Category: General

Amman: Director General of Cities and Villages Development Bank (CVDB), Osama Azzam, and European Union Delegation team went over Jordan’s economic challenges and possibility of making a transformation to restructure macroeconomy.

During the meeting held at CVDB’s headquarters on Wednesday, Azzam stressed importance of “Supporting Governance and Economic Reforms” Program, which is implemented by the EU, and seeks to strengthen Jordan’s “entrepreneurial” development sectors, identify sector-based priorities, and achieve “sustainable” development in the Kingdom, which contributes to enhancing economic stability.

The CVDB is participating in implementing the EU-supported program, in cooperation with the Ministry of Planning and International Cooperation.

Source: Jordan News Agency

Seoul: The US Army announced that one of its fighter jets crashed on Wednesday morning in the territorial waters off the western coast of South Korea and that its pilot survived after ejecting.

According to the Washington Times, an army statement said that an F-16 from the Eighth Fighter Wing crashed after experiencing an emergency while flying over the West Sea.

It added that the pilot was taken to a hospital after he parachuted from the crashing jet.

Source: Jordan News Agency

The Islamic Resistance issued on Wednesday the following statement: ‘In support of our steadfast Palestinian people in the Gaza Strip, and in support of their brave and honorable resistance, the Mujahideen of the Islamic Resistance targeted, at 02:45 pm on Wednesday, January 31, 2024, the enemy spy equipment at the Hanita site, with appropriate weapon, and achieved direct hits.’

In another statement, the Islamic Resistance announced: ” In support of our steadfast Palestinian people in the Gaza Strip, and in support of their valiant and honorable resistance, the Mujahideen of the Islamic Resistance targeted at 03:10 pm on Wednesday, January 31, 2024, a gathering of enemy soldiers in the vicinity of the Mitat Barracks with missile weapons, and achieved direct hits.”

The Islamic Resistance also issued a statement indicating: ‘In support of our steadfast Palestinian people in the Gaza Strip and in support of their valiant and honorable resistance, the Mujahideen of the Islamic Resistance targeted at 01:35 pm
on Wednesday, January 31, 2024, a Merkava tank at the enemy’s Bayad Blida site with appropriate weapons and achieved direct hit.”

Source: National News Agency – Lebanon

Amman: The Agricultural Credit Corporation (ACC) and the Arab Jordanian Insurance Group (AJIG) Wednesday signed an insurance agreement against the risks of death and disability on the lives of farmers who have loans to their name.

The agreement was signed on behalf of the Corporation by the General Manager, Engineer Muhammad Doujan, and on behalf of the Group by the Accounts Manager for clients, Ayman Marar, in the presence of the Chairman of the Corporation’s Board of Directors and Minister of Agriculture, Engineer Khaled Al-Hunaifat.

Agriculture Minister Khaled Hneifat said the signing of the agreement coincided with the Kingdom’s celebrations of the silver jubilee of His Majesty King Abdullah II assuming his constitutional powers, noting the King’s support for agriculture and empowering farmers through loan programmes and introducing technology.

Hneifat said that the ACC is keen to support farmers irrespective of profit, adding that the percentage of defaulters before the courts is less than 2 per cent,
the lowest compared to other lending institutions.

He added that over 9,770 farmers received a share of the total JOD52.4 agriculture projects, which created 6,822 permanent and temporary job opportunities.

ACC Director Muhammad Doujan presented the institution’s “achievements” in 2023, noting that the term of loans for agricultural and livestock production requirements was extended to two years instead of one to ensure sustainability for farmers.

Doujan added that the ACC approved an incentive discount of 50 per cent of the value of the ownership interest should the concerned parties wish to close their debts and return the lands in exchange for the debts.

He added that 200 women and men secured interest-free loans in cooperation with the Zaha Cultural Centre, adding that farmers whose livestock were impacted by the foot-and-mouth disease virus secured a JOD40,000 loan for each farmer.

He said that JOD1.140 million in free-interest loans were allocated to encourage the demand for renewable energy in coo
peration with the Energy Promotion Fund.

Source: Jordan News Agency

Caretaker Industry Minister, George Boujikian, on Wednesday welcomed Japanese Ambassador to Lebanon, Masayuki Magoshi, with whom he discussed Lebanese-Japan relations across various spheres, particularly the economic and industrial realms.

The pair explored methods to enhance Lebanese product exports to Japanese markets, especially given their adherence to international standards.

For his part, Boujikian expressed gratitude to Ambassador Masayuki for Japan’s cooperation, assistance to Lebanon, and funding programs implemented in collaboration with the United Nations Industrial Development Organization (UNIDO).

Source: National News Agency – Lebanon

Amman: Minister of Industry, Trade and Supply, Yousef Shamali, said achievements of His Majesty King Abdullah II, since he assumed his constitutional powers, are “creative” additions to shape a “modern” state with cutting-edge and institutional systems run by His Majesty wisely and successfully.

Attending a celebration of Jordan’s National Day as part Expo 2023 Doha activities, Shamali said the Kingdom stands on the cusp of a new phase of work and construction and accumulated economic achievements made over a quarter of a century under the King’s leadership.

The minister added that this process requires accelerating steps to achieve self-reliance, primarily a clear vision for economic modernization, and measures to optimize production values and enhance participatory teamwork.

Jordan’s pavilion, under the slogan “Strong Roots for a Better Tomorrow,” displays an aspect of the “rich” Jordanian experience in consolidating agricultural and environmental heritage and building on it with modern tools and innovat
ions, which tells the “story of sustainability, innovation and technology,” blending modernity with Jordan’s ancient traditions and culture, according to Shamali.

Additionally, Shamali expressed his thanks to the Qatari government for its generous invitation to Jordan to participate in Expo 2023 Doha, stressing the “deep-rooted” bilateral relations.

The government, he noted, is working in partnership with the Kingdom’s private sector to respond to needs of climate change, water and food security requirements, provide clean energy, and stimulate investments in a “wide” range of sustainable development and green economy projects.

Source: Jordan News Agency