said a report.   The third phase of

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Jordanian mall signs up Prime Cinemas

Abdali Mall Company (AMC) has signed up ‘Prime Cinemas’ as an anchor tenant at the mall in Amman.   It has leased 4,528 sq m area to the company to include 11 cinema screens in the Abdali Mall, said a

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Aegean Airlines launches flights to Amman

Greece-based Aegean Airlines has commenced flights to Jordan’s Queen Alia International Airport (QAIA).   Launched in co-operation with Petra Travel and Tourism Company, the inaugural flight arrived from At

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Horizon opens massive project in Jordan

Horizon Group, a property development and investment group operating in Jordan, Saudi Arabia and Lebanon, has announced the launch of its $5 billion mixed-use development Abdali, said a report. Covering 384,000 sq m of land area,

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Middle East Payment Services seals Miyahuna deal

Middle East Payment Services (MEPS), a leading, innovative payment services provider in the Levant region, said it has signed a merchant agreement with Jordan Water Company (Miyahuna). As per the deal, MEPS will install point-of-s

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Global Hotel preferred bidder for Jordan airport

Jordan-based Global Hotel Group has been named preferred bidder for the construction and management of a transit hotel at the Queen Alia International Airport (QAIA) in Amman. The hotel, which will come up on 900 sq m area at the

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Global Hotel preferred bidder for Jordan airport

Jordan-based Global Hotel Group has been named preferred bidder for the construction and management of a transit hotel at the Queen Alia International Airport (QAIA) in Amman. The hotel, which will come up on 900 sq m area at the

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Mahmoudia launches complimentary services

Mahmoudia Motors, the sole and official dealer of the Jaguar and Land Rover brands in Jordan, has launched a complimentary service campaign on Jaguar and Land Rover vehicles.    The campaign will continue un

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Experts discuss Mena telecom growth strategy

More than 520 senior executives from 175 regional and global media and telecom companies are taking part in the 11th annual convergence summit which opened today (June 2) in Amman. Princess Sumaya bint El Hassan, the president of

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