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Jordan receives 1st installment of $845mln U.S. grant

stocks news Jordan has received an installment of $699.9 million out of a $845-million annual U.S. grant, the Ministry of Planning and International Cooperation announced on Monday. The ministry said the installment, including $350 million for the Jordan Response Plan to the Syrian refugee crisis, was channeled to the state’s treasury. It noted that the …

Jordan receives 1st installment of $845mln U.S. grant قراءة المزيد »

UNICEF scales up support for water, sanitation, hygiene in schools ahead of reopening

stocks news UNICEF has scaled up its water, sanitation and hygiene support to the Ministry of Education ahead of school reopening this week with a donation of half a million soap bars, infection prevention and control training, and critical water and sanitation infrastructure projects to help keep students safe and healthy. “Ensuring that children who …

UNICEF scales up support for water, sanitation, hygiene in schools ahead of reopening قراءة المزيد »

Stocks edge lower at open

stocks news The Amman Stock Exchange (ASE) opened Tuesday trading session lower at 1,572 points from its last session closure of 1,573 points. In the first hour of today’s trading session, the index ranged between 1,572 and 1,575 points at a trading value of JD796,000.

European stocks higher as dovish Fed boosts sentiment; UK closed, Telecom Italia up 2%

Stocks News European stocks were higher on Monday as dovish U.S. monetary policy signals gave a boost to global risk assets. Most major European bourses were higher as global market players were betting supportive monetary policy measures will continue to buoy stocks despite the economic damage of the coronavirus pandemic. Last week, the Fed, which …

European stocks higher as dovish Fed boosts sentiment; UK closed, Telecom Italia up 2% قراءة المزيد »

TikTok denies it’s in talks with rival app Triller over potential bid for its U.S. operations

Stocks News Chinese-owned TikTok is not in talks to sell its U.S. business to rival short-video-sharing app Triller, the company told CNBC on Monday. “We can confirm that we are not and will not be in talks with them. Still, we are flattered by how much they admire TikTok,” a spokesperson for TikTok said. Still, Triller executive …

TikTok denies it’s in talks with rival app Triller over potential bid for its U.S. operations قراءة المزيد »

Amman stocks edge lower at open

Stocks News The Amman Stock Exchange (ASE) opened Monday trading session lower at 1,573 points from its last session closure of 1,574 points. In the first hour of today’s trading session, the index ranged between 1,572 and 1,573 points at a trading value of JD781,000.

Jordan receives $1.7bln in foreign aid, soft loans in 7 months

Stocks News The total amount of foreign assistance, grants and soft loans committed to Jordan by donor countries and financing institutions stood at $1.7 billion in the first seven months of 2020, according to data by the Ministry of Planning and International Cooperation. The figures, released on Monday, indicated that the Kingdom had received $589 …

Jordan receives $1.7bln in foreign aid, soft loans in 7 months قراءة المزيد »

European markets dip into negative territory ahead of speech by Fed’s Powell

Stocks News European markets turned negative Thursday morning, losing recent positive momentum, as investors focused on the forthcoming speech by the Federal Reserve’s Chairman Jerome Powell. The pan-European Stoxx 600 index opened marginally higher before dipping into negative territory to trade 0.12% lower. Shares of French conglomerate Bouygues were up 2.3% after it reported a lower-than-expected operating loss in …

European markets dip into negative territory ahead of speech by Fed’s Powell قراءة المزيد »

Pandemic profiteer: Jeff Bezos’ fortune skyrockets to nearly $200 BILLION

Stocks News Amazon stock’s surge during the coronavirus pandemic is making its boss Jeff Bezos richer every week. He is now closer than ever to the historic title of first person to be worth $200 billion. Amazon stock gained about 1.2 percent to close at $3,346 per share on Tuesday, and continued to climb higher …

Pandemic profiteer: Jeff Bezos’ fortune skyrockets to nearly $200 BILLION قراءة المزيد »

Jordan’s exports to GAFTA countries decline in first-half of 2020

Stocks News Jordan’s national exports to countries of the Greater Arab Free Trade Area (GAFTA) in the first-half of 2020 dropped by 2.1 percent to JD907 million, compared with JD926 million in the same period of 2019, the Department of Statistics (DoS) announced on Thursday. The monthly DoS report, showed that imports from member states …

Jordan’s exports to GAFTA countries decline in first-half of 2020 قراءة المزيد »

Stocks start trading on higher note

Stocks News The Amman Stock Exchange (ASE) on Thursday opened trading with a rise to 1,572 points compared to 1,571 points of last session closure. The market index fluctuated between 1,571 points and 1,572 points in the first 15 minutes of today’s session with a trading value of JD1.2 million

India wants all the coking coal & anthracite Russia can deliver

Stocks News New Delhi plans to boost imports of coking coal, anthracite, and pulverized coal from Russia to 40 million tons per year. The supplies, worth around $4.5 billion, are intended to meet the needs of India’s steel industry. The news was first reported by Kommersant business daily on Monday. According to its sources, Russian …

India wants all the coking coal & anthracite Russia can deliver قراءة المزيد »

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