A
- Advertising Agencies
- Arabic Sweets,
Pastries, Chocolates
- Architects


B
- Banks
- Beauty


C
- Car Rental
- Coffee Shops
- Commerce
- Consulting
- Craft


D
- Data Processing &
Computer Systems
- Decoration &
Furnishing


E
- Environment / Waste
Management Services
- Express Delivery
- Equipment : food
services, catering,
kitchen, laundry


F
- Financial Services
- Flowers
- Food & Beverage


H
- Hotels 3
- Hotels 4 & 5
- Hotels & Suites


I
- Industry
- Insurance
- Interior Design /
Decoration
- Internet


J
- Jewelleries


L
- Leisure
- Lighting


M
- Medias
- Medical / Technology


O
- Office Equipments /
Electronics
- Outside Decoration


P
- Printing


R
- Real Estate
- Restaurants


S
- Security
- Shop Systems
- Superstores


T
- Telecommunication &
Mobile Phones
- Transport
- Travel Agencies










 


 
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French Version

Business Scene

The Central Bank of Jordan (CBJ) reactivated procedures to combat money laundering in Jordan. A CBJ statement noted recent amendments to the Penal Code included articles prohibiting unknown or suspected financial deposits in local banks.

Procedures ensure deposits that surpass JD 10,000 should be documented under a strict information system. The statement urged bankers and financial officials to be careful of such deposits and inform authorities if any are placed. Jordanian bank branches abroad are also under the tenets of the latest amendments.

* Jordan is part of pan-Arab international investments said to be worth $18.9 billion. These joint ventures intend to develop information and communications technology in the region. Jordan's participation focuses on a $2 billion project in which four Arab countries will install a 27,000-kilometer fiber-optic cable through the Arabian Peninsula and Red Sea. Saudi Arabia, Egypt and the United Arab Emirates will take part in the project, expected to begin operations in 2003. The project is part of a 300,000-kilometer enterprise to link more than 100 countries worldwide. * Non-Jordanians are allowed to obtain 100 percent ownership of Information Technology industries. Reem Badran, director general of the Jordan Investment Board, said Jordanian legislation has paved the way for Arab and foreign investors to establish IT businesses and run them freely. Jordan's IT sector contributes 5.6 percent to the Jordanian GDP. Its exports are estimated at around $60 million a year. Badran noted the IT industries in Jordan retain a 100 percent tariff-exemption on industrial supplies used for IT development.

* The amount of bad checks in Jordan declined in September by 1.5 percent to JD 36 million. Local bankers believe the latest procedures by the CBJ to revitalize a stricter structure against bad-check writers contributed to the decline. Checks worth JD 19.5 million were rejected for insufficient funds, while JD 16.5 million were returned for other reasons. * More than JD 20 million was provided in loans to 1000 Jordanian farmers last year. These loans were obtained from the Jordan Agricultural Loaning Corp. Almost 50 percent of the loans went to agricultural production, followed by animal production. For 2001 the Corporation aims to provide JD 18 million in loans to support animal and agricultural investments in the Kingdom. It will also execute a rehabilitation plan to increase its capital to JD 50 million. * The Social Security Corp has decided to pay for Jordanians who worked abroad before returning home. Ahmed Abdel Fattah, SSC's general director, said the corporation is helping Jordanian employees obtain their pension wages more efficiently. Those men who are over 60, 55 for women, are excluded from the plan. The allowances will be paid in monthly installments. * A JD 11.6 million budget was approved for the Vocational Training Corp for 2001-2002. The budget includes new safety and health procedures scheduled for implementation in different economic sectors around the Kingdom.


Amman,27October2001
The Star redaction
The Star


Geography
Some Marks
To see in Jordan
Overview
Fairs & Exhibitions
Useful Addresses
Media of 1stjordan
Impact of 1stjordan
The 'First Jordan' Card
Press Book
Exotica - Flowers - Shopping on line
www.exotica.com.lb
Engineering Consultants Lebanon
www.spectrumlb.com
Nsouli Jewelry Lebanon
www.nsoulijewelry.com
Hotel Beirut Lebanon
acropolishotel.com
Rent Villas France for Holidays, Seasonal Rentals France
www.rent-villas-france.com
Sole Agent for Philips & Whirlpool in Lebanon
www.azelectronic.com
Arab Printing Press Lebanon
www.arab-printing-press.com
Hotel Beirut Lebanon
www.hotelcavalier.com
Arabic Music, CD Arabia
www.cd-arabia.com
Hotels Syria
www.chamhotels.com
Groupe PMR
www.groupe-pmr.com