Jordan Approves Settlement of 419 Tax Disputes to Support Economic Activity - Jordan News
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Proceeds from Jordan International Food Festival 2025 to Support Gaza's Children - Jordan News
The Jordan Tourism Board announced on Wednesday that all ticket proceeds from the 2025 Jordan International Food Festival, scheduled to take place in Amman from August 6 to 11, will be dedicated to supporting children in the Gaza Strip. اضافة اعلان In a statement, the board described the move as a humanitarian gesture reflecting Jordan's steadfast solidarity with the people of Gaza and Palestine. Now in its second edition, the festival promotes a societal and developmental vision, aiming to support emerging projects and entrepreneurs in the culinary and food industries by offering a platform to showcase, grow, and network in cooperation with the private sector. The board noted that the event will feature 165 Jordanian entrepreneurial projects, 76 women-led community initiatives, 180 Jordanian restaurants, and 20 food factories. It also includes participation from 38 local communities across the Kingdom through productive kitchens, handicrafts, and immersive cultural experiences led by local men and women. The board stressed the importance of such initiatives in stimulating tourism, generating employment, and boosting the national economy.
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Under Royal directives .. Jordan sends aid convoy to southern Syria
Ammon News - Under royal directives, the Jordan Hashemite Charity Organization (JHCO), in coordination with the Jordan Armed Forces-Arab Army, dispatched a food and medical aid convoy to our brothers in the Syrian Arab Republic on Wednesday. The aid convoy arrived in southern Syria just hours after Jordanian aid was sent to the Gaza Strip, reflecting Jordan's support for its Arab brothers and sisters during these exceptional circumstances. JHCO Secretary-General, Hussein Shibli, said that coordination had taken place with the Syrian government to bring in aid through the Jaber/Nassib border crossing, in preparation for transporting the aid to the residents through the Syrian Red Crescent and distributing it to those who deserve it. A convoy of 10 trucks set off after being loaded from the JHCO's warehouses with the necessary food supplies, especially flour, as well as medicines, medical supplies and consumables, Shibli noted. In addition, Shibli indicated that this aid comes as a form of support for our brothers and sisters in Syria, following the difficult circumstances their people have endured due to the bloody events that occurred last week.
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Housing Bank Launches Jordan's First Supply Chain Finance Program for Reverse Factoring - Jordan News
Housing Bank Launches Jordan's First Supply Chain Finance Program for Reverse Factoring Housing Bank has announced the launch of Jordan's first supply chain finance program, offering reverse factoring of trade invoices in a move that reinforces its leadership in financial innovation. The program digitally integrates the bank's trade finance system with CreditPlus, Jordan's first digital platform specialized in supply chain finance. اضافة اعلان The new program aims to empower small and medium-sized enterprises (SMEs), which are the backbone of the Jordanian economy and key suppliers of goods and services. This is done by providing them with innovative, sustainable, and lower-cost financing solutions compared to traditional means. By ensuring continued cash flow within supply chains, the program helps SMEs maintain operations, supporting job creation and economic growth in Jordan. This launch aligns with Housing Bank's commitment to fostering a more inclusive and sustainable business environment by addressing the financing challenges faced by SMEs, which represent a significant segment of businesses in the Kingdom. It also reflects the bank's ongoing efforts to enhance Jordan's digital financial infrastructure by adopting advanced financial technology solutions that facilitate easy, non-traditional financing and expand financial inclusion. The program offers a range of digital trade finance solutions, including invoice financing and reverse factoring, enabling SMEs to improve their liquidity, accelerate growth, and enhance competitiveness. Suppliers can collect payments for their invoices earlier and at a lower financing cost, based on confirmed transactions and the credit standing of their buyers, without the need for traditional guarantees or prior credit limits. Additionally, the platform supports the digitization of financial and commercial operations for SME suppliers, enabling seamless integration with stakeholders while enhancing operational efficiency, invoice management, and reducing operational risks. This initiative builds on Housing Bank's comprehensive suite of products and services for SMEs, which includes tailored financing programs, advanced electronic services, and a wide range of trade finance solutions. The launch, in partnership with award-winning fintech CreditPlus, further demonstrates the bank's strategy to consolidate its position as a leader in digital transformation in the banking sector. Notably, the program aligns with Housing Bank's strategy to strengthen its leadership in digital transformation across both operational and banking services. It marks a significant addition to the bank's comprehensive suite of digital solutions and channels, which includes specialized banking programs for children and youth, a nationwide network of modern branches and ATMs with interactive screens, and a 24/7 call center, all designed to provide high-quality service and support to individuals and businesses across Jordan.
