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Air Arabia Q4 net profit falls 30 per cent

The airline's 2014 annual profit was AED552.9m, up from AED420.7m in 2013

February 15, 2015 3:05

Air Arabia may lease aircraft after Jordan expansion

The budget carrier announced this month it had bought a 49 per cent stake in Jordan's Petra Airlines, which will be rebranded as Air Arabia Jordan

January 19, 2015 4:03
headlights on a dark highway

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 - Illustrative Purposes Only

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 for unemployment

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
Bridge in Amman, Jordan

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
Abdel Hamid Shoman

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
IMF Jordan Loan

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