In March, total imports of crude oil and petroleum products from Russia into the EU decreased to 1.4 million tonnes (Mt) compared with the average monthly figure of 15.2 Mt in the three years from 2019 to 2022, a drop of 90%.Russia had been a significa…
The Kingdom’s commercial arteries pulsed stronger in 2022, displaying a remarkable rebound from the previous year’s economic sluggishness, according to an authoritative report by the Amman Chamber of Commerce (ACC). The ACC’s report, furnished by its …
The Jordanian-Iraqi Finance and Business Forum, organized by the Iraqi Business Council, is set to commence on Tuesday in Amman under the theme “Building Bridges of Shared Prosperity”. The forum serves as a pivotal economic platform aimed at advancing…
The Social Security Corporation (SSC) has entered into a memorandum of understanding (MoU) with the UK Government’s Foreign, Commonwealth and Development Office (FCDO). The purpose of the MoU is to secure funding for the “Estidama++” program, which sp…
Lebanese central bank governor Riad Salameh’s term of office ends in late July amid government failure to pick a successor while the country is embroiled in a serious state of economic and financial turmoil.The problem is mainly due to the fact that Le…
Japan’s central bank decided on Friday to maintain its ultra-low interest rates policy.At a two-day policy meeting, Bank of Japan’s (BOJ) Governor Kazuo Ueda and his eight board colleagues made the decision to keep short-term interest rates at minus 0…