Ammon News, Business

Amman Bourse opens trading with drop


[6/20/2018 4:59:50 PM]

AMMONNEWS - The Amman Stock Exchange (ASE) on Wednesday opened trading with a drop to 2094 points from its last closure of 2097 points. The market index fluctuated in the first 15 minutes of today's session between 2092 points and 2097 points with a trading volume of JD1.3 million.

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Jordan is strategic ally in war on extremism, terrorism, minister


[6/11/2018 7:26:14 AM]

AMMONNEWS - Jordan is a strategic ally in the war on extremism and terrorist organizations, as it suffered from the terrorism and offered sacrifices in the battle against it, Interior Minister Samir Mubaidin said on Monday. The minister made his remarks during a meeting with the Head of the United Nations (UN) Office of Counter-Terrorism, Vladimir Voronkov, and his accompanying delegation. The meeting focused on ways to enhance cooperation between Jordan and the UN in countering terrorism and extremism and the support that could be offered by the UN to Jordan in this regard. Mubaidin said that countering terrorism is not limited to a particular country, but it is the duty of the international community as a whole, pointing out that Jordan's fight against terrorism is based on an approach combining military, security and ideology. The minister stressed that the ideological dimension in fighting terrorism and extremism is the most important and dangerous one, as it needs a longer period of time, noting that the Kingdom, under royal directives, lunched the Amman Message which clarified the true image of Islam. The government has put in place a national anti-terrorism strategy, in which all ministries and concerned bodies are involved to counter terrorism at the ideological level, he said. The UN official stressed the importance of intensifying coordination between the two sides to reduce the spread of crime and combat extremism and terrorism.

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PM: Salaries to be disbursed before Eid Al Fitr


[6/7/2018 8:14:02 AM]

AMMONNEWS - Prime Minister-designate Omar Razzaz announced that the salaries of public sector employees and retirees for June will be disbursed before the Eid Al Fitr holiday. Speaking at a meeting with heads of chambers of industry and trade and the Jordan Businessmen Association, Razzaz said salaries of employees would be paid periodically and without any hindrances.

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Ireland to give extra €1.25m to help Syrian refugees in Jordan


[6/6/2018 7:50:20 AM]

AMMONNEWS - The funding was announced as Tánaiste Simon Coveney met with the Jordanian Foreign Minister Ayman Al Safadi in Amman. He also visited the Za'atari Refugee Camp to observe the conditions in which refugees live, meet a refugee family and to see the work of agencies receiving support from Ireland. Mr Coveney said: "I am very glad to have had the opportunity to witness the valuable work that is being done to help refugees at Za'atari camp. "This underlines the generosity of the Jordanian government and its people. "Ireland has provided assistance of over €100m to the Syria crisis to date. "This signals our deep solidarity with the Syrian people and all those affected by the crisis across the region." While more than 133,000 live in the camps of Za'atari, Emirati Jordanian Camp and Azraq almost 80% of Syrian refugees in Jordan live outside camps. It is estimated that 93% of refugees in Jordan live below the poverty line. Since 2012, Ireland has provided €109m in humanitarian assistance to Syria and the region, Ireland's largest ever response to a single crisis. Speaking on the announcement of the additional funding, Mr Coveney said, "I am delighted to announce a further €1.25m in aid to Syrian refugees in Jordan. "It is crucial that we continue to help the victims of the conflict as well as the communities who host them. "Consequently, I am providing funding of €750,000 to support UNHCR's Jordan operations and €500,000 for UNICEF's education response in Jordan. This support is critical in meeting the educational needs of young people who have been so deeply affected by the crisis." On his meeting with Jordan's Foreign Minister Ayman Al Safadi, he said: "We discussed a broad range of issues during our meeting including trade, the opening of the new embassy, and recent developments in the Middle East. "I was particularly interested in Minister Safadi's perspective on regional issues, particularly the conflict in Syria and the Middle East peace process, given the pivotal role that Jordan plays in the region." Mr Coveney will visit Israel, Palestine and Cyprus in the coming days. *News talk

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Royal Jordanian launches Ramadan sale with 46% discount


[6/3/2018 7:40:23 AM]

AMMONNEWS - Royal Jordanian hosted its local travel agents for an Iftar banquet at Kempinski Hotel, Amman. RJ president/CEO Stefan Pichler, RJ officials and Area Jordan sales staff members were present at the event. During the Iftar, Pichler addressed the attendees and said that the national carrier and the local travel agents are business partners, and they enjoy a strong relationship in the dynamic industry of travel and tourism. Both parties have worked together since long years, resulting in growth and development of the Jordanian aviation and tourism sector. Pichler also announced a special Ramadan Sale for the Jordanian travel industry from June 3 until June 5, 2018. In this sales promo, Royal Jordanian will offer a 46% discount available at all Jordan travel agents and different RJ’s sales channels on the global network of destinations, for travel to take place between September 15, 2018 and March 20, 2019 with a blackout period between Dec. 16, 2018 and Jan. 15, 2019. "We hope that this will boost the sales of our travel agency partners and wish them best of success with this promotion!" Pichler said. He expressed appreciation to the key role of the travel agents to increase sales on Royal Jordanian and to attract more tourist groups to visit Jordan. Pichler said that the airline is now witnessing a big progress, thanks to the turnaround plan that is being implemented. The plan, which is based on a number of pillars, is bound to boost RJ’s relations with all stakeholders, passengers, travel agents, employees and service providers among others. Pichler added that RJ constantly endeavors to improve its air and ground services, modernize the fleet of aircraft and boost its route network in order to enhance competitiveness. He said that RJ will add three new destinations: Washington, Stockholm and Copenhagen that will be launched on June 3. Pichler mentioned that the Jordanian market is crucial to RJ’s sales, being the main market where RJ has established a robust partnership with its travel agents. He concluded that Royal Jordanian is keen on supporting Jordan’s travel and tourism industry; it also coordinates with all concerned entities working in this vital sector in the national economy.

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Unemployment rate stands at 18.4 percent in first quarter of 2018


[6/3/2018 7:39:08 AM]

AMMONNEWS - Unemployment rate in the first quarter of 2018 stood at 18.4 percent, a rise of 0.2 percent compared to the same period of 2017, according to the Department of Statistics (DoS). A report by the DoS said unemployment among males stood at 16 percent, while among females it was 27.8 percent. The report showed that the rate among males rose by 2.1 percent while it decreased among females by 5.2 percent compared to the same period of 2017.

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RJ hires 74 undergraduate students to assist passengers at airport during summer


[6/2/2018 5:31:48 AM]

AMMONNEWS - Royal Jordanian is providing temporary employment opportunities to 74 students from public and private universities during the summer period, a move that will hopefully give them some insight in the kind of work performed by RJ employees and attract those interested to work for RJ now and in the future. The selected students major in different academic subjects that match RJ’s manpower needs. They will be paid reasonable salaries in the peak period, during which the company needs more staff to help facilitate the movement of an increased number of passengers. The initiative is in line with RJ’s social responsibility and its national role toward the local community, which includes offering employment opportunities to the Jordanian youth and enabling them to build and enhance their skills according to the market needs, while also pushing them to achieve their ambitions and expand their knowledge and experience, which reflects positively on the community. RJ will continue to employ these students until they graduate, and will try to provide permanent employment opportunities for graduates, as fits its needs. Royal Jordanian offered the students a full training program that included specialized courses in corporate safety, security, handling of dangerous goods, safety management system and the departure control system, in addition to those training them on customer and baggage services. The students will be employed in different sections of RJ’s Airport Services Department, including departures, boarding gates, baggage services, Crown lounge, and transit, between June 1 and September 30, 2018. RJ President/CEO Stefan Pichler expressed satisfaction with the company’s move to employ these students during the current summer season, saying: "The students show a lot of determination and ambition, they are self-dependent and keen on helping their families. Being part of RJ will enrich RJ’s manpower and help the airline offer exclusive services and a seamless travel experience to the passengers at all stages of their travel, and will also save RJ some of the permanent employment expenses. "Our program aims at encouraging the Jordanian youth to work part-time jobs during their spare time to benefit themselves and the society. RJ will develop this program in the coming years and make use of the competencies of Jordanian university students who are determined to improve their skills and experience." The students, in turn, expressed their pleasure for this job opportunity at Royal Jordanian while they are still in their freshman’s year. They said that they are so excited to cooperate with RJ employees to offer services to the passengers with warm welcoming and hospitality that RJ is known for. They mentioned that this experience will play a key role in their future career paths; through their work at the airport, they will acquire various skills and know how that will enable them to deal with travelers from various countries and cultures.

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