Amman Stock Exchange closes higher by 0.52%
The trading volume totaled approximately 2.5 million shares, with a total value of JD4.5 million, executed through 1,962 transactions.
Out of the traded companies, 38 recorded an increase in share prices, while 20 saw a decline, and 41 remained unchanged. Petra
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Ammon
an hour ago
- Ammon
QAIA sees record 4.4m passengers H1 2025
Ammon News - The Queen Alia International Airport (QAIA) has reported its highest-ever first-half passenger traffic, welcoming 4.4 million passengers during the first six months of 2025, according to Airport International Group's latest operational report. The airport processed 4,406,690 passengers in H1 2025, representing a 6% increase compared to the same period in 2024. This milestone was driven by the restoration of regional and European routes and increased travel demand during Ramadan and Eid al-Fitr holidays. Aircraft movements totaled 36,331, marking a 2.2% year-over-year increase, while cargo volumes reached 32,086 tons, experiencing a 16.5% decline from the previous year. However, June 2025 presented challenges as regional tensions led to flight disruptions. The airport served 717,840 passengers in June, reflecting a 16.6% decrease compared to June 2024, with aircraft movements and cargo handling also declining by 19.6% and 27.5% respectively. QAIA demonstrated resilience through strategic airline partnerships and route expansion. flyadeal and Ajet returned to QAIA's network, while Royal Jordanian expanded its global reach with new routes to Damascus, Aleppo, Mumbai, and Washington D.C. Additionally, Libyan Wings and SunExpress commenced operations at the airport. These additions strengthen QAIA's position as a regional aviation hub and enhance connectivity across key international markets. A significant environmental milestone was achieved with the April inauguration of the Shams al Mattar Lil-Taqa Solar Farm, operated by Shams al Mattar lil-Taqa (Kawar Investment). The 4.8 MWac facility generates over 10.5 GWh of electricity annually, meeting nearly 25% of Airport International Group's operational energy requirements while reducing CO? emissions by approximately 12,000 tons yearly. This initiative positions QAIA among the largest solar-powered airports in the Middle East and North Africa region. Infrastructure improvements continued with Menzies Aviation and Aviation Handling Services opening a second 8,000 square meter air cargo facility in January, effectively doubling QAIA's cargo handling capacity and creating additional employment opportunities. The airport also enhanced passenger processing capabilities through the June trial launch of nine smart e-gates, with five installed in Arrivals and four in Departures, designed to expedite travel procedures for Jordanian citizens and improve operational efficiency during peak periods. QAIA's commitment to passenger satisfaction earned international recognition when it was named the "Most Enjoyable Airport in the Middle East" for the second consecutive time, based on the ACI World 2024 ASQ Survey. The airport also successfully renewed its Level 3 ACI World Airport Customer Experience Accreditation in February, further validating its service excellence standards. Community engagement expanded through the Airport International Group Foundation's 'Hirfati' vocational training center, which registered a 20% increase in applications. Six specialized courses benefited 75 participants across sectors including Fashion Design and Tailoring, Programming and Software Development, Health and Occupational Safety, Mobile Phone Maintenance, HVAC, and Warehouse Management. The airport also established a strategic partnership with Extime JCDecaux Airport to deploy innovative and sustainable advertising solutions throughout the terminal. Nicolas Deviller, CEO of Airport International Group, reflected on the achievements: "The first half of 2025 emphasizes the enduring strength of QAIA as a vital national asset and a cornerstone of Jordan's air transport sector. In the face of regional adversity, we remained focused on growing our traffic and delivering impactful projects, innovative enhancements and passenger-centric services that uphold the highest international standards and shape QAIA into a welcoming airport that feels like home." Despite regional challenges affecting June performance, QAIA's strategic investments in infrastructure, sustainability, and passenger experience position the airport for continued growth throughout 2025. The foundations established during the first half of the year, including enhanced cargo capacity, renewable energy integration, and expanded airline partnerships, are expected to drive performance for the remainder of the year and beyond. Airport International Group operates Queen Alia International Airport under a public-private partnership with the Government of Jordan, serving as the kingdom's primary gateway for international air travel. Petra
Ammon
3 hours ago
- Ammon
Google's AI Overviews reach over 2 billion monthly users
Ammon News - Google is all-in on AI, and based on the company's latest quarterly earnings, AI has been good for its bottom line. In a press release for Alphabet's Q2 2025 earnings, CEO Sundar Pichai said that 'AI is positively impacting every part of the business' and that features like AI Overviews and AI Mode are 'performing well.' The company is also planning to increase its planned capital expenditures for the year up to $85 billion, according to Pichai. That's an increase of $10 billion, and could be a sign that Alphabet wants to keep pace with massive data center buildouts from companies like OpenAI and Meta. 'Our updated outlook reflects additional investment in servers, the timing of delivery of servers, and an acceleration in the pace of datacenter construction, primarily to meet cloud customer demand,' CFO Anat Ashkenazi said during Alphabet's Q2 earnings call. For the quarter, Alphabet reported revenue of $96.4 billion, up 14 percent year over year, with revenues for its 'Google Search' segment reaching $54.1 billion. Pichai's comments in the press release on AI align with recent findings from Pew, which suggested that AI Overviews appear to be successful at getting people answers but at the expense of clicks through to the websites that would otherwise offer them. AI Mode also has more than 100 million monthly active users in the US and India, while AI Overviews has more than 2 billion monthly users across 'more than 200 countries and territories and 40 languages,' Pichai said during the call. 'We are also seeing that our AI features cause users to search more as they learn that Search can meet more of their needs,' which is 'especially true for younger users.' Pichai also said that the Gemini app now has 450 million monthly active users, 'with daily requests growing over 50 percent from Q1.' During the second quarter, Google hosted its annual I/O developer conference, which was jam-packed with AI-focused announcements like the rollout of AI Mode for Search (which news publishers have called 'theft'), upgrades to its video and image generation models, Gemini AI in Chrome, and much more powerful smart replies in Gmail. (Based on that event, Google's future is Google googling.) And just ahead of I/O, Google hosted an Android-focused show where it revealed the youthful new design language for Android 16. At the same time, Google is anticipating the ruling from the remedy phase of the Department of Justice's lawsuit, which took place during the second quarter as well. Last August, a judge ruled that Google 'is a monopolist' in that antitrust case, and remedies could include Google getting broken up. (A lot of companies have expressed interest in buying Chrome.) The company also changed its 'G' logo for the first time in nearly a decade. The Verge
Ammon
4 hours ago
- Ammon
Gold market sees dip in prices, 21-karat price at JD68.1
Ammon News - Thursday, the price of gold in local market dropped by 40 piasters, according to the General Syndicate of Owners of Trade and Jewelry Shops. The selling price for 21-karat gold recorded JD68.10 per gram in local market on Saturday, while the purchase price is JD65.90, according to the Jordanian Jewellers Syndicate (JJS), according to the General Syndicate of Owners of Trade and Jewelry Shops. The selling price of gold per gram for 24-karat and 18-karat reached JD78.10 and JD60.50 respectively. The selling price of a gram of 14-karat gold reached JD46.00.
