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Jordan Telecom Group Result Flash - February 2010
Global Investment House -Thursday, February 11, 2010

Jordan Telecom Group (JTEL) recorded consolidated revenue of JD400.1mn for the year 2009, a decline of 0.3% over JD401.4mn reported in 2008.

Country : Jordan
Report Type : Equity Valuation
Report Date : Thursday, February 11, 2010
Provided by : Global Investment House Global Investment House
Report Size : 160 KB
  Jordan Telecom Group Result Flash - February 2010
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Projects benefitting from Investment Law total JD865 million The Investment Law and its incentives and exemptions have benefitted investements with a total volume of JD865 million in 2017, Minister of State for Investment Affairs Muhannad Shehadeh said on Sunday.Shehadeh, who is also the chairman of the Jordan Investment Commission (JIC), said that of these investments, local investments accounted for JD691 million, standing at 80 per cent, while foreign investments constituted 20 per cent at JD174 million, according to a JIC statement.The minister added that industrial investments in 2017 constituted 32.2 per cent of the total investments that benefitted from the law. He noted that the number of schemes that benefitted from the Investment Law’s Article 8/A in 2017 increased to 418, compared to 406 in 2016
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Amman Stock Exchange Daily Report - March 18 2018
JD30m grain re-exporting facility to be built in Aqaba Jordan is building a facility for re-exporting grain, including wheat and barley, to neighbouring countries, the Aqaba Development Corporation (ADC) said on Saturday.The facility is being built as part of a JD30 million project already under implementation to double the storage capacity of Aqaba silos, Mohammad Dardasawi, chief officer for ports development and construction at ADC, told The Jordan Times on Saturday.“This is the first time we are building such a facility in Jordan and we are building it upon a request by traders from the private sector as there is an increasing demand from neighbouring countries. The facility will be used for re- exporting grains to several countries including Iraq and Syria,” Dardasawi added.Under the project, the storage capacity of the Aqaba silos will be increased from 100k metric tonnes at present to 200k metric tonnes.The project is expected to be completed by the end of 2019, he said.
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Amman Stock Exchange Daily Report - March 07 2018
JCD opens foreign cars department in Irbid Jordan Customs Department (JCD) Director General Maj. Gen. Waddah Hmoud on Tuesday opened the foreign cars department in Irbid’s Al Hassan Industrial Estate customs after completing the necessary measures, including supplying it with qualified and trained employees, the Jordan News Agency, Petra, reported.Hmoud said that opening this department will ease the burden on foreigners residing in the northern regions of Jordan, noting that they used to have to visit the foreign cars department in Amman Customs.It will also facilitate investment and assist Arab and foreign visitors, as well as students coming to the Kingdom for temporary residence. Hmoud added that the establishment of this department will also reduce the burden on the foreign cars department in Amman Customs, which is overcrowded during the summer and holidays.This, in turn, will have a significant impact on the satisfaction of the service recipients, he added
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Jordan, Brazil set to expand economic relations His Majesty King Abdullah on Sunday met with Brazilian Foreign Minister Aloysio Nunes, a Royal Court statement said.During the meeting, Nunes handed His Majesty a letter from Brazil President Michel Temer that tackled ways to improve bilateral relations between the two countries. His Majesty stressed Jordan’s keenness to boosting cooperation with Brazil, especially in the economic field. Talks covered Jordan's strengths as an investment destination, including its strategic location, which makes it a candidate to serve as a gateway into regional, African and Asian markets. King Abdullah and Nunes also discussed the prospects of signing an agreement to encourage investment between the two countries.They went over ways of benefiting from the Mercosur economic bloc, which brings together Brazil, Argentine, Uruguay and Paraguay.
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Drop in fuel prices announced The government’s fuel pricing committee on Wednesday decided to lower the prices of unleaded 90-octane gasoline and diesel by JD0.005 per litre and unleaded 95-octane gasoline by JD0.015 as of Thursday.The committee also decided to maintain the price of kerosene at JD0.520 per litre and the price of gas cylinders at JD7, the Jordan News Agency, Petra, reported. The price of one litre of unleaded 90-octane gasoline will go down during March to JD0.760, down by 0.7 per cent from February’s price, which stood at JD0.765 per litre.The price of unleaded 95-octane gasoline will mark a 1.5-per cent drop, selling at JD0.985 per litre, compared to JD1 last month.The price of diesel will drop to JD0.560 per litre, down by 0.9 per cent, compared to JD0.565 in February.
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DisclaimerAwraq Investments and its affiliates obtain information from sources they believe to be reliable, but do not warrant its accuracy or fitness for a particular purpose, and disclaim for themselves and their information providers all liability arising from the use
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