Environment & Energy | Monday 1 July, 2019 11:54 am

First shipment of Iraqi crude oil expected this week

The first shipment of Iraqi crude oil is expected to arrive this week, Nael Thiabat, owner of Burj Al Hayat Transport and Trading Co., the company that had won the tender to transport 500,000 tonnes of Iraqi crude from Baiji in Iraq to the Jordan Petroleum Refinery Company (JPRC) in Zarqa...

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| Monday 1 July, 2019 11:52 am

ASEZA launches platform to connect investors

The Aqaba Development Company (ADC) and the technology hub iPARK have recently announced the launch of the Aqaba Special Economic Zone Authority’s (ASEZA) first platform connecting entrepreneurs in the Kingdom and abroad.   ADC CEO Bashar Abu Rumman and Executive Chairman of iPARK...

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Business & Money | Monday 1 July, 2019 11:46 am

GDP grows 2 per cent during first quarter of 2019

The Kingdom’s GDP witnessed 2 per cent growth during the first quarter of 2019, compared with same period of 2018, the Jordan News Agency, Petra, reported.   Meanwhile, the GDP witnessed 1.9 per cent growth during the entirety of 2018 when compared with...

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Business & Money | Monday 1 July, 2019 11:20 am

‘noon.com is YOUR company’ Mohamed Alabbar speaks at noon.com’s first seller event in Riyadh

noon.com, the home-grown digital marketplace, held an event to celebrate its sellers in Riyadh, KSA, recently. The e-commerce platform is helping transform the businesses of small and medium local companies, enabling sellers in Saudi to deliver across the Kingdom, giving them the tools they need to ...

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Business & Money | Monday 1 July, 2019 11:16 am

Moody's: Jordanian public debt on the road to gradual decline

Moody's said Jordan's stable credit rating (B1) would become more flexible with the resumption of financial consolidation this year and proposed structural reforms.   The resumption of fiscal consolidation is expected to put Jordan's public debt ratio on the path of gradual...

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Beauty & Style | Monday 1 July, 2019 11:05 am

Introducing the World’s Lightest Suit from SUITSUPPLY

Unlined and completely unconstructed, the World’s Lightest Suit from Suitsupply reimagines their adaptable Havana fit to create the undisputed standout of the Spring/Summer 2019 collection. Not compromising on style, this suit features flap pockets, notched lapels and a pleated...

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Business & Money | Monday 1 July, 2019 11:00 am

Saudi Port Handles 500K Containers by Remote Control

The regional executive director of international port operator Hutchison Ports, Andy Tsoi, was in Saudi Arabia on Saturday to discuss his company’s joint-venture partnership with the Maritime Company for Navigation (MACNA), International Ports Services — the largest concession at the...

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Business & Money | Monday 1 July, 2019 10:00 am

Liberty completes the acquisition of European steel assets ArcelorMittal in a deal that will cut 740 million euros

Liberty Steel, part of Sanjeev Gupta’s global GFG Alliance, today completed the acquisition of seven major steelworks and five service centres across seven European countries from ArcelorMittal.  The €740 million deal makes Liberty Steel one of the top ten producers...

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Business & Money | Monday 1 July, 2019 10:00 am

SAMI Announces JV Agreement with Korean Conglomerate

Reinforcing its commitment to the localization of the domestic military industries, Saudi Arabian Military Industries (SAMI) on Sunday announced that it has signed a Memorandum of Agreement (MoA) with a Korean conglomerate to explore the formation of a joint venture company (JVC) in Saudi...

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Government | Monday 1 July, 2019 9:00 am

Japan-Islam ties in focus as Saudi Crown Prince tours G20 host country Previous

Furat Bantan is a Saudi translator who has been working in Japan for the past 13 years. He says his life’s goal is simple: To become one of the best Arab translators of the Japanese language and eventually to become a bridge between the Arab world and Japan. Bantan is currently a translator...

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