Business


European stocks drop after weak China data

Amman, European shares opened lower on Monday, as optimism on the progress made in the Chinese-U.S. trade talks was offset by growth fears following weak data from Beijing and Brexit uncertainty.According to Reuters, the pan-European STOXX 600 was down…


ASE closes trading on lower note

Amman, The Amman Stock Exchange (ASE) closed Monday’s trading session down 0.35 percent at 1,824 points, with a total of 4.6 million shares traded through 1,932 transactions at a trading value of JD5 million.The closing prices of 44 companies with trad…


Int’l oil prices spike in 2nd week of October

Amman, International oil prices went up during the second week of October, according to data released on Monday by the Ministry of Energy and Mineral Resources.According to the data, the price of 95-octane gasoline edged up from $626.8 per ton in the f…


Jordan, Mauritania set up business council

Amman, The Jordanian Businessmen Association (JBA) and the National Union of Mauritanian Employers Saturday signed an agreement to establish a joint Jordanian-Mauritanian business council.The agreement, which was signed by JBA President Hamdi Tabbaa an…


99% of individuals in Bahrain use internet: TRA

Manama, Bahrain’s Telecommunications Regulatory Authority (TRA) has published its latest Telecommunications Services Residential Market Survey report.According to survey results, Internet users have reached 99% which is a clear indication of the increa…


Jordan, Slovenia discuss trade delegation

Amman, A Jordanian trade delegation discussed ways of developing bilateral trade and investment relations in Slovenia and starting a new economic stage that brings together the private sector institutions of both sides.The visit, which lasted several d…