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Mideast conflicts to leave 'lasting scars' - IMF
Oct 31, 2024
DUBAI  — Gaza, Lebanon and Sudan will take decades to recover from the conflicts raging on their soil, the International Monetary Fund said on Thursday after downgrading the region's growth forecast. Israel's military actions against Hamas in the Gaza Strip and Hezbollah in Lebanon, and Sudan's civil war would have enduring impacts, the I ...
'Potash' reports net profit of JD153m in Q3 2024
Oct 30, 2024
AMMAN — The Arab Potash Company announced on Wednesday that it achieved a net profit ...
Global stock markets diverge with eyes on megatech results, rates
Oct 30, 2024
LONDON — Global stock markets diverged on Tuesday as many investors sat on their hand ...
Phosphate profits before tax reached JD490.4m in Q3
Oct 28, 2024
AMMAN — Jordan Phosphate Mines Company achieved a total profit before tax of JD490.4 million, and a net profit after tax of 316.6 million by ...
Volume of Jordan-Qatar trade is $189.5m in Q3 2024
Oct 27, 2024
AMMAN — The trade balance between Jordan and Qatar grew by 6.1 per cent by the end of the third quarter of 2024 compared to the same period ...
Russia hikes interest rates to 20-year high
Oct 26, 2024
MOSCOW — Russia's central bank hiked interest rates to 21 per cent recently, taking borrowing costs to their highest level in more than two ...
IMF chief seeks more details on BRICS payments system plans
Oct 24, 2024
WASHINGTON — The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed a ...

JSC approves JD350m Issuance of Treasury Securities for 2024
Oct 23, 2024
AMMAN — The Jordan Securities Commission (JSC) on Wednesday approved the Central Bank of Jordan’s (CBJ) request to register the 27th tranche ...
US 'very close' to soft landing, IMF chief economist says
Oct 22, 2024
WASHINGTON — The United States is very close to achieving a soft landing, the rare feat of tackling inflation without spurring a long recess ...
UN chief urges 'significant investment' in fund to save nature
Oct 21, 2024
CALI, Colombia — UN Chief Antonio Guterres on Sunday appealed to nations gathered at a biodiversity summit in the Colombian city of Cali for ...
Beijing workers doubt economic recovery on cards
Oct 20, 2024
BEIJING — Workers in China's capital voiced worries about their economic prospects recently, after Beijing posted its worst quarterly growth ...
Netflix adds millions of subscribers but growth slows
Oct 19, 2024
SAN FRANCISCO — Netflix on Thursday said it added more than five million subscribers in the recently ended quarter but signalled slowing gro ...
Markets mixed as China's latest stimulus leaves traders wanting
Oct 17, 2024
HONG KONG — Stocks in Shanghai and Hong Kong slipped on a mixed day for Asian markets on Thursday as Chinese traders gave shrug to Beijing's ...

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