Tourism & Hospitality | Thursday 1 August, 2019 7:43 am

Summer Jordan continues its free activities in the provinces

  The Summer Jordan program continues its activities on a daily basis every Friday in all governorates of the Kingdom, within the framework of new programs that include Jordanian artists, children and family entertainment programs as well as cultural and recreational...

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Culture & Education | Thursday 1 August, 2019 7:37 am

Palestinian President honors Jordanian singer Omar Abdallat

Palestinian President Mahmoud Abbas on Wednesday awarded Jordanian singer Omar Abdallat the Order of Culture, Science and Arts the "level of brilliance". During a meeting with Abdallat in Ramallah, Abbas said this award comes in recognition of Abdallat's role in enriching Arab art, ...

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Healthcare | Thursday 1 August, 2019 7:33 am

Crown Prince checks on Hearing Without Borders beneficiaries

HRH Crown Prince Hussein on Wednesday checked on the quality of services at the Cochlear Implant Unit at Al Hussein Medical Centre, part of the Crown Prince Foundation’s (CPF) Hearing Without Borders initiative. The Hearing Without Borders initiative aims to provide medical support to the...

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Business & Money | Thursday 1 August, 2019 7:28 am

Arab Potash reports 48% revenue growth in first half of year

The Arab Potash Company (APC) has announced that its net profit after taxes, provisions and royalties amounted to JD78.2 million during the first six months of 2019, recording an increase of 48 per cent from the JD52.7 million generated during the same period last year. In a statement on...

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Environment & Energy | Thursday 1 August, 2019 7:20 am

EBRD to finance largest private-to-private solar project in Jordan yet

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday it would grant a $35-million financial package to support Jordan’s largest private-to-private solar project in Jordan yet. Under new regulations that allow private consumers to establish their own energy...

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Business & Money | Thursday 1 August, 2019 7:16 am

Royal Jordanian CEO says first half results show significant improvement in performance indicators

For the first time since 2007, Royal Jordanian (RJ) registered JD3.4 million profit from continuing operations in the first half of 2019 against JD11.1 million loss for the same period in 2018 and a net profit of JD1.5 million, according to RJ CEO Stefan Pichler. During a press conference held...

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Tourism & Hospitality | Thursday 1 August, 2019 3:04 am

Jeddah Season & Red Sea Mall Season, a variety of events and entertainment

Red Sea Mall rewarded Jeddah Season through a Diamond sponsorship along with several strategic partners, mainly the Jeddah Chamber of Commerce and Industry and The Saudi Telecom Company. The Saudi Season tends to conduct numerous entertainment events and activities in order to transfer the Kingdom...

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Government | Thursday 1 August, 2019 2:00 am

SAMA's decision on repo and reverse repo rates

SAMA has decided to lower its repo rate from 300 basis points to 275 basis points, and its reverse repo rate from 250 basis points to 225 basis points with immediate effect. Rate adjustments are in line with SAMA's objective of preserving monetary stability. ...

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Tourism & Hospitality | Thursday 1 August, 2019 1:40 am

First American airline flight in 22 years arrives in Saudi Arabia

The first American airline flight to arrive in Saudi Arabia since 1997 landed in Jeddah on Wednesday carrying 168 Hajj pilgrims. The Miami Air chartered flight from Ohio touched down at King Abdulaziz International Airport on Wednesday afternoon, a General Authority of Civil Aviation (GACA)...

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Business & Money | Thursday 1 August, 2019 1:30 am

NCB achieved SAR 6.2 billion net income for the First Half of 2019,

The National Commercial Bank announced that its net income before calculating Zakat and income tax for the first half of 2019 reached SAR 6,239 million compared to SAR 5,653 million for the same period of the previous year, with an increase of SAR 585 million and a growth of 10.4%. Moreover,...

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