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MadfoatCom attracts new shareholders

Feb 09,2025 - Last updated at Feb 09,2025

AMMAN — The Jordanian electronic payments company "MadfoatCom" announced on Saturday during a meeting at the Central Bank of Jordan (CBJ), attended by the CBJ governor and the company’s shareholders, that it has completed the onboarding of new strategic investors.

The new investors include Basata Holding from Egypt (acquiring a 25 per cent stake), the Social Security Investment Fund (7 per cent), the Arab Bank, the Housing Bank for Trade and Finance, the Jordan Islamic Bank, and Jordan Kuwait Bank. 

These banks join the existing shareholder banks, Capital Bank of Jordan, Bank al Etihad, and Cairo Amman Bank, bringing the total banking sector ownership in the company to over 50 per cent.

Founded in 2011, MadfoatCom continues to operate and manage the eFAWATEERcom system under the supervision of the CBJ. 

The system, launched in the summer of 2014, connects banks operating in Jordan with billing entities through a single secure platform. 

It enables citizens to view their monthly bills from various service providers, check their amounts, and make electronic payments through multiple channels, including ATMs, online banking, and mobile payment applications provided by the company, banks, and electronic payment service providers.

Basata Holding is one of the largest electronic payment service providers in Egypt. The company offers a range of digital payment solutions and services through various payment channels and a nationwide network of point-of-sale terminals. 

Its offerings include bill payments, money transfers, collections, and mobile and e-wallet payments, as well as tailored collection solutions for merchants and customers.

MadfoatCom emphasised the significance of this investment in strengthening cooperation between the Jordanian and Egyptian markets, as well as in expanding its business operations. 

The company is particularly focused on growing in its existing markets and exploring new opportunities abroad, aligning with the strategic vision of its shareholders. 

The vision highlights the importance of digital payments and electronic transactions, which are poised for substantial growth and adoption in Jordan and beyond.

The onboarding of new shareholders was successfully facilitated with the support of New York-based Anniston Capital, Inc., Imara Asset Management, Al Tamimi & Co. Law Firm, and International Business Legal Associates, in collaboration with MadfoatCom’s internal team.

Orange Jordan solidifies digital 'leadership' by launching 'Max it' application

By - Feb 05,2025 - Last updated at Feb 05,2025

AMMAN — Orange Jordan started off the year on a "high note" taking a quantum leap in the customer experience arena with the launch of its first-of-a-kind application “Max it”, serving as an All-in-One super app. 

The launch took place during a press conference organised under the patronage of Minister of Digital Economy and Entrepreneurship Sami Smeirat, according to an Orange Jordan statement. 

This step while embodying “Orange is Here”, reveals the “one application for everything” concept to customers elevating their whole experience in unprecedented ways. The launch was announced during a press conference that was attended by the Orange’s executive management and media representatives.

The all-in-one new super app enables customers to manage My Orange, jood, Roamkit, Weinak, and Orange Money in one place. It was designed to serve the purpose of being their destination for the new features including multi-line management and the marketplace where customers can explore and purchase Orange’s products including the non-telco products, in addition to the reward feature.

CEO of Orange Jordan Philippe Mansour emphasised that this launch further solidifies Orange’s position as the "true responsible digital leader." The super app “Max it” will be reshaping the future of customers' experience as they will no longer need to download more than one application to manage their multiple requirements. Furthermore, Orange’s customers and other networks’ subscribers will be benefiting from the new application and its revolutionary features.

Mansour also expressed his pride in Orange’s vision that is coupled with the team’s continued efforts and the "global expertise" to transform the whole experience of the customers in Jordan. The result is nothing but a breakthrough in the digital scene.

Given Orange’s belief that the educational part should go hand in hand with the new products and services, it conducted a panel discussion on the sidelines of the press conference. Experts from Orange discussed the advantages of the application in detail and how customers can smoothly transition to it without affecting their current experience. They also shed light on the company’s future plans with regard to the application, in particular and the customer experience in general.

Max it, which embodies Orange’s spirit of innovation in Africa and the Middle East, has already been launched in several countries and will soon be expanded to other countries where Orange is present in the region.

Vesugen Peptide: Unraveling Its Potential in Cellular and Vascular Science

Feb 04,2025 - Last updated at Feb 04,2025

The Vesugen peptide, derived from vascular endothelial tissues, has emerged as a promising subject of research due to its unique structural properties and interactions with cellular components. Its potential to impact vascular integrity, cellular regeneration, and tissue-specific signaling makes it an intriguing candidate for multiple scientific disciplines.

 

Although still largely under investigation, initial studies suggest that Vesugen may influence cellular behavior by modulating gene expression, protein synthesis, and intercellular communication within vascular and connective tissues. This article examines the structural properties of Vesugen, its theorized mechanisms of interaction, and its potential implications within regenerative science, cellular aging, and vascular research, emphasizing its relevance for further exploration within these scientific domains.

 

Introduction to Vesugen Peptide and Its Molecular Profile

 

Vesugen is a peptide derived from vascular endothelial sources, making it closely associated with cellular processes pertinent to vascular tissues. Peptides like Vesugen are often characterized by their potential to interact selectively with specific tissue types, and it has been hypothesized that this selectivity may relate to structural and biochemical properties unique to each peptide.

 

Structurally, Vesugen is believed to exhibit a composition that is conducive to molecular interactions within cellular membranes, suggesting it might interact with intracellular receptors and signaling molecules. This specificity hints at its potential to impact cellular homeostasis and repair processes, particularly within vascular tissues. Studies suggest that the peptide's small molecular size may allow for efficient diffusion through extracellular matrices, enabling it to reach specific cellular targets more readily.

 

Hypothetical Mechanisms of Vesugen in Vascular Cell Research

 

Vesugen's unique interaction with endothelial cells has made it a focal point in understanding cell signaling and communication, particularly in tissues with high vascularity. Research indicates that peptides such as Vesugen might influence vascular cell behavior by promoting signaling pathways related to cellular repair and maintenance. While the specific pathways remain under study, one hypothesis involves the modulation of gene expression in endothelial cells, potentially impacting proteins responsible for cellular adhesion, migration, and angiogenesis.

 

Additionally, Vesugen is thought to exert an influence on nitric oxide (NO) synthesis, which is a critical molecule in vascular integrity and blood flow regulation. By impacting NO pathways, Vesugen might theoretically contribute to maintaining endothelial function, potentially impacting conditions associated with vascular dysregulation.

 

Theoretical Implications of Vesugen in Cellular Research

 

Research indicates that Vesugen's potential in cellular regeneration is one of the most compelling areas for future investigation. By interacting with specific cellular receptors, Vesugen is speculated to induce pathways that encourage cellular renewal, a property of particular relevance in aging cells where cellular turnover is observed to decrease. Investigations purport that Vesugen might influence stem cell behavior, promoting differentiation and tissue-specific repair processes. This theorized impact on stem cell functionality may present new opportunities in the realm of regenerative science.

 

Furthermore, Vesugen has been hypothesized to have implications for mitochondrial integrity and metabolic regulation within cells. The hypothesis that Vesugen might support mitochondrial functions stems from observations suggesting peptides may impact the energy balance and stress responses within cells. If further validated, Vesugen's possible role in mitochondrial science may potentially be leveraged to support cellular vitality, particularly in tissues exposed to high oxidative stress, such as vascular endothelium.

 

Vesugen Peptide in Vascular Research

 

The potential for Vesugen to influence vascular integrity is believed to extend beyond simple cell communication and may encompass a more structural role in vascular integrity. Observational research suggests that peptides like Vesugen may contribute to maintaining the extracellular matrix (ECM) in vascular tissues. The ECM provides structural support and is integral to tissue repair, especially in vascular systems where mechanical stress is a regular occurrence.

 

Findings imply that one area of interest is the peptide's potential to stimulate collagen synthesis or stabilize elastin fibers within blood vessels. Given that vascular stiffness and loss of elasticity are common in aging cells, Vesugen's potential to modulate these elements might hypothetically support vascular flexibility. By impacting the ECM, Vesugen has been theorized to contribute to overall vascular stability and potentially support the resilience of these tissues under physiological stress.

 

Vesugen in the Context of Cellular Aging and Senescence

 

Cellular aging in vascular tissues often leads to reduced elasticity, impaired regenerative capacity, and increased cellular senescence. Scientists have speculated that Vesugen's implications within anti- cellular aging research is of particular interest due to its hypothesized role in cellular renewal and vascular support. It has been proposed that by modulating gene expression related to cellular longevity, Vesugen may support cellular repair mechanisms that tend to decline over time.

 

Vesugen and Its Prospective Role in Neurological Research

 

Emerging studies suggest that vascular function is integral to cognitive function, given that the brain's extensive vascular network supplies oxygen and nutrients critical for neuronal survival. It has been speculated that Vesugen's potential impact on vascular integrity may also have implications in the context of neurological integrity, particularly as it relates to maintaining microvascular networks in the brain. It has been hypothesized that by supporting vascular integrity, Vesugen may theoretically contribute to maintaining cognitive integrity.

 

Future Research Directions and Theoretical Considerations

 

The scope of research on Vesugen remains expansive, with numerous avenues awaiting exploration. Notably, further research is required to clarify its precise interactions at the cellular level, particularly in relation to its possible influence on genetic expression, ECM composition, and vascular resilience. High-throughput studies and genomic profiling may elucidate additional aspects of Vesugen's possible role in cell regulation, providing insights into its molecular pathways and potential research implications.

 

Conclusion

 

Vesugen represents a promising domain of research within cellular and vascular biology, with potential implications across regenerative science, cellular aging, and tissue-specific integrity. While its precise mechanisms remain under investigation, early hypotheses suggest that Vesugen may influence vascular integrity, support cellular regeneration, and assist in tissue repair, especially in cellular aging.

 

Further investigation into its molecular pathways and cellular targets may yield valuable insights, advancing the understanding of how peptides like Vesugen might support cellular function and resilience. Future studies will be instrumental in defining Vesugen's potential implications, contributing to a deeper comprehension of its role in cellular science and tissue homeostasis. Vesugen for sale is available to scientists at Core Peptides.

 

References

 

[i] Andreeva, E. R., Buravkova, L. B., & Domaratskaya, E. I. (2016). The role of endothelial cells in the regulation of vascular homeostasis. Biochemistry (Moscow), 81(5), 507–521. doi:10.1134/S0006297916050028

 

[ii] Kim, J. H., & Kim, J. H. (2012). Signaling pathways involved in anti-inflammatory effects of peptides. Journal of Molecular Medicine, 90(8), 989–997. doi:10.1007/s00109-012-0877-1

 

[iii] Lakatta, E. G., & Levy, D. (2003). Arterial and cardiac aging: Major shareholders in cardiovascular disease enterprises. Circulation, 107(1), 139–146. doi:10.1161/01.CIR.0000048892.83521.58

 

[iv] Schröder, A. K., & Roos, D. (2016). Impact of endothelial cell aging on the cardiovascular system. Ageing Research Reviews, 29, 58–68. doi:10.1016/j.arr.2016.04.007

 

[v] Yoon, J. H., Sudo, H., & Kurabayashi, M. (2016). Molecular mechanisms of endothelial cell senescence in vascular aging. Journal of the American Heart Association, 5(12), e003212. doi:10.1161/JAHA.116.003212

First-Ever DSF Auto Season Launches, Shifting 30th Anniversary Celebrations into High Gear

Jan 04,2025 - Last updated at Jan 04,2025

DUBAI — The iconic annual Dubai Shopping Festival (DSF) is accelerating the city’s biggest-ever celebrations into full gear with the highly anticipated launch of the first-ever DSF Auto Season, celebrating automotive culture in grand style from 1 January to 12 January 2025. Providing residents and visitors the chance to experience the best of Dubai’s perfect weather for the season during DSF’s monumental 30th-anniversary edition, citywide adrenaline-fuelled adventures will feature an action-packed calendar of all things automotive - from showcases of the latest craftsmanship to thrilling competitions, exclusive experiences, parades, and engaging meetups to spotlight the world of cars, bikes, speed, and cutting-edge technology.

Organised by Dubai Festivals and Retail Establishment (DFRE),  DSF Auto Season will cater to car enthusiasts, families, and adventurers alike with everything from classic car showcases to futuristic concepts, combining breathtaking displays with thrilling experiences.

 

Here’s what to expect:

 

CITYWIDE EVENTS

The Dubai Hills Mall Car Showcase from 1 to 12 January will offer visitors a chance to explore over 90 unique vehicles, ranging from timeless classics to cutting-edge models, displayed in distinct, visually engaging zones. The experience includes a thrilling Gaming Truck Activation with VR automotive games, exclusive giveaways, and a grand prize of a luxury car.

From 3 to 5 January, Circuit De Meydan x DSF Auto Season will deliver a blend of automotive and cycling excitement. The event will feature 20 custom-modified cars by PowerDose alongside bespoke bicycles by Bike On. Guests can witness the exclusive reveal of two Mercedes models, compete in VR gaming, and enjoy competitions for the fastest lap and best-looking bicycle, all set against a backdrop of innovation and adrenaline.

At The Drift Home x DSF Auto Season from 9 to 12 January, Dubai Festival City Mall will host a high-octane drifting competition. For just AED 30, attendees will have the opportunity to experience thrilling rides alongside professional drivers or even test their skills with expert guidance. Visitors will have the chance to experience two adrenaline pumping laps with one of the 50 internationally certified drift drivers for AED 200 per person and learn to drift with a professional trainer of up to 20 minutes for AED 500. Showcasing over 20,000 horsepower and featuring internationally certified drift drivers, this event promises electrifying competitions and action-packed performances across its four-day schedule.

The Mirdif Motor Show will take place on 10 and 11 January at Mirdif City Centre, featuring over 700 vehicles and a variety of activities for all ages. This grand exhibition will be a key highlight of the DSF Auto Season, offering an exciting showcase of power, performance, and design.

The Michelin 24H Dubai will take place on 11 and 12 January at the Dubai Autodrome as part of the prestigious Hankook 24H Series. Fans will witness world-class endurance racing with high-performance cars and elite teams. Highlights include nighttime racing, access to the Fan Zone, garage tours for VIP ticket holders, and the awards ceremony celebrating the winners of both the DSF Auto Season and the 24-hour race.

On 12 January, the season will conclude with the WEB3 Auction at the Dubai Design District MOTB Stage. This exclusive event will showcase rare automobiles and unique automotive NFTs, offering collectors a thrilling opportunity to bid on one-of-a-kind items worth over AED 50 million.

 

PARADES

DSF Auto Season will also feature a series of captivating parades to join and watch out for. The Yalla Dubai x DSF Auto Season on 2 January, starting at Super Car Majlis (SCM), Oman and ending at Hatta Wadi Club, will celebrate the spirit of unity and adventure between the two nations. This stunning convoy of vehicles will journey across a scenic route, offering a symbolic connection between Oman and the UAE.

 

The PowerDose Parade will take place on 3 January from 3pm to 4pm, starting at Power Dose in Nad Al Hammar and culminating at DXBike. Featuring a unique line-up of over 20 custom-designed cars valued at more than AED 20 million, the parade will offer a rare opportunity to witness automotive innovation and craftsmanship. At the end point, visitors can interact with the car owners and admire these exceptional vehicles, many of which will be seen in public for the first time.

 

The Super Cars Parade, kicking off on 4 January, will showcase an awe-inspiring lineup of the world’s most luxurious and high-performance vehicles. Beginning and ending at Dubai Hills Mall, this spectacular procession will highlight the elegance and power of iconic supercars. Enthusiasts will marvel at the sleek designs and roaring engines as the parade transforms the streets into a dynamic display of automotive excellence.

 

The Dubai Ducati Ride 2025 (DDR25) scheduled for 4 January will start at the Wheels of Arabia Ducati Showroom and end at Reform Social & Grill, bringing Ducati riders a city tour featuring Dubai’s iconic landmarks and stunning skylines. At the end point, participants will display their bikes for the public while enjoying Italian food such as pizzas and gelato, as well as Ducati-themed movies and slideshows. The event will feature giveaways, merchandise, and a lucky draw, along with a kid’s corner, creating a family-friendly atmosphere for all attendees.

On 8 January, the 24H Dubai Parade will showcase the elite cars participating in the 24H endurance race. Starting and ending at the Dubai Autodrome, the parade will offer fans an up-close experience with race teams, drivers, and high-performance vehicles. Visitors can explore the Fan Zone, enjoy automotive-themed activations, and attend the race to witness incredible driving, pit stops, and team strategies. VIP ticket holders will have the exclusive opportunity to tour the garages and interact with the teams, making this a must-see event for motorsport enthusiasts.

The Mirdif Motor Show Parade, starting and ending at Mirdif City Centre on 10 January, will be part of Dubai’s largest auto exhibition. Featuring over 700 vehicles, including trucks, classic cars, supercars, motorbikes, and police cars, the parade will make its way to the rooftop parking lot, where the main showcase will take place. Family-friendly activities such as remote-control car races, face painting, and safety workshops will ensure a fun-filled day for visitors of all ages.

 

CAFÉ POP-UPS

Adding to the excitement of DSF Auto Season, a series of unique activations and meet-ups will take place at citywide locations, combining automotive flair with dining, entertainment, and community engagement. On 3 January, the Defenders Meet-Up will bring together enthusiasts for a one-of-a-kind gathering in the serene desert landscapes of Al Marmoom, offering a unique opportunity to connect over their shared passion for this iconic vehicle. Meanwhile, Cars & Cookies will roll into Flat12 Café at Port Rashid on 5 January, inviting the car community to showcase their wheels and indulge in the café’s offerings for a day of camaraderie and automotive pride.

The Broncos Meet-Up will take place on 9 January, also at Al Marmoom, where fans of the classic vehicle will unite in a picturesque desert setting for another unforgettable gathering. On 10 January, Block 92 at Jumeirah Sunset Mall will offer visitors a chance to savour premium coffee while entering a draw to win an exclusive Bugatti experience, complete with a personal chauffeur for a day.

Adding another thrilling element, the Bikers Café Meet-Up on 4 January at Jumeirah Street will feature the latest lineup of motorcycles from top manufacturers and dealerships. Attendees can explore a curated selection of apparel and merchandise while connecting with like-minded enthusiasts in a vibrant atmosphere that celebrates the passion for motorcycles and the joy of shared experiences.

Visitors can navigate through the endless excitement of this year’s festival through the all-new digital DSF Map - an interactive online guide to explore all of the season’s iconic and only-in-Dubai experiences, festival favourites, ever-popular signature events, and brand-new additions waiting to be discovered across the city.

UAE residents can get rewarded for keeping up to date on all the DSF news on the Dubai Shopping Festival website. The DSF 30th anniversary competition, running until 12 January, brings a thrilling chance to win an exciting prize worth a whopping AED 30,000 by simply registering details on the DSF website. 

New Drone Spectacle Unveiled for DSF's 30th Anniversary Celebrations

Jan 02,2025 - Last updated at Jan 02,2025

DUBAI — The epic 30th anniversary edition of the iconic annual Dubai Shopping Festival (DSF) has been in full gear with a stellar line-up of out-of-this-world enchanting experiences, extraordinary entertainment, and dazzling daily sky spectacles. Organised by Dubai Festivals & Retail Establishment (DFRE), this citywide celebration will continue to illuminate Dubai’s skies every night with a brand-new drones theme for the twice-daily drone displays at Bluewaters Island and The Beach, JBR starting from 27 December 2024 to 12 January 2025. The new theme of celebrating Dubai will feature a stunning new display of visuals, vibrant colours, and dazzling light shows. The excitement will reach its peak with the return of the incredibly popular firework-drones show with pyrotechnics and skydivers on 11 January 2025, while the twice-daily drone shows will close the DSF season on 12 January 2025.

Presented by Emarat, DSF’s spectacular drone shows have become a standout sensation this edition, captivating both residents and visitors alike. Night after night, crowds gather to witness this awe-inspiring spectacle lighting up the skies above Bluewaters Island and The Beach, JBR. With two breathtaking displays every evening at 8pm and 10pm, the show continues to enchant audiences from 27 December to 12 January, where it will unveil a brand-new theme, “Celebrating Dubai” and the city’s essence through a dynamic fusion of tradition and modernity. Set to powerful beats and cutting-edge soundscapes, the mesmerising performance will integrate 2D and 3D drone formations into iconic Dubai landmarks, creating a visual masterpiece that honours the city’s spirit and innovation.

That is not all. The monumental 30th edition of DSF will see the return of the second show of the jaw-dropping firework-drone spectacle on 11 January at Bluewaters Island and The Beach, JBR, seamlessly blending pyrotechnics with cutting-edge drone technology, accompanied by jaw-dropping skydiving stunts and a phenomenal fireworks finish. This groundbreaking spectacle will once again dazzle audiences at 8pm, transforming Dubai’s skyline into a canvas of vibrant colours and mesmerising formations in a way that will leave visitors spellbound.

Visitors will also be captivated by the dazzling Dubai Lights installations illuminating Bluewaters Island and The Beach, JBR. Seamlessly blending artistry with cutting-edge technology, these immersive displays promise to enchant audiences and perfectly complement the extraordinary tech-driven experiences defining this DSF season.

Visitors can navigate through the endless excitement of this year’s festival through the all-new digital DSF Map - an interactive online guide to explore all of the season’s iconic and only-in-Dubai experiences, festival favourites, ever-popular signature events, and brand-new additions waiting to be discovered across the city. 

Residents and visitors across the city can get rewarded for keeping up to date on all the DSF news on the Dubai Shopping Festival website. The DSF 30th anniversary competition brings a thrilling chance to win an exciting prize worth a whopping AED 30,000 by simply registering their details on the DSF website. The winner will be announced on 12 January 2025. 

Dubai Shopping Festival is supported by Key Partners Dubai Islamic Bank and VISA, and Strategic Partners which include: Al Futtaim Malls (Dubai Festival City Mall & Festival Plaza), Al Zarooni Group (Mercato Shopping Mall), AW Rostamani Group, DHAM (Al Seef, Bluewaters, Ibn Battuta Mall, Nakheel Mall and The Outlet Village), Emirates Airline, ENOC, e&, Majid Al Futtaim (Mall of the Emirates, City Centre Mirdif, City Centre Deira), Merex Investment (City Walk and The Beach, JBR), and talabat.

 

CFI Launches “Trading Transparency+” Programme to Raise Awareness and Highlight Trading Realities

Dec 23,2024 - Last updated at Dec 23,2024

CFI Financial Group, the region’s leading online trading provider, proudly announces the launch of its pioneering programme, “Trading Transparency+: Empowering Awareness and Clarity in Trading.” This initiative aims to tackle misinformation and market noise, helping individuals gain clarity on trading realities and access the resources they may need to determine whether trading aligns with their financial aspirations and circumstances.

With trading becoming increasingly accessible, individuals are often overwhelmed by a flood of information, unrealistic expectations, and confusion about the suitability of trading. Trading Transparency+ serves as a trusted guide, cutting through these complexities with transparency and knowledge. The program includes multiple components, with the "Trading Reality Check" as a standout feature—an engaging tool designed to help participants explore whether trading aligns with their goals and if they fully understand the realities and related risks of trading. Beyond this, Trading Transparency+ provides a comprehensive suite of educational and awareness resources, including videos, seminars, webinars, and articles, to explain trading’s suitability, risks, and myths. 

To explore the program further and access its comprehensive resources, visit: https://cfi.trade/trading-transparency

Empowering Knowledge, Promoting Responsibility

The Trading Transparency+ program is built on three core pillars:

1. Reality-Based Education: Offering seminars, webinars, articles, and videos that address trading myths, risks, and rewards with transparency and clarity.
 
2. Interactive Tools for Self-Reflection: Featuring the "Trading Reality Check," a user-friendly tool that provides individuals with a personalized exploration of whether trading aligns with their goals and circumstances, and whether they have the facts right about the realities of trading.
 
3. Collaborative Partnerships: Engaging with governmental, regulatory, and educational institutions to provide credible, actionable insights that promote responsible trading practices.

“We recognize that the public is often exposed to wrong and sometimes even misleading information about trading and its reality,” said CFI’s Co-Founder and Managing Director, Hisham Mansour. “Through Trading Transparency+, its pillars, and particularly the ‘Trading Reality Check,’ and the different videos, articles, seminars, and webinars we will be arranging, we aim to empower individuals to understand whether trading aligns with theircircumstances, goals, and risk tolerance or not, the difference between trading and investing, and much more. We also aim to raise awareness that sometimes, the right decision might be choosing not to trade or at least not to trade specific products. Our mission through this initiative is to bring clarity and confidence to every step of the financial journey.”

Through Trading Transparency+, CFI reaffirms its dedication to fostering clarity, education, and integrity—empowering individuals to make thoughtful and informed choices when it comes to trading and financial markets.

About CFI: CFI Financial Group is MENA's leading online trading broker with over 25 years of experience, boasting the highest number of regulated entities and regional offices, including key locations such as London, Abu Dhabi, Dubai, Cape Town, Baku, Larnaca, Beirut, Amman, and Cairo. Specializing in online trading services across equities, currencies, and commodities, CFI offers highly competitive trading conditions, including zero-pip spreads and no commission fees. The group supports elite sports through partnerships with organizations like AC Milan and FIBA WASL. It proudly names Seven-Time Formula One™ World Champion Sir Lewis Hamilton as their Global Brand Ambassador, reflecting a shared commitment to excellence and innovation. The group is also partnered with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), demonstrating its commitment to promoting local culture and fostering community engagement. The group actively participates in various Corporate Social Responsibility (CSR) initiatives in the communities where it operates.

China Matters’ Feature: Exploring How Potash Fuels Global Agriculture

Nov 25,2024 - Last updated at Dec 22,2024

AMMAN — Do you know that the salt from the Dead Sea not only keeps people buoyant but also plays a critical role in agriculture worldwide due to its high potassium content?

Potassium is a vital nutrient for plant growth, and potash fertilizer significantly boosts crop yields and enhances quality. It helps produce plumper fruits and more vibrant colors, ultimately improving the overall health and productivity of crops.

Jordan, benefiting from its proximity to the Dead Sea, is rich in potassium salt resources. This abundance has propelled the Arab Potash Company (APC) to become the eighth-largest potash producer globally. Annually, the APC produces 2.8 million tons of potassium chloride, which is distributed worldwide and helps to ensure the global food security.

In this video, Egyptian vlogger Mohamed Jihad takes us on an insightful journey to the APC in Jordan. Mohamed explores the company's expansive production facilities near the Dead Sea, visits its state-of-the-art R&D center, and observes the central control room where all the operations are managed. With a close observation into the intricate potash production process, he understands the critical role of potash in global food security. This project, with a joint venture by China and Jordan, exemplifies successful economic cooperation between the two countries.

How is potash fertilizer produced? What technological innovations have been used to drive its production? What are the different effects of various types of potash fertilizer? Watch this video to find your answers!

CFI and the Jordan Basketball Federation (JBF) Renew their Partnership for the Fourth Consecutive Year

Nov 21,2024 - Last updated at Nov 21,2024

AMMAN — CFI Financial Group, the region's leading online trading provider, has officially renewed its sponsorship agreement with the Jordan Basketball Federation (JBF) for the fourth consecutive year. This long-standing collaboration reflects CFI’s dedication to supporting the development of Jordanian basketball and furthering the success of the national team.

The renewal was formalized during a signing ceremony held on November 3rd at JBF headquarters in Amman, in the presence of key figures such as the CEO of CFI’s MENA region Mr. Louay Azar, JBF’s President Mr. Mohammed Alian, JBF’s Secretary Engineer Nabil Abu Atta, as well as legends of the national men’s basketball team and representatives from the media.

“We are thrilled to renew our partnership with the Jordan Basketball Federation for the fourth consecutive year,” said Louay Azar, CEO of CFI’s MENA region. “This collaboration embodies our commitment to excellence, achievement, and community impact—values that drive CFI’s mission to empower individuals and strengthen communities through meaningful partnerships. The JBF’s leadership in advancing Jordanian basketball and enhancing the nation’s sporting culture is a journey we are proud to support.” 

Mr. Mohammed Alian, President of the Jordan Basketball Federation, expressed appreciation for CFI’s continued support: "I am pleased to announce the renewal of our partnership with CFI for the fourth consecutive year, as it is one of the leading companies in the field of online trading and investment. This expanded partnership represents the highest standards of success in marketing and promoting the Federation’s activities and tournaments over the past years, affirming the success and sustainability of Jordanian basketball." 

As part of the renewed agreement, CFI will sponsor the JBF’s activities for the next two seasons, ensuring continued support for the Federation’s programs, tournaments, and development initiatives. The Jordan Basketball Federation and CFI are both excited for the future of Jordanian basketball, confident that this partnership will play a significant role in the continued success of the sport in Jordan and the broader Middle East.

About CFI

CFI Financial Group is MENA's leading online trading broker with over 25 years of experience, boasting the highest number of regulated entities and regional offices, including key locations such as London, Dubai, Larnaca, Beirut, Amman, and Cairo.

Specializing in online trading services across equities, currencies, and commodities, CFI offers highly competitive trading conditions, including zero-pip spreads and no commission fees.

The company is a pioneer in AI-driven trading tools and applications. The group supports elite sports through partnerships with organizations like AC Milan and FIBA WASL.

It proudly names Seven-Time Formula One™ World Champion Sir Lewis Hamilton as their Global Brand Ambassador, reflecting a shared commitment to excellence and innovation.

The group is also partnered with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), demonstrating its commitment to promoting local culture and fostering community engagement. The group actively participates in various Corporate Social Responsibility (CSR) initiatives in the communities where it operates.

Estarta Named Cisco Systems' Distinguished Supplier of the Year 2024

Oct 30,2024 - Last updated at Oct 30,2024

AMMAN — Estarta, a leading provider of ICT solutions and networking services, is proud to announce its recognition as Cisco Systems’ Distinguished Supplier of the Year 2024. This prestigious award underscores the strength of a 20-year partnership between Estarta and Cisco, further cementing Estarta’s role as a vital contributor to Cisco’s global supply chain.
 
The award celebrates the perseverance, dedication, and excellence demonstrated by Estarta's global teams operating out of Jordan, Greece, Poland, Romania, Egypt, Saudi Arabia, United Arab Emirates, and other markets.  It also reflects the company's consistent delivery of innovative solutions and its commitment to exceeding Cisco’s performance expectations year after year.
 
The Distinguished Supplier Award, one of Cisco's highest honors, recognizes suppliers who continuously push the boundaries of performance and innovation. Estarta’s Chief Executive Officer, Mutaz H. Nabulsi, was present to receive the award during Cisco's Global Supplier Day at their headquarters in San Jose, California.
 
“We continue to lead and earn praise, but more importantly, this will help us to scale new heights together.” said CEO Mutaz H. Nabulsi, as he addressed the Estarta Team, “This award is a testament that your hard work is being recognized and it will translate into growth at all levels!  Keep up the high standards and enjoy this award.”
 
Building on its 33-year legacy, Estarta is poised to continue delivering cutting-edge and transformative solutions that align with Cisco's strategic goals, as well as driving forward this unique partnership, fostering innovation, and delivering exceptional services.

Four Seasons Hotel Amman Achieves Big Wins at HORECA Jordan 2024

14 Chefs, Servers and Housekeepers win medals and certificates

Oct 15,2024 - Last updated at Oct 15,2024

Four Seasons Hotel Amman is proud to announce that 14 of itstalented chefs, servers, and housekeepers played a prominent role at the 2024 Hotel, Restaurant and Catering Awards (HORECA) Jordan – the largest exhibition for the Hospitality and Food & Beverages Service industry in the region.

The Four Seasons Hotel Amman team took home 3 gold medals, 5 silver medals, 4 bronze medals and 2 certificates highlightingtheir skills and talents in a range of live competitions covering the hospitality, and food industry sectors.

The gold medal winners are Jamal Al Eqedat from La Capitale for the Meat Dish category; Murad Turjman from La Capitalefor the Art of Service category; and Mohammad Abu Ali from Housekeeping for his bed making talents. 

The silver medal winners are Mohammad Daoud from Olea for his Contemporary Jordanian Cuisine; Yassin Suliman from Oleafor the Pizza Challenge; Mahdi Sae'd from The Foyer Loungefor the Seafood Competition; and Odai Dardas from Housekeeping for his bed making talents. 

The bronze medal winners are Lujin Samaha from Pastry for the Best Éclair; Salah Kreshan from Pastry for the Best Macaron; Ahmed Abdel Qader for the Market Basket category; and Mohammad Abu Msalam from La Capitale for the PastaCompetition. 

Finally, the certificates were presented to Abdulla Azmi for the Tapas & Canapés category and Issam Saleem for the Baristacategory. 

Set atop the tallest of Amman’s seven hills, Four Seasons Hotel Amman is a beacon of elegance in the center of the city – and the first and only hotel in Jordan to receive the prestigious Forbes Five-Star rating for three-consecutive years.

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