Day: March 10, 2024

Amman: The Amman Stock Exchange concluded its daily trading session on Sunday with a 0.21 percent rise, reaching 2496 points.

The Amman Stock Exchange witnessed trading of approximately 3.3 million shares across 2,224 contracts, totaling about JD3 million.

Stocks of 28 companies declined, while those of 33 others advanced, with prices of 31 companies remaining steady.

Source: Jordan News Agency

Amman: Ministry of Youth on Sunday launched the registration link for the Ninth 2024 National Forum for Young Entrepreneurs and Innovators and targets youth groups active in climate action under 35 years.

The forum is jointly organized, in partnership with Ministry of Digital Economy and Entrepreneurship, Jordan Innovation and Entrepreneurship Center at the University of Jordan, and UNICEF, according to a ministry statement.

The forum follows a series of similar activities, held by the ministry to implement themes of the National Youth Strategy, aimed to empower youth and enhance their participation in economic life, push their entrepreneurship drives, and create an environment that supports innovation, the statement said.

The forum, which is being held this year under the theme: “Entrepreneurship in Climate Change,” aims to learn about youth leadership experiences in the fields of energy, water, environment, agriculture, and infrastructure, motivate their entrepreneurial action and present their “pioneeri
ng” projects and ideas.

The statement added that this effort seeks to confront effects of climate change, support youth projects that provide “entrepreneurial” economic solutions in this field and network with various supporting bodies.

On its official accounts on social platforms, the ministry launched registration for the forum, which will run until next April 11, via the following link: https://forms.gle/V9LpLyEoinHfxihQ6.

Source: Jordan News Agency

Amman: During the Arab Bridge Maritime Company’s general assembly meeting in Cairo, Transportation Minister Wissam Tahtamouni met with her Egyptian counterpart, Kamel Wazir, to discuss bolstering cooperation, facilitating commercial movement, and addressing challenges in the transportation sector of both nations.

Tahtamouni highlighted the importance of bilateral agreements and cooperation memorandums amid regional geopolitical events affecting maritime transport in the Red Sea, leading to increased operational costs.

She commended Egypt’s efforts in overcoming obstacles in the transport sector between the two countries and stressed the need for more bilateral meetings to strengthen cooperation.

Wazir praised Jordan’s efforts in aligning transport policies with global standards, aiming to enhance services for all modes of transport.

He affirmed Egypt’s commitment to facilitating procedures to improve service quality and develop the work environment, aiming to boost trade and transit traffic through both c
ountries.

Source: Jordan News Agency

Amman: The Jordan Armed Forces – Arab Army, on Sunday conducted six joint airdrops in the northern parts of Gaza with several friendly nations as part of international efforts to mitigate the effects of the war on the Gaza Strip.

This coordinated effort involved two C130 aircraft from the Royal Jordanian Air Force, along with one Egyptian, one American, one French and one Belgian aircraft.

The Armed Forces reiterated their dedication to conducting airlift operations to provide humanitarian and medical aid, utilizing the Marka Airport to El Arish International Airport, and airdrops over Gaza and land convoys. These airdrops are part of efforts led by Jordan, aimed at alleviating the suffering of Gazans and supporting them in the face of the dire circumstances imposed by the Israeli war on Gaza since October 7 of last year.

Since the onset of Israeli aggression on Gaza, the Jordan Armed Forces have executed 37 airdrop missions, in addition to 40 airdrops conducted in collaboration with partner nations.

Sou
rce: Jordan News Agency

Amman: Minister of Transport, Wissam Tahtamouni, said the Arab Bridge Maritime Company (ABMC) represents an “Arab success story,” adding that joint Arab projects can follow suit.

The minister’s remarks came during the ABMC’s general assembly meeting in Cairo, chaired by Egyptian Minister of Transport, Kamel Wazir, in presence of Tahtamouni, as well as a representative of Iraqi Minister of Transport, and the company’s General Manager, Adnan Abadleh, to review the company’s activity, its key achievements, its work plans, and its 2023 financial results.

Tahtamouni said the “successful” management of such joint projects is the cornerstone for their launch, stressing the importance of maintaining the current approach to protect this “distinguished” Arab achievement.

ABMC is considered a “fundamental” development driver for Aqaba Special Economic Zone Authority (ASEZA) and Egypt’s Nuweiba that reflects an “effective” link between Arab countries and Jordan’s commercial gateway to Africa and Europe, according to T
ahtamouni.

The minister also praised the company’s role in supporting people in the besieged Gaza Strip by providing all facilitations and transporting humanitarian aid trucks to Gaza.

In this context, she referred to the continuous coordination with Jordanian Ministry of Foreign Affairs and Jordanian Embassy in Cairo to transport citizens and Arabs returning from Gaza onboard the company’s ships, noting ABMC’s “important” role to serve the local community.

Tahtamouni expressed appreciation to the company’s management for their efforts to advance this Arab project, noting that ABMC’s general assembly meetings are an opportunity to strengthen joint cooperation ties between Jordan, Egypt, and Iraq in various transportation fields.

Source: Jordan News Agency

Amman: The Water Authority of Jordan (WAJ), alongside the Water Reuse and Environmental Conservation Project funded by the United States Agency for International Development (USAID), on Sunday hosted a workshop titled “Engaging Stakeholders and Presenting Initial Findings on the Economic Value of Water in the Jordan Valley.”

The workshop aims to emphasize the importance of tapping into new water sources, enhancing water use efficiency in agriculture, focusing on economically viable crops, and presenting a methodology along with preliminary findings of a study assessing the economic value of water utilized for irrigation in the Jordan Valley.

The Secretary-General of the Authority, Hisham Haisa, underlined the prioritization of water provision for farmers, despite challenges and scarcity, highlighting the significance of collaborative efforts with farmers and irrigation water user associations to ensure the success of the Authority’s initiatives.

Haisa underscored the necessity of consultation and partnersh
ip to enrich ongoing endeavors and achieve future objectives, expressing hope that the study would deepen understanding of water value in irrigated zones within the Jordan Valley and guide efforts toward enhanced water resource management.

Source: Jordan News Agency