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Jordan bit hard by energy crisis

In the long run, Jordan hopes to find oil sale and natural gas reserves large enough to reduce its dependence

April 4, 2013 10:59

Jordan’s King Abdullah reappoints Ensour

In the meantime, his existing cabinet will continue as a caretaker government.

March 10, 2013 8:18

Jordan gets loan to ease youth unemployment

There are at least 50,000 new entrants to Jordan's labour market every year.

March 7, 2013 8:44

Jordan wants energy self-sufficiency

The Kingdom's energy minister says Jordan is 'literally unexplored in a way that gives us a lot of hope'.

March 6, 2013 9:46

Jordan buys 100,000 tonnes milling wheat; Russians absent

Jordan's state grain buyer has bought 100,000 tonnes of wheat in an international tender for the same volume that closed on Wednesday, a trade ministry official said, while a trader said the grain appeared to be from Ukraine.

September 13, 2012 10:21

PE firm buys 6.6 percent of Jordan Dubai Islamic bank

Jordan-based private equity firm Foursan Group has acquired a 6.6 percent stake in Jordan Dubai Islamic Bank, making it the bank's second largest stakeholder, Foursan said on Thursday.

September 6, 2012 5:42

Arab bank chairman quits, in dispute with CEO

The chairman of Jordan-based Arab Bank, Abdel Hamid Shoman, resigned on Thursday after a dispute with key shareholders and the bank's CEO, several sources inside the bank said.

August 16, 2012 3:56

Jordan and Morocco get approved loans

IMF mission chief to Morocco, Dominique Guillaume, said the country's international reserves were still at a "comfortable level" and their decline was due to seasonal factors

August 4, 2012 7:00

Hong Kong fund snaps up Jordan Dubai capital

Jordan Dubai Capital said that Hong Kong-based HPF private investment fund had wholly acquired its shares in a deal worth $130 million.

July 9, 2012 11:10

Jordan defers wheat tender until July 17

Jordan has postponed a tender to buy wheat for a second time as it waits to see how grain markets react to the worst U.S. Midwest drought in nearly a quarter of a century.

July 8, 2012 4:28

Jordan private sector loans rise to $23.4billion in May

Outstanding private sector loans made by the country's 23 commercial banks stood at 16.2 billion dinars at the end of December 2011, Central Bank of Jordan (CBJ) data obtained by Reuters showed.

July 4, 2012 6:15

Jordan hikes gasoline, power prices to ease budget deficit

Jordan has raised the price of gasoline and electricity for major mining firms, hotels and banks, to ease its worsening budget deficit that could reach $4 billion this year, officials said on Saturday.

May 27, 2012 11:47

Jordan to Import More Fuel Oil Due To Pipeline Disruption -Traders

Jordan Petroleum Refinery Co is importing more fuel oil and gas oil for power generation, as continued attacks on a pipeline running through Egypt, Israel and Jordan disrupt natural gas supply, industry sources said on Tuesday.

April 10, 2012 2:56

Batelco buys Jordan 3G telco licence for $70M

Batelco Group has bought a third-generation (3G) telecoms licence in Jordan for 50 million dinars ($70 million), the Bahraini operator said in a statement on Tuesday.

January 25, 2012 1:53

IFC plans $1B MENA investments by end-June

International Finance Corp., a unit of the World Bank, plans to invest close to $1 billion by the end of June in countries including Egypt, Iraq, Jordan and Libya, its regional director said on Sunday.

January 15, 2012 2:45