Business
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Jordanian Exports Seek to Strengthen Their Presence in European Markets
Al-Taj News – European markets are no longer merely a new destination for Jordanian exports, but have become a platform where national products are gradually establishing their presence, as the Kingdom moves from simply gaining access to these markets toward strengthening its positioning within them, building deeper production and investment partnerships, and integrating into European value chains. The Jordanian-European Investment…
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Jordan Kuwait Bank Sponsors and Participates in Arab Regional Conference on “Supporting Development and Investment in Syria”
Al-Taj News – Jordan Kuwait Bank sponsored the Arab Regional Conference on Supporting Development and Investment in Syria, organized by the Union of Arab Banks in cooperation with the Central Bank of Jordan, the Association of Banks in Jordan, and the Jordanian Businessmen Association, under the title “Arab Economic and Banking Partnership to Support Development and Investment in Syria.” The…
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Iraq: Fuel Oil Exported Through Jordan to Global Markets
Al-Taj News – Iraqi Ministry of Oil spokesman Salim Al-Rikabi said that the Ministry of Oil, through the Iraqi Oil Marketing Company (SOMO), has contracted with companies that purchase fuel oil products on an “ex-warehouse” basis and export them through the Port of Aqaba and via Jordanian territory. Al-Rikabi added that the quantities of fuel oil exported through Jordan are…
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PBI Aqaba Industrial City and China’s Hongdu Sign Framework Agreement for Strategic Cooperation
Al-Taj News – PBI Aqaba Industrial City and China’s Jiangsu Hongdu Energy Technology Co., Ltd. signed a framework agreement for strategic cooperation aimed at enhancing investment and industrial cooperation and exploring new opportunities in the industrial, technology, and energy sectors, contributing to attracting high-quality investments to the Aqaba Special Economic Zone. The agreement was signed at the Aqaba Development Corporation…
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Banks Association and “Phosphate” Support Development Projects in the Baptism Site Area
Al-Taj News – The Association of Banks in Jordan and the Jordan Phosphate Mines Company provided financial contributions to support a group of projects related to the development of lands adjacent to the Baptism Site of Jesus Christ, “Al-Maghtas,” and Bethany Village, as part of preparations for 2030, which marks 2,000 years since the baptism of Jesus Christ. The Development…
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EU Fines Google More Than $400 Million for Violating Data Protection Rules
Al-Taj News – The Irish Data Protection Commission on Monday announced a €403 million ($462 million) fine against Google for violating rules concerning users’ location data, on behalf of the European Union. The Irish authority responsible for enforcing the bloc’s rules in this area said the technology giant violated the General Data Protection Regulation between May 2018 and February 2020.…
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Meta Shares Gain $192 Billion in One Day, While “Greenland” Stocks Soar
Al-Taj News – The major US stock indexes closed broadly higher in a strong Monday session, driven by a broad rally led by the technology sector, supported by a decline in yields on benchmark US Treasury bonds from elevated levels to below 5%, alongside falling oil prices. Brent crude prices fell to their lowest level in nearly two weeks amid…
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Energy Ministry: Gas Supply to Lebanon Has Not Begun; Contractual Quantity Estimated at 2 Million Cubic Meters per Day
Al-Taj News – The Ministry of Energy and Mineral Resources said that the daily contractual quantity for supplying the Lebanese Republic with natural gas is estimated at around 2 million cubic meters per day, stressing that gas supplies to Lebanon have not yet begun. The ministry added that the required daily quantities will be determined after the Lebanese side confirms…
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Investment Minister Inspects Investment Projects in Al-Rawda Industrial Area in Ma’an
Al-Taj News – Minister of Investment Tareq Abu Ghazaleh on Sunday inspected a number of existing investment projects in the Al-Rawda Industrial Area, affiliated with the Ma’an Development Area, to review the progress of work, expansion plans, and investors’ needs. During the visit, which took place on the sidelines of a Cabinet session held in Ma’an Governorate, Abu Ghazaleh reviewed…
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