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Category: Business

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…

Oil Pricing Committee raises October diesel, gasoline prices

The Oil Derivatives Pricing Committee Saturday raised the selling price of 90-octane gasoline for the month of October to JD0.975 per liter, instead of JD0.960, and the price of 95-octane gasoline to JD1.220 per liter, instead of JD1.205. It raised…

ASE index up 0.16%

The general index of stock prices on the Amman Stock Exchange (ASE) rose by 0.16 percent, ending the week’s trading at 2,414 points. The average daily trading volume last week was at about JD5.8 million, compared to JD3.6 million in the previous we…

Prosecution hands 4 charges to suspects of spoiled rice selling

The Public Prosecution charged the main suspects in the spoiled rice case with selling food unsuitable for human consumption, selling food unsafe for human use, expired food selling and selling food with unclear information tags. The Public Prosecu…

QatarEnergy Sets Fuel Prices for October

QatarEnergy announced Saturday the prices of diesel and gasoline in the State of Qatar for October, where the prices of diesel and Gasoline 95 and Gasoline 91 remained stable.

QatarEnergy has set the price of a liter of diesel at QR 2.05, the pric…

British economy grows 0.2% in second quarter

The UK’s GDP in the second quarter of 2023 increased by 0.2 per cent compared to the previous quarter.The British National Statistics Office said Friday the overall economy grew by 1.8 per cent in the second quarter of 2023, compared to what it wa…

Sterling rises against dollar

The British pound rose against the US dollar on Friday.According to British Financial centres’ reports, the pound rose Friday against the dollar to $1.223, while it stabilised against the euro at 1.153.The rise in sterling came after British data …

Inflation in France Reaches 4.9% YoY in September

The French National Institute for Statistics and Economic Studies revealed that the inflation rate in France recorded 4.9 percent in September on an annual basis.

The institute explained in a press release today that the one-year slowdown in the …

Crude prices record weekly gains

Oil prices varied during Friday’s trading session, but they are heading towards recording weekly gains of about two per cent amidst the scarcity of US supplies.Brent crude fell by about 0.21 per cent to $95.18 per barrel, while US crude futures ro…

Kuwaiti Crude Oil Prices Rise 91 Cents

Kuwait Petroleum Corporation announced today that the price of Kuwaiti crude oil climbed by 91 cents to $98.64 per barrel, compared to $97.73 per barrel on Wednesday.

Kuna reported today that brent futures in the international markets rose $1.17 …

QCB Issues Treasury Bills Worth QR 5.5 Billion

Qatar Central Bank (QCB) issued on Thursday treasury bills for maturity dates of a week, one month, three months, six months, and nine months worth QR 5.5 billion, indicating that the total bids amounted to QR 11.8 billion.

The QCB said, on its we…

Turkiye Signs Agreement to Export Natural Gas to Moldova

Turkiye announced the export of two million cubic meters of natural gas daily to Moldova, starting next October.

The Turkish Petroleum Pipeline Corporation (BOTAS) signed an agreement to export natural gas with East Gas Energy Trading Company, whi…

China’s Central Bank Adds Liquidity via Reverse Repos

China’s central bank conducted 101 billion yuan (about $14.07 billion) of seven-day reverse repos at an interest rate of 1.8% Thursday.

It also conducted 508 billion yuan of 14-day reverse repos at an interest rate of 1.95%.

The move aims to keep…

Oil Rises on Worries of Tight Global Supply

Oil prices rose in early Asian trade on Thursday after surging to the highest settlement in 2023 in the previous session as a steep drop in US crude stocks added to worries of tight global supplies.

Brent crude futures climbed 16 cents to $96.71 a…

21-karat gold price hits JD38.5 per gram in local market

Citizens in the local market continue to show strong interest in 21-karat gold, as its buying price on Thursday reached JD38.50 dinars per gram from jewelry stores, with a selling price of JD36.80.

The Jordan Jewelers Association has released its …

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