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Jordan Banking News. Service for global professionals. Constantly updated news and information about Jordan.
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Latest Jordan Banking News

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  • ANALYSIS - Jordan's king to keep democracy on back-burner 6 Dec 2009 09:47 GMT
    ... Jordan's king to keep democracy on back-burner AMMAN (Reuters) - Jordan's King Abdullah, having dissolved ... not explained why he dissolved what most Jordanians viewed as a tame lower house prone ... are just part of the entertainment business in Jordan," said Taher Kanaan, a former deputy prime ...

  • NBAD launches operations in Hong Kong 6 Dec 2009 07:51 GMT
    ... NBAD is the banker to the Government of Abu Dhabi, ... due to open a full-fledged commercial branch in Jordan in January 2010. Furthermore NBAD enjoys a ... by the Euromoney. Senior General Manager, International Banking Division of NBAD, Mr. Qamber Ali Al ...

  • Jordan's Arab Bank says S&P rating proof of health 6 Dec 2009 13:06 GMT
    ... AMMAN, Dec 6 - Jordan's Arab Bank Group RBK.AM> ... to troubled conglomerate Dubai World [DBWLD.UL]. Most Jordanian banks, including Arab Bank, are increasing their provisions ...

  • Global Jordan supports Jordan River Foundation - Dar Al Aman Center during Eid Al Adha 6 Dec 2009 13:01 GMT
    ... to reflect our belief in helping the Jordanian community; in which we place our hopes ... Global Jordan is a full fledge investment banking firm that provides services in asset management, investment ...

  • Winter Sports: Davis speedskates to 1,000 win 6 Dec 2009 21:33 GMT
    ... CALGARY, Alberta (AP) -- American star Shani Davis set ... in seventh. LILLEHAMMER, Norway (AP) -- Simon Amman of Switzerland has won a ski jumping World ... Gloersen in Sunday's 6x1.5-kilometer event on the banks of the River Rhine in Duesseldorf, Germany. ...

  • U.K. banks owed $5 billion over Dubai: report 3 Dec 2009 12:03 GMT
    ... RBS's exposure ranges from $1 billion to $2 billion, ... index rose 1.21%; the index of the Amman Stock Exchange in Jordan closed up 0.72%; and the Kuwait Stock ...

  • Banks give textile co Tefron 3 weeks for debt plan 3 Dec 2009 10:58 GMT
    ... Banks give textile co Tefron 3 weeks for debt ... recovery plan is acceptable to them, a banking source told "Globes" that they will "make ... zone in the Galilee, as well plants in Jordan and the Far East, and the employees' ...

  • Banks give textile co Tefron 3 weeks for debt plan: The company has large debts to Leumi, Hapoalim, and Discount Bank. 4 Dec 2009 01:18 GMT
    ... Dec 03, 2009 (Globes - McClatchy-Tribune Information Services via COMTEX) ... recovery plan is acceptable to them, a banking source told "Globes" that they will "make ... zone in the Galilee, as well plants in Jordan and the Far East, and the employees' ...

  • The Local Buzz: Banks to take part in industry panel 4 Dec 2009 03:57 GMT
    ... Gale Banks, president and founder of Azusa-based Gale Banks Engineering/Banks ... Vegas in Nevada through Dec.11 for key Jordanian government officials and business executives from leading ...

  • Arab stocks rebound after record plunge on Dubai debt crisis 4 Dec 2009 13:32 GMT
    ... week to celebrate the country's National Day. Jordanian shares rallied on Wednesday and Sunday after ... Monday amidst assurances by the Central Bank of Jordan that the Dubai World debt crisis was ... the country's banking system or UAE investments in Jordan. The all-share price index of the Amman ...

  • Arab stocks rebound in week after record plunge on debt crisis 4 Dec 2009 22:24 GMT
    ... week to celebrate the country’s National Day. Jordanian shares rallied on Wednesday and Sunday after ... Monday amidst assurances by the Central Bank of Jordan that the Dubai World debt crisis was ... the country’s banking system or UAE investments in Jordan. The all-share price index of the Amman ...

  • A.M. Best Assigns Ratings to Jordan Insurance Company Plc 1 Dec 2009 15:11 GMT
    ... performance and established business profile in the Jordanian insurance market. An offsetting factor is the ... JIC has established a strong market position in Jordan with a diversified portfolio for both non-life ... health care service industries, including insurance companies, banks, hospitals and health care system providers. For ...

  • TASE halts trading in Tefron shares 3 Dec 2009 10:37 GMT
    ... Banks give textile co Tefron 3 weeks for debt ... recovery plan is acceptable to them, a banking source told "Globes" that they will "make ... zone in the Galilee, as well plants in Jordan and the Far East, and the employees' ...

  • Dubai is still a beacon of success 4 Dec 2009 20:44 GMT
    ... Dubai is still a beacon of success Last Updated: December ... On a visit to America, King Abdullah of Jordan once jokingly remarked that back home he ... inhabitants are not the 20-something American investment bankers unable to splash out on Gucci luggage, ...

  • just like what Stuck In The Sixties 4 Dec 2009 22:22 GMT
    ... just like what Stuck In The Sixties it was ... had he not lived in the shadow of Jordan, was also born in the same year. ... is not alone. Stan Kudenga, a respected banker in the capital, is also shaping a ...


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