Business
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Former Minister Mansour: Jordan Has Gas Reserves in Risha Field That Could Rank It Sixth Globally
Al-Taj News – Former Minister of State for Economic Affairs Yousef Mansour said that Jordan has gas reserves in the Risha field that qualify it to rank sixth globally, according to him. Mansour added that Jordan needs to establish the necessary pipelines to transport the gas to industrial and residential communities.
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Starting With Banks… U.S. Treasury Secretary Expects New U.S. Sanctions to Be Imposed
Al-Taj News – U.S. Treasury Secretary Scott Bessent said Monday that the Treasury Department is likely to announce new weekly secondary sanctions aimed at increasing economic pressure on Iran, initially focusing on banks. After sanctions were imposed Friday on a branch of Egypt’s Banque Misr in the UAE over reported financial ties to Iran, Bessent said in an interview that…
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S&P Affirms Jordan’s Credit Rating Despite Regional Conditions
Al-Taj News – S&P Global Ratings announced that it had affirmed Jordan’s long-term sovereign credit rating in both local and foreign currencies at BB-, with a stable outlook, despite the regional conditions that have negatively affected most countries. In its report issued Friday, the agency noted that the affirmation was driven by the resilience of the Jordanian economy in the…
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Orange Jordan Family Celebrates the 2026 High School Excellence of Employees’ Children
Orange Jordan celebrated a new achievement in the success journey of its employees’ children, honoring 42 students who attained outstanding results in the 2026 Tawjihi and international program examinations. The recognition took place at an internal event held at the company’s headquarters, attended by its CEO, Eng. Philippe Mansour, alongside several members of the Executive Committee, employees, and the students’…
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Orange Jordan Launches an Unprecedent Home Experience Combining Education, Entertainment, and Sports with High-Speed Internet
“Spending Time at Home Just Got Better” Orange Jordan launched its “Spending Time at Home Just Got Better” campaign, introducing a distinguished range of Fiber and 5G Home offers in conjunction with the beginning of the new academic year alongside the 2026-2027 sports season. Bringing together education, entertainment, sports, and connectivity, this step unlocks an integrated digital experience that responds…
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Consumer sentiment edges up to near pre-Iran war level
Consumer sentiment rose slightly in August to close to the level it stood at before the Middle East conflict stoked concerns about the cost of living, a survey showed. The Credit Union Consumer Sentiment Survey rose to 63.2 from 61.6 in July. The index stood at 65.2 in February before dropping to a 40-month low of 53.3 in April following…
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Mortgage approvals reached 15-year monthly high in July
Mortgage approvals reached their highest monthly levels in at least 15 years in July, latest figures from Banking & Payments Federation Ireland (BPFI) show. BPFI said first-time buyers (FTBs) continued to drive approvals, accounting for over half (3,575) of the 6,253 mortgages approved during the month. The total number of approvals was 14.4% higher than July 2025. Those remortgaging and…
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Stripe, Advent consortium said to drop pursuit of PayPal – Bloomberg
A consortium of payment processor Stripe and buyout firm Advent has decided to abandon its pursuit of fintech pioneer PayPal, Bloomberg News has reported, citing people familiar with the matter. PayPal, Stripe and Advent declined to comment on the Bloomberg report. The payments company, once the crown jewel of American financial technology, received a $60.50-per-share bid from Stripe and private…
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Zain Sponsors the Desert Screening of “Shadow of the Falcon” in Wadi Rum
Amman, August 27th, 2026: Zain Jordan sponsored the desert screening of the film “Shadow of the Falcon”, held in Wadi Rum in cooperation with the Royal Film Commission – Jordan, as part of the activities of Amman International Film Festival – Awal Film. The screening was attended by HRH Princess Rym Ali, HRH Prince Abdullah bin Ali, and HRH Princess…
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Unexpected chat between OpenAI agents led to Hugging Face hack
When more than 1,200 artificial intelligence (AI) agents within OpenAI started unexpectedly communicating, it led to a large group banding together in order to hack into Hugging Face. “We consider this incident a ‘warning shot’ for us and for the world”, OpenAI, which owns ChatGPT, wrote in its report. In July, OpenAI’s models went rogue during a test, escaped the…
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