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SHARE The European Bank for Reconstruction and Development (EBRD) plans to invest at least €2.1 billion ($2.47bn) in the Middle East and North Africa this year, mostly in the renewables and technology sectors, an executive of the London-based bank said. The lender already has investments in a number of countries in the region, including Egypt, Morocco, Tunisia, Lebanon, Jordan and the West Bank and Gaza. “Last year, we’ve done €2.1bn in the Mena region and this would roughly be similar to what we will do this year but we are a demand-driven institution and we have appetite to grow,”...

Royal Rivalry Bares Social Tensions Behind Jordan’s Stable Veneer The standoff between King Abdullah II and his half brother, Prince Hamzah, wasn’t just palace intrigue. It hinted at Saudi meddling and highlighted wider tensions within Jordan’s complex society. A poster of King Abdullah II of Jordan on a street in Amman on Wednesday.Credit...Mohammad Ali/EPA, via Shutterstock April 10, 2021, 5:00 a.m. ET AMMAN, Jordan — The prince and the general paced the garden outside the prince’s palace, locked in a deep argument. The prince was shouting, the general was barely au...

Published April 10, 2021, 2:41 PM The Philippines was officially tapped to host some of the remaining games of the FIBA Asia Cup Qualifiers in mid-June after being postponed twice due to the COVID-19 pandemic. FIBA Asia’s regional office in Beirut, Lebanon announced late Friday, April 9, that Clark, Pampanga will hold games in Group A, B and C under a bubble setup on June 16 to 20, barring another health crisis that may force another postponement. Games in Group E and F will take place in Amman, Jordan on June 12 to 14. Clark was once again tapped to host the continental qualifiers after or...

UNICEF, Dar Abu Abdullah join hands in creating jobs amid pandemic By Batool Ghaith - Apr 08,2021 - Last updated at Apr 08,2021 UNICEF and Dar Abu Abdullah have partnered to provide women and youth in Jordan with access to employment through the production of hundreds of thousands of non-medical face masks to support the national COVID prevention response, in addition to providing training in financial literacy and leadership (Photo courtesy of UNICEF) AMMAN — UNICEF and Dar Abu Abdullah have partnered to provide women and youth in Jordan with access to employment through the production of ...

The palace feud has exposed the long simmering tensions in Jordan When Jordan’s King Hussein was on his deathbed, fighting cancer, he surprised the nation by dismissing his brother Hassan bin Talal as Crown Prince in favour of his son Abdullah. Prince Hassan had been Crown Prince for more than three decades and was almost sure to ascend the throne. But he accepted the King’s decision and when Hussein died on February 7, 1999, Abdullah became the new monarch. As per the dying wishes of his father, King Abdullah II appointed his half brother Hamzah bin Hussein as the new Crown Prince. Husse...