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Saudi Aramco says quarterly profit drops 15% on low oil prices
Nov 05, 2024
RIYADH, Saudi Arabia — Energy giant Saudi Aramco reported a 15 per cent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.The fall in net income to $27.56 billion this year from $32.58 billion in 2023 "was mainly due to the impact of lower crude oil prices and weakening refining margins", the firm said in a statement poste ...
China to hash out stimulus plan with US elections in its sights
Nov 04, 2024
BEIJING — China's top lawmakers gather Monday to hash out a major stimulus package th ...
Apple narrowly beats estimates, with boost from iPhone sales
Nov 03, 2024
SAN FRANCISCO — Apple reported revenues last week that narrowly surpassed analyst exp ...
Housing Bank achieves net profit of JD118.9 million during first nine months of 2024
Nov 02, 2024
 AMMAN — The Housing Bank for Trade and Finance (HBTF) Group announced its financial results for the first nine months of 2024, reporti ...
Arab Bank Group reports net profit of $748.6m for first nine months of 2024
Nov 02, 2024
AMMAN — Arab Bank Group continues to deliver strong financial performance, reporting net income after tax of $748.6 million in the first nin ...
Mideast conflicts to leave 'lasting scars' - IMF
Oct 31, 2024
DUBAI  — Gaza, Lebanon and Sudan will take decades to recover from the conflicts raging on their soil, the International Monetary Fund ...
'Potash' reports net profit of JD153m in Q3 2024
Oct 30, 2024
AMMAN — The Arab Potash Company announced on Wednesday that it achieved a net profit of JD153 million by the end of the third quarter of 202 ...
Global stock markets diverge with eyes on megatech results, rates
Oct 30, 2024
LONDON — Global stock markets diverged on Tuesday as many investors sat on their hands ahead of a slew of US economic data releases and tech ...
Phosphate profits before tax reached JD490.4m in Q3
Oct 28, 2024
AMMAN — Jordan Phosphate Mines Company achieved a total profit before tax of JD490.4 million, and a net profit after tax of 316.6 million by ...
Volume of Jordan-Qatar trade is $189.5m in Q3 2024
Oct 27, 2024
AMMAN — The trade balance between Jordan and Qatar grew by 6.1 per cent by the end of the third quarter of 2024 compared to the same period ...
Russia hikes interest rates to 20-year high
Oct 26, 2024
MOSCOW — Russia's central bank hiked interest rates to 21 per cent recently, taking borrowing costs to their highest level in more than two ...
IMF chief seeks more details on BRICS payments system plans
Oct 24, 2024
WASHINGTON — The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed a ...

JSC approves JD350m Issuance of Treasury Securities for 2024
Oct 23, 2024
AMMAN — The Jordan Securities Commission (JSC) on Wednesday approved the Central Bank of Jordan’s (CBJ) request to register the 27th tranche ...

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