Real Estate & Property Investment News in Jordan from Propertyshowrooms.com

Syria, Jordan Review Cooperation in Railway and Road Transport

Mon, 5 Jan 2009 00:00:00 GMT

Syrian Minister of Transport Dr. Ya'rob Badr reviewed Sunday with Secretary-General of the Jordanian Transport Ministry Muhannad al-Qadat and the accompanying technical committee the cooperation relations between the two countries in the field of rail and road transport and exchange of goods...

Jordan: Amman to have 3 railway routes

Tue, 25 Nov 2008 00:00:00 GMT

Several megaprojects designed to improve the Kingdom's transport sector and ensure smooth traffic movement in the country were announced Monday...

ASE hits historic low; gov't urged to intervene

Tue, 25 Nov 2008 00:00:00 GMT

Amman Stock Exchange (ASE) dropped to historic levels on Monday, with analysts and experts expecting the successive declines to continue unless the government intervenes...

Jordan's King briefed on housing project

Mon, 17 Nov 2008 00:00:00 GMT

Jordan's His Majesty King Abdullah urged the concerned agencies to implement the Decent Housing for Decent Living initiative, a nationwide, housing megaproject, "effectively and in accordance with a fixed time frame"...

Jordan: Second Airbus A319 joins RJ fleet

Wed, 5 Nov 2008 00:00:00 GMT

Royal Jordanian (RJ) recently received the second of four Airbus A319s, named Maan, according to a statement released by the airline. The newly manufactured aircraft will fly to medium-range destinations in Europe, the Indian subcontinent and the Arabian Gulf...

Swicorp buys $150 million stake in Jordan Aviation

Thu, 11 Sep 2008 00:00:00 GMT

Saudi-based private equity firm Swicorp said yesterday it has spent more than $150 million to buy a strategic stake in Jordan Aviation, a leasing firm active in the Middle East and whose top client is the United Nations...

GAM considering metro project in Amman

Wed, 20 Aug 2008 00:00:00 GMT

The Greater Amman Municipality (GAM) is conducting studies to construct a metro rail, the first phase of which will link downtown Raghadan to University of Jordan (UoJ) Street...

Royal Decree endorses 2008 Traffic Law in Jordan

Mon, 18 Aug 2008 00:00:00 GMT

A Royal Decree was issued endorsing Traffic Law No. 48 for 2008, which will go into effect 30 days after it is published in the Official Gazette, the Jordan News Agency, Petra, reported...

Jordan: First phase of Abdali project to be completed by 2010

Fri, 15 Aug 2008 00:00:00 GMT

With the construction of high-rise commercial and residential towers under way, the first phase of the Abdali Urban Regeneration project is expected to be completed by 2010, according to project organisers...

Net non-Jordanian investments at ASE increase by JD234.3m in seven months

Thu, 7 Aug 2008 00:00:00 GMT

Total value of shares purchased by non-Jordanians since the beginning of this year until the end of July was JD2,857.7 million, representing 19 per cent of the overall trading value, while the value of shares sold in the same bracket amounted to JD2,623.4 million...

Western Union expands services in Jordan

Wed, 6 Aug 2008 00:00:00 GMT

Western Union announced on Tuesday it will be extending its services in Jordan through Jordan Post, an agent affiliated with Cairo Amman Bank.Jordan Post will offer the complete range of Western Union services across all its 365 branch offices...

Jordan's Housing Bank ups first half profit to record JD90 million

Sun, 3 Aug 2008 00:00:00 GMT

The Housing Bank for Trade and Finance (HBTF) raised its pretax profit by 25 per cent to JD90 million during the first half of 2008 compared to JD72.1 million in the same period of 2007, an HBTF press statement said...

RJ generates JD315 million in operational earnings

Sun, 3 Aug 2008 00:00:00 GMT

Royal Jordanian(RJ) beefed up its operational earnings by 33 per cent during the first half of 2008, President/Chief Executive Officer Samer Majali announced...

Jordan's Govt Seeks Funds For Big Railway Project

Sun, 27 Jul 2008 00:00:00 GMT

The government seeks to secure JD4.3 billion to finance a railway project linking major cities and economic centres in Jordan with neighbouring countries...

Work begins on tallest building in Jordan

Wed, 23 Jul 2008 00:00:00 GMT

Local developer, Limitless has broken ground on its $300 million project in Amman, Jordan. The tower will be the tallest buildings in Jordan on completion...

50 investment companies, developers express interest in relocation of Aqaba port

Tue, 22 Jul 2008 00:00:00 GMT

Fifty investment companies and developers have expressed interest in executing the recently announced project for the relocation of Aqaba Port...

Cornerstone Launches Complete Integrated Real Estate Solutions in Jordan

Tue, 15 Jul 2008 00:00:00 GMT

Cornerstone, the region's complete integrated real estate solutions company, announced its launch in Jordan today, opening offices in Amman, Zarka and Aqaba...

Jordan proposes effective regional transport system

Mon, 14 Jul 2008 00:00:00 GMT

Jordan on Sunday underscored the need for an effective transport system in the Middle East...

Taameer Jordan Holdings and CEC Signs a Contractual Agreement

Tue, 8 Jul 2008 00:00:00 GMT

Taameer Jordan Holdings (TJH), one of the largest real-estate developers in Jordan, recently signed a contractual agreement with Civil Engineering Company CEC...

Jordan launches new $536 million port in Aqaba

Sun, 29 Jun 2008 00:00:00 GMT

(Arabic) Aqaba Development Corporation launched a tender to develop the new Aqaba port and Chief Commissioner of ASEZA Dr. Hosni Abu Gheida talks about the goal...