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Jordanian Banks
January 8th, 2024 - 08:48 GMT

Jordanian Banks collaborate to launch $388M private sector investment fund

ALBAWABA - The Jordan Capital and Investment Fund (JCIF) is a private sector fund backed by 16 local banks in Jordan. It was established in 2021 with a capital commitment of 275 million dinars ($387.6 million) and was officially registered under the 2022 Investment Environment Law. The objective of the fund is to provide financing to promising Jordanian firms with growth, development, and expansion prospects. It aims to enhance job ...
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Is Venmo Blocking Donations for the Palestinian Relief Fund?
May 20th, 2021 - 08:03 GMT

Is Venmo Blocking Donations for the Palestinian Relief Fund?

UAE and Israeli flags
March 15th, 2021 - 03:00 GMT

What Investments Is The UAE Planning To Make In Israel?

(Shutterstock/ File Photo)
April 22nd, 2020 - 08:20 GMT

Jordan Launches Goodwill Campaign to Fund Underprivileged Families

UAE App Raises $1 Million Seed Funding
December 1st, 2019 - 11:30 GMT

UAE App Raises $1 Million Seed Funding

China-Bahrain $50 Million Fund Targets Middle East Tech Market
November 21st, 2019 - 01:00 GMT

China-Bahrain $50 Million Fund Targets Middle East Tech Market

Of the roughly $370 million required for the year, roughly $96 million had been donated to the organisation as of July 30
August 15th, 2019 - 05:30 GMT

UNHCR's Jordan Operations Are Only 27 Percent Funded for Its Annual Needs

The projects include the restoration of damaged houses and school buildings, as well as the establishment of a hospital for women and children.
August 7th, 2019 - 11:30 GMT

UAE to Fund $9.8 Million Projects in Comoros

The facilities, owned by the Jordan Oil Terminals Company (JOTC), will effectively provide a strategic reserve of fuel for emergency cases
June 14th, 2019 - 03:00 GMT

Project Funded by UAE to Provide Jordan with Strategic Oil Reserve

Saudi Arabia’s Vision 2030 reform plan is expected to transform the country’s key wealth fund into one of the world’s largest sovereign investment vehicles.
June 10th, 2019 - 01:00 GMT

Report: Saudi Arabia’s Key Wealth Fund Has $300 Billion in Assets

Of the funding requirements, $702.9 million was allocated for refugees.
June 3rd, 2019 - 08:00 GMT

Jordan Receives 4.6 Percent from Funding Required for Aid Program

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