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 Amman Stock Exchange (ASE) increased 8.7 points at the end of July 2001. Insurance companies achieved the largest gains with a 21.5 percent over the same period in 2000. Banks and financial portfolios were next with a 15 percent increase.

* The Amman Stock Exchange (ASE) increased 8.7 points at the end of July 2001. Insurance companies achieved the largest gains with a 21.5 percent over the same period in 2000. Banks and financial portfolios were next with a 15 percent increase. The industrial sector saw the largest losses this year. ASE observers believe this is due to the conservative nature of most investors and shareholders. Many seem to content to wait to take part in ASE's daily trading. The political situation in the region has contributed to this hesitance. Upcoming bi-annual report announcements are expected to provide a good barometer for future ASE movements.

* The Ministry of Trade and Industry wants to stimulate local banks to purchase shares in poorly performing companies. Ministry sources indicated negotiations are currently underway to support the under-performing companies financially via local banks-the creditors of these companies-receiving shares equivalent to the company's debt. A program will be launched this year by the ministry to improve the finances of a number of under-performing companies in Jordan.

* Jordanian Free Zones Corp (JFZC) increased its revenue by 20 percent this year to JD 3.8 million. The JFZC's statistics indicate expenditures declined 13.5 percent in the first half of this year compared to 2000. Investments worth JD 35 million are currently going ahead at the Zone. These projects are being conducted jointly by the Amman Resources Co and Middle East Gateway Projects Co. The zone is expected to attract more than $80 million in investment by 2005.

* Non-Jordanian investment in the Kingdom increased 43 percent this year to JD 71 million. Approximately 30 percent of this went to the industrial sector. Gross investments at the Qualified Industrial Zones (QIZ) in Jordan are estimated at JD 150 million. Another JD 80 million in investment is currently being developed. This year about JD 244 million was employed in investments around the Kingdom. More than 34,000 Jordanians are currently employed as a result of these investments.

* This July about 1870 new companies with JD 17 million in capital were registered at the Ministry of Trade and Industry. This is a decline of JD 4 million from July 2000. Individual enterprise accounted for near 75 percent of the registered companies, but only brought JD 5.6 million in capital.

* A $100 million project is currently underway at the Aqaba Special Economic Zone. The project, jointly operated by the Arab Potash Co and the Finnish Kemira Co., is expected to export $70 million in minerals each year.

* The Arab Pharmaceuticals Co (APC) earned JD 4.3 million in profits in the first half of 2001. This is an increase of 18 percent over last year. APC's sales also increased this year by 9 percent to JD 16 million. APC was one of the most active stocks at Amman Stock Exchange last week. APC sources indicate the company will double profits by the end of the year.


Amman,11August2001
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