Business

Amman Stock Exchange General Index Rises 0.77%

Al-Taj News – The general index of share prices on the Amman Stock Exchange rose at the close of last week to 4,124.7 points, compared with 4,093.0 points in the previous week, an increase of 0.77 percent. The financial sector index rose by 0.84 percent, the services sector index by 0.71 percent, and the industrial sector index by 0.66 percent.…

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Most Notably Carpets: Al-Hayajneh Calls on Traders to Boycott Iranian Products

Al-Taj News – Former Member of Parliament and former President of the Furniture Traders and Producers Association Sharaf Al-Hayajneh called on those working in the commercial sector, as well as carpet traders and traders of various materials and commercial products, to boycott Iranian products, against the backdrop of what he described as “Iranian aggression” and threats targeting the security and…

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Mafraq: Proposed $900 Million Power Plant

Al-Taj News – The International Finance Corporation (IFC) has revealed a proposed project to finance a new power generation plant in the Al-Khanasri area of Mafraq Governorate, with a generation capacity of up to 700 megawatts and an estimated total cost of approximately $900 million, while the proposed financing from the corporation for the project amounts to $200 million. According…

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Jordanian Exports to the European Union Reach Nearly JD 318 Million in Six Months

Al-Taj News – The Jordan Chamber of Industry affirmed that the Jordanian-European Investment Conference represents an important milestone in moving economic relations between Jordan and the European Union from traditional trade cooperation toward deeper investment and production partnerships, contributing to strengthening manufacturing, technology transfer, added value, employment, and exports. The chamber explained that the conference provides a platform to showcase…

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Orange Jordan Launches Training Program to Empower Youth with Disabilities for 2ndConsecutive Year

Orange Jordan has announced the opening of registration for a new edition of the “Qadroon” Training Program, in partnership with Ablers, a social enterprise dedicated to the training and inclusion of persons with disabilities. This initiative aims to empower youth with disabilities, develop their digital and professional skills, and enhancetheir opportunities for integration into the labor market. This edition of the program targets 40 young women and men with disabilities…

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U.S. Energy Secretary: Gulf Oil Flows Reach 18 Million Barrels in a Single Day

Al-Taj News – U.S. Energy Secretary Chris Wright said that around 18 million barrels of oil flowed from the Gulf in a single day, noting that flows had returned to pre-war levels. In an interview with Fox News, Wright added that oil flows from the Gulf had reached record levels, with around 18 million barrels passing through on Tuesday, close…

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Production Halted at Three Libyan Oil Fields Following Forced Closure of a Main Valve

Al-Taj News – Libya’s National Oil Corporation said on Tuesday that production at three oil fields had been halted after a group of facility guards forcibly and illegally shut a main transportation pipeline valve. The corporation did not state the motive behind the action, warning that it may have to declare “force majeure if the closure of this valve continues,…

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Oil Loading Suspended at Saudi Arabia’s Yanbu Port

Al-Taj News – Shipping sector sources said on Tuesday that oil loading operations at Saudi Arabia’s Yanbu port on the Red Sea had been suspended, days after Saudi Arabia, the world’s largest exporter of crude oil, shut down the East-West Pipeline due to an attack carried out by the Iran-aligned Houthi group in Yemen. Saudi Aramco increased its use of…

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