Beijing — China's Internet of Things (IoT) market is expected to surpass $300 billion in 2025, according to an industry report. A report released by research firm International Data Corporation (IDC) on Sunday predicted that the figure will account for about 26.1 percent of the total global IoT market volume. "In the next five years, … Continue reading IoT Market in China to Surpass $300 Billion in 2025
Tag: Economy
Clearance Companies Await Lebanon-Gulf Transit Route to Reopen
Amman — The Association of Owners of Clearance and Transport Companies is anticipating the resumption of the transit operations between Lebanon and the Arab Gulf states, passing through Jordan, after a hiatus of more than a month, association President DaifAllah Abu Aqouleh said. In a statement on Sunday, Abu Aqouleh said that Jordanian clearance companies … Continue reading Clearance Companies Await Lebanon-Gulf Transit Route to Reopen
Exploring Prospects for Greater Foothold in Turkish Market
Amman — The Jordan Exporters Association (JEA) said it is exploring opportunities to increase Jordanian exports to the Turkish market, in light of a trade balance that is heavily in favor of the Turkish side. According to official data, Jordanian exports to Turkey in the first 8 months of the current year dropped by 10 … Continue reading Exploring Prospects for Greater Foothold in Turkish Market
Lebanon’s Information Minister Resigns
Beirut — Lebnaon's information minister George Kordahi resigned on Friday saying he decided to put national interest ahead of personal interest. Kordahi made the announcement at a press conference in Beirut, weeks after televised comments he made about Yemen war. Natural Beauty on Beirut Coastline. Creative Commons.
Government Shut down Averted by U.S. Senate
Washington, D.C. — The Democratic-controlled U.S. Senate on Thursday passed a bill to fund the government through mid-February, averting the risk of a shutdown after overcoming a bid by some Republicans to delay the vote in a protest against vaccine mandates. The 69-28 vote leaves government funding at current levels through Feb. 18, and gives … Continue reading Government Shut down Averted by U.S. Senate
Petra Sees Highest Guest Numbers since Pandemic Outbreak
Petra — A total of 41,466 guests visited Petra city during November of this year, the highest number of monthly tourists since the outbreak of the COVID-19 pandemic in March, 2020, the Petra Development and Tourism Region Authority (PDTRA) said on Thursday. According to PDTRA statistics, the tourists included 32,903 foreign visitors, 2,093 Arab visitors … Continue reading Petra Sees Highest Guest Numbers since Pandemic Outbreak
$100 Million Loan MoUs Signed by Jordan and Japan
Amman — Memoranda of Understanding (MoUs) were signed between Jordan and Japan on Monday, according to the Jordanian News Agency (Petra). The Minister of Planning and International Cooperation, Nasser Shraideh, signed the MoUs on behalf of Jordan while Japan's Ambassador to Jordan, Shimazaki Kaoru, and JICA's Chief Representative in Amman, Chie Miyahara, were signed on … Continue reading $100 Million Loan MoUs Signed by Jordan and Japan
Expanding Amman’s Bus Fleet
Amman — Yousef Shawarbeh, Mayor of Greater Amman Municipality (GAM), signed an agreement with Turkish Autocar company to provide 136 new buses, according to Jordan News Agency (Petra). Amman bus routes already operate a 135-bus fleet. Shawarbeh said. The municipality is keen to raise the efficiency of Amman’s transportation services through building partnerships with financers, … Continue reading Expanding Amman’s Bus Fleet
Largest Corporates Sign a Net-Zero Carbon Pledge
Amazon, Twitter, and 200 other companies endorsed a climate pledge that aims to reduce their carbon emissions over the next two decades. The project is part of a collaboration between Amazon and the advocacy group Global Optimism. The companies sequentially agree to net-zero carbon ten years ahead of the goals laid out in the Paris … Continue reading Largest Corporates Sign a Net-Zero Carbon Pledge
Jordan Improves 9 Places on Corruption Index
Amman — The Global Corruption Index (GCI) released the 4th edition of the annual report (GCI) 2021, in which, Jordan ranked first regionally and 57th globally. The annual report includes 196 countries and territories; it renders an outline on the condition of corruption around the world based on 43 variables, according to the GCI website. … Continue reading Jordan Improves 9 Places on Corruption Index