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Category: Business

Investment promotion task force holds 1st meeting

The Ministry of Investment held the first meeting of the Joint Jordanian Working Group (Team Jordan), headed by Investment Minister Kholoud Saqqaf with the participation of more than 30 ministries, public entities, free zone development companies …

Jewelry, chemical exports show strong growth in 7 months

Jordan’s exports of jewelry and chemical products in the first seven months of the year surged dramatically, prompting growth in the overall value of national exports.Foreign trade data released on Monday by the Department of Statistics (DoS) show…

China’s Bond Market Issuances Hit $923.42 Billion in August

Bond issuances in China totaled 6.63 trillion yuan ($923.42 billion) in August, data from the Chinese central bank showed.

Treasury bond issuances stood at 922.42 billion yuan, while local government bond issuances amounted to 1.31 trillion yuan,…

QSE Index Surges by 0.40 Percent

Qatar Stock Exchange (QSE) general index rose at the end of Monday’s trading by 40.94 points, about 0.40 percent, to reach 10,257.09 points.

During today’s session, 173,442,665 shares were traded, with a value of QR 455,482,814.622 via implementi…

Muscat Stock Exchange Closes Higher

The Muscat Stock Exchange (MSX) general index (30) closed Sunday at 4,760.67 points, up by 47.03 points, or 1.00 percent, compared to the last trading session, which closed at 4,713.64 points.

The trading value reached RO 4,049,235, a decrease of 73….

Mafraq exports 500,000 sheep to Saudi Arabia

Mafraq Governorate announced Monday that it has exported 500,000 sheep to the Saudi market following a Saudi decision to lift the ban on Jordanian livestock exports on June 15.Director of Mafraq Agriculture Department Ebtihal Khreisha told the Jor…

China Development Bank Steps Up Loan Support for Transport

The China Development Bank has provided loans worth more than 530 billion yuan (about $73.82 billion) to support the transportation sector in China since the beginning of this year.

The loans mainly supported a batch of major transport infrastruc…

Irbid exports in September hit $88mln

Irbid Governorate’s exports for September sustained a 19 per cent decrease from $107.9 million last year to $88 million, according to the total value of certificates of origin issued by the Irbid Chamber of Industry.Chamber President Hani Abu Hass…

GDP up 2.6pct in Q2 of 2023

The Gross domestic product (GDP) at current and constant market prices grew by 2.6 percent in the second quarter of 2023 compared to the same period last year.The Department of Statistics’ (DoS) quarterly report released on Monday indicated that t…

QSE Index Rises 52.09 Points at Start of Trading

The general index of Qatar Stock Exchange rose 52.09 points, 0.51%, to reach the level of 10,268 points at the beginning of trading on Monday compared to yesterday’s closing.

The positive performance of QSE general index was supported by a rise i…

Nigeria Increases Wages as Strike Looms

Nigeria’s President Bola Tinubu has announced a six-month increase to the minimum wage as workers are set to start an indefinite strike.

The president’s $32 increase only brings a monthly minimum salary to $70, while unions want the monthly wage …

ACC reports surge in certificate of origin values for exports

The Amman Chamber of Commerce (ACC) has revealed a significant growth in the worth of certificates of origin granted for exporting goods and products to both Arab and foreign countries in the initial nine months of 2023.According to data, these ce…

S. Korea’s Exports Down for 12th Month in September

South Korea’s exports fell for the 12th consecutive month in September but logged the smallest on-year decline so far this year, as global demand for semiconductors has been on the recovery track, the industry ministry said Sunday.

Outbound shipm…

Qatar Chamber, Uzbek Counterpart Sign Cooperation Agreement

Qatar Chamber (QC) signed a cooperation agreement with the Chamber of Commerce and Industry of Uzbekistan.

Vice Chairman of QC, Mohamed Bin Ahmed Twar Al Kuwari, signed for the Qatari side, while Chairman of the Chamber of Commerce and Industry (…

JLGC inks industrial support, development program agreements

The Jordanian Loan Guarantee Corporation (JLGC) has commenced the signing of agreements for the Export Credit Guarantee Program, which is part of the initiatives offered by the Industry Support and Development Fund under the Ministry of Industry, …

Zarqa re-exports at JD18.8M in September

The value of re-exports of factories and companies in Zarqa governorate amounted to JD18.811 million during September 2023, according to Chairman of the Zarqa Chamber of Commerce Hussein Shreim.Shreim added in a statement on Sunday that Zarqa expo…

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