Business
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US Reveals Cost of War with Iran
Al-Taj News – The Inspector General of the U.S. Department of War revealed that the cost of the war with Iran had reached around $33.4 billion as of June 30. He noted that Operation “Epic Fury” caused shortages in ammunition stockpiles, in addition to bottlenecks in supply chains, placing additional pressure on U.S. logistical and military capabilities. According to the…
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Sharp Losses Hit U.S. Stocks as Bank of America Loses $22 Billion in One Day
Al-Taj News – U.S. markets saw sharp declines, with shares of several major companies, particularly chipmakers, suffering significant losses, while Bank of America’s shares lost around $22 billion in market value in a single day. The sell-off coincided with consecutive losses for the Dow Jones Industrial Average, which has shed around 1,300 points over the past six sessions, amid growing…
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70% of Buildings in Jordan Were Built Before Energy Efficiency Codes Were Adopted
Al-Taj News – Minister of Energy and Mineral Resources Dr. Saleh Al-Kharabsheh chaired on Monday a meeting of the Public-Private Partnership Council for the energy sector to discuss the National Roadmap for Buildings and Construction in Jordan, which was prepared within the framework of the Jordanian-German Energy Partnership in cooperation with the German Energy Agency (dena), and aims to reduce…
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Jordan Ahli Bank Sponsors Red Bull Car Park Drift Event and Supports Mira Al-Tarzi’s Participation
Al-Taj News – Jordan Ahli Bank announced its sponsorship of the Red Bull Car Park Drift event, which will be held at the Dead Sea on October 2, 2026, in addition to supporting the participation of Jordanian drift driver Mira Al-Tarzi, an automotive engineering graduate and Jordan’s first female drift driver. The sponsorship comes as part of the bank’s interest…
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Oil Prices Rise by Nearly 3% at the Start of Trading
Al-Taj News – Oil prices rose by nearly 3 percent at the start of trading this week, with the price of Brent crude reaching $107 per barrel, while U.S. crude surpassed the $102 level. Market data indicated that this rise at the opening of weekly trading comes amid escalating regional tensions and growing concerns over energy supplies and the security…
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Aqaba Port: All Port Operations Continue Efficiently and Smoothly
Al-Taj News – The Director General of the Aqaba Company for the Management and Operation of Ports, Mahmoud Khalifat, received on Sunday a Chinese delegation representing “Sinoma” Shipping and “Nanjing” International Logistics, which relies on Aqaba Port for its commercial and logistics operations. According to a statement by the company, Khalifat, in the presence of the company’s Operations Director Mohammed…
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Inflation in Jordan at 2.2% During the First 8 Months of the Current Year
Al-Taj News – The Department of Statistics issued its monthly report on the general Consumer Price Index for August 2026, showing that the inflation rate for the first eight months of the current year reached 2.20% compared with the same period in 2025, reflecting the continuation of inflation levels within moderate ranges during the current year. On a monthly basis,…
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“Investor Protection” General Assembly Re-elects Its Administrative Board for the Next Term
Al-Taj News – The General Assembly of the National Association for Investor Protection elected, last week, the association’s administrative board for the next term, which will last four years. Based on the achievements of the previous administrative board, the General Assembly decided to re-elect the same members. In a subsequent meeting of the administrative board, Eng. Eid Saleh Al-Assaf was…
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83 Patents Registered in Jordan Since the Beginning of the Year
Al-Taj News – The number of patents registered since the beginning of the year through the end of last August reached 83, two of which were local. According to data from the Directorate of Industrial Property Protection at the Ministry of Industry, Trade and Supply, the number of registered trademarks reached 4,875 by the end of last August, while the…
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Jordan and Russia Agree on Practical Steps to Increase Trade and Investment
Al-Taj News – Jordan and the Russian Federation have agreed on practical steps to enhance economic, trade, and investment cooperation between the two countries, increase the volume of trade exchange, and expand cooperation in a number of priority sectors, at the conclusion of the seventh session of the Jordanian-Russian Joint Intergovernmental Committee for the Development of Economic, Trade, Scientific, and…
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