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Book examines ‘glory, decline’ of Arab stock markets

By - May 19,2014 - Last updated at May 19,2014

AMMAN — A book-signing was held on Monday for journalist Yousef Damra’s first book, “Years of Glory and Decline”.

The book presents an analysis on the performance of the Amman bourse, and that of Arab and international stock exchanges between the years 2005 and 2013.

During the ceremony, held at the Jordan Securities Commission, Damra noted that financial markets have witnessed major crises during the past nine years.

Husban condoles Onal over mine blast victims

By - May 19,2014 - Last updated at May 19,2014

AMMAN — Senator Yassin Husban, who heads the Senate’s Jordanian-Turkish Friendship committee, on Monday offered his condolences to Turkey’s Ambassador to Jordan Sedat Onal over the loss of life in the recent mine explosion in Turkey.

Child dead, three injured in Irbid accident

By - May 19,2014 - Last updated at May 19,2014

AMMAN — A child died and three others were injured on Monday when they were hit by a car in Irbid.

Civil Defence Department staff took the injured to Prince Rashed Military Hospital, where one of them was reported to be in critical condition.

Qudah elected as GUVS president

By - May 19,2014 - Last updated at May 19,2014

AMMAN — The General Union of Voluntary Societies (GUVS) on Monday elected Falah Qudah as president.

Qudah was elected by acclamation for a new three-year term.

Centre for excellence launches new round of awards

By - May 19,2014 - Last updated at May 19,2014

AMMAN — The King Abdullah II Centre for Excellence (KACE) on Monday launched a new round of awards for private and public agencies, business societies and NGOs.

KACE Executive Director Yasera Ghosheh said the centre will organise workshops for ministries and other institutions participating in the award, adding that 112 public agencies will take part in the seventh round.

Queen launches Edraak platform for open online courses

By - May 19,2014 - Last updated at May 19,2014

AMMAN — Her Majesty Queen Rania on Monday launched Edraak, a not-for-profit platform for Massive Open Online Courses (MOOCs) in Arabic, which experts said will significantly boost the employability of young Arabs and hone their skills.

Edraak, an initiative of the Queen Rania Foundation for Education and Development (QRF), was developed based on edX technology, a leading global MOOC provider founded by Harvard and the Massachusetts Institute of Technology (MIT) in the US. 

The platform will offer Arab learners access to courses taught at universities such as Harvard, MIT and UC Berkeley, amongst others, at no cost, with the potential to earn certificates of mastery for certain courses. 

In addition, Edraak will develop its own courses in Arabic taught by leading Arab faculty members and well-known professionals in a variety of fields, offering original Arabic content, according to the QRF.

Starting June, Edraak will begin by providing a number of courses, while a new set of courses will be offered towards the end of August. 

Users can register through the website www.edraak.org. 

The 10 courses already available on the portal include “Introduction to Computer Science” and “Circuits and Electronics” provided by MIT, as well as “Winning Job Search Strategies”, “CV and Cover Letter Writing” and “Personal Branding” courses provided by Bayt.com. 

During the launch, Queen Rania highlighted some of the challenges faced by the Arab world from poor quality of education and graduates’ inability to meet the demands of the job market, to the limited number of global scientific publications released and the scarcity of exports in advanced technology as well as the skill gap in the region.

“The world around us is speeding towards a future where ideas, knowledge and skills are the founding blocks of prosperity, while we drift at the bottom of global rankings in terms of knowledge, and in terms of how and what we produce,” the Queen said at the launch ceremony.

“Transformative shifts usually happen when need and opportunity meet. We desperately need quality education, and online learning is our opportunity,” she added.

The Queen noted that the Arab world has a chance to acquire the capabilities and skills needed to catch up and realise transformative leaps.

“We launched Edraak as a realisation of what we have already missed and as a way to catch up to a future befitting of us, of our history and of the message that was sent to us, urging us to ‘Read’.”  

There are millions of portals rich with knowledge, and millions of brains are pouring the products of their research and experiences online from which the world can benefit.”Today, knowledge is available for those who seek it, and education is there for those who want it,” she added. 

“Edraak will broadcast the best in the Arab world and it will translate the best internationally,” the Queen pointed out. 

“Although online learning is not a solution to all our problems, quality education that is open to everyone is an opportunity to increase our knowledge and raise the potential of the region,” she said. 

What was exclusively limited to “the few that knew” is now open to everybody who wants to know and read, Her Majesty added.

In her speech, Queen Rania voiced appreciation for all partners and stakeholders for their support, thanking Sheikh Mohammad Bin Zayed Al Nahyan, crown prince of Abu Dhabi, for his commitment to education and youth in the Arab world. She also thanked the Mikati Foundation for its support. 

edX CEO Anant Agarwal noted that the MOOC platform was launched two years ago with the hope “that our mission and work would help drive educational opportunities worldwide”.

“With our partner, the Queen Rania Foundation for Education and Development, we have made this dream a reality, and today we realise our shared vision to increase access to education for millions of Arabic-speaking students around the globe with Edraak, which will bring the transformational power of education to the Arab world and intellectually hungry youth,” Agarwal added.  

QRF CEO Haifa Dia Al Attia said the foundation was pleased with the enthusiasm the initiative has been received with by young people and Arab academics, who are working at the best universities across the world. 

She added that in the past two weeks, more than 35,000 users have registered for Edraak courses.

Irbid housing investors decry guest worker regulations

By - May 19,2014 - Last updated at May 19,2014

IRBID — Housing investors in Irbid on Monday claimed that the sector deteriorated due to the Labour Ministry’s regulations on guest workers.

Most of the 320 housing companies in Irbid said more than 500 projects have stopped as the ministry enforced regulations limiting the number of guest workers for each company to three who cannot be employed in projects for other firms in the same governorate.

Zeid Tamimi, head of the housing investors’ society, said obligating companies to keep guest workers throughout the year has increased salary costs, forcing them to hike property prices.

Fires in Sports City, Dibbeen extinguished, no injuries reported

By - May 19,2014 - Last updated at May 19,2014

AMMAN — Civil Defence Department (CDD) cadres extinguished a fire in the Sports City area in Amman and prevented it from spreading to other areas.

The fire, which broke out in dry grass, caused no injuries, the CDD said.

Also Monday, firefighters extinguished a blaze that extended over 50 dunums of trees and dry grass in Dibbeen.

The CDD said no one was injured, and an investigation was launched.

UAE urges nationals not to hunt falcons in Jordan

By - May 19,2014 - Last updated at May 19,2014

ABU DHABI — The foreign ministry of the United Arab Emirates on Monday called on its nationals not to hunt falcons while visiting Jordan.

It also warned them against smuggling falcons into the Kingdom.

The ministry said these actions are against Jordan’s laws.

Khader elected as IEC deputy chief commissioner

By - May 19,2014 - Last updated at May 19,2014

AMMAN — The Independent Elections Commission (IEC) board of commissioners on Monday elected Asma Khader as deputy chief commissioner.

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