Housing Bank Sponsors Residential Housing at King's Academy - Jordan News
Housing Bank has reaffirmed its commitment to education through its recent support of King's Academy, a leading boarding and day school in Madaba. In recognition of this contribution, the school has renamed the Sulafat house to bear the bank's name. اضافة اعلان Sulafat House is one of nine residential houses within King's Academy's boarding program and is dedicated to welcoming and housing first-year students. The residence was established as part of His Majesty King Abdullah II's vision for King's Academy to serve as a model for secondary education in the Middle East. This initiative also aligns with Housing Bank's corporate social responsibility strategy, which emphasizes support for the education sector. The name Sulafat is inspired by the Arabic word for 'turtle,' referencing the star Sulafat, the second brightest in the Lyra constellation. Much like its celestial namesake, the residence embraces the principle of 'slow but steady' growth, nurturing students with the skills and independence needed for long-term personal and academic success. Housing Bank's sponsorship of Sulafat is part of a broader history of partnership with King's Academy, which includes contributions to the school's guest house, student scholarship programs, and other educational initiatives. This continued support reflects the bank's five-decade-long legacy of empowering academic institutions and advancing educational opportunities across Jordan. It is worth noting that King's Academy, a non-profit school, provides need-based financial assistance to nearly 50% of its students, making high-quality education accessible to a wide range of talented youth. The school's mission—to offer transformative learning experiences and shape future leaders who will make a positive impact in their communities and beyond—resonates deeply with Housing Bank's values and vision for sustainable development.
It is worth noting that Housing Bank's recent support for King's Academy, a leading non-profit school, stems from the bank's belief in the role the school plays as a model for schools in Jordan and the world. It is committed to providing need-based financial grants to approximately 50% of its students, aligning with its transformative mission, centered on providing pioneering and unprecedented educational opportunities for promising youth, enabling the youth to make change within their communities and beyond.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Jordan News
2 days ago
- Jordan News
Housing Bank Sponsors Residential Housing at King's Academy - Jordan News
Housing Bank has reaffirmed its commitment to education through its recent support of King's Academy, a leading boarding and day school in Madaba. In recognition of this contribution, the school has renamed the Sulafat house to bear the bank's name. اضافة اعلان Sulafat House is one of nine residential houses within King's Academy's boarding program and is dedicated to welcoming and housing first-year students. The residence was established as part of His Majesty King Abdullah II's vision for King's Academy to serve as a model for secondary education in the Middle East. This initiative also aligns with Housing Bank's corporate social responsibility strategy, which emphasizes support for the education sector. The name Sulafat is inspired by the Arabic word for 'turtle,' referencing the star Sulafat, the second brightest in the Lyra constellation. Much like its celestial namesake, the residence embraces the principle of 'slow but steady' growth, nurturing students with the skills and independence needed for long-term personal and academic success. Housing Bank's sponsorship of Sulafat is part of a broader history of partnership with King's Academy, which includes contributions to the school's guest house, student scholarship programs, and other educational initiatives. This continued support reflects the bank's five-decade-long legacy of empowering academic institutions and advancing educational opportunities across Jordan. It is worth noting that King's Academy, a non-profit school, provides need-based financial assistance to nearly 50% of its students, making high-quality education accessible to a wide range of talented youth. The school's mission—to offer transformative learning experiences and shape future leaders who will make a positive impact in their communities and beyond—resonates deeply with Housing Bank's values and vision for sustainable development. It is worth noting that Housing Bank's recent support for King's Academy, a leading non-profit school, stems from the bank's belief in the role the school plays as a model for schools in Jordan and the world. It is committed to providing need-based financial grants to approximately 50% of its students, aligning with its transformative mission, centered on providing pioneering and unprecedented educational opportunities for promising youth, enabling the youth to make change within their communities and beyond.
Ammon
3 days ago
- Ammon
HRH Al Hussein's Call to Innovate
His Royal Highness Crown Prince Al Hussein bin Abdullah II stood before the nation at the 'Tawasol' forum not as a figurehead, but as a visionary—a leader with a fire in his voice and the future of Jordan in his heart. His words were not ceremonial—they were catalytic. He spoke of a Jordan that does not wait for the world to change but dares to shape it. A Jordan that refuses to be a footnote in someone else's success story. This was a moment of awakening. A call to action. A clear message: we either build the future with our own hands—or be left behind by those who do. When His Royal Highness spoke of Artificial Intelligence, he wasn't referencing a far-off trend or a passing buzzword. He was outlining a revolution—one that must run through the very veins of our society. AI is not just about smarter apps or faster services. It is the new infrastructure of power. Those who master it will lead the world. Those who don't, will follow indefinitely. Imagine a Jordan where AI detects cancer at its earliest stages, saving thousands of lives with faster, more accurate diagnoses. Where a small clinic in Tafileh has access to the same diagnostic power as top-tier hospitals. Imagine AI-powered drones monitoring farms in the Jordan Valley, detecting pests before they spread, maximizing crop yields, and conserving precious water. Or imagine an education system where every student—from Amman to Ajloun—has a personalized AI tutor, unlocking each child's full potential and making world-class learning accessible to all. These aren't distant dreams—they are already reshaping countries that once stood where we stand now. This transformation cannot rest solely on government institutions. It is a national mission that requires the full force of our collective will. But let us be clear: the government must lead with courage. It must invest boldly in homegrown tech startups, provide direct funding for innovation hubs, and reform outdated legislation that stifles ambition. We cannot ask our youth to innovate inside a system that punishes speed and rewards stagnation. Our education system must also be completely reimagined—from the first years of school to the final years of university. Coding, robotics, data science, and creative problem-solving must become foundational, not optional. We must prepare our young people not just to take jobs, but to create industries. And our employment and training strategies must align with global demand—not just domestic needs—so that Jordanian talent can compete and lead anywhere in the world. As His Majesty King Abdullah II once said, even the most advanced hospital is meaningless without skilled human hands. Our true wealth lies not in our land, but in our people. In our engineers who build global apps, our doctors who serve in war zones, our entrepreneurs pitching ideas to international investors. These young Jordanians are not looking for favors—they are demanding a fair chance. They don't want charity—they want trust, belief, and opportunity. We are blessed with political stability. We are rich in talent. We are fueled by a youth full of ambition and resilience. The only missing element is a unified national decision to unlock it all—and that decision is now echoing through the voice of His Royal Highness. His Royal Highness has drawn the map. The path is clear. Now it falls to us—to educators, to entrepreneurs, to policymakers, to every citizen—to build what he envisioned. We must construct a national ecosystem that produces technology, not just imports it. One that exports solutions, not problems. One that graduates leaders, not job seekers. As the Crown Prince said: 'If knowledge is power, then creative ideas are wealth.' These are not just inspiring words—they are a blueprint. A call to create curricula that ignite imagination, to launch national projects that change lives, and to build companies that place Jordan on the global innovation map. If we rise to this challenge, history will remember this as the moment Jordan turned ambition into action, vision into legacy. But if we hesitate, if we retreat into old habits and comfortable excuses, we will be left to answer to future generations for the opportunity we failed to seize. This is our moment. This is our mission. Let's build the Jordan that the future deserves.
Jordan News
6 days ago
- Jordan News
Housing Bank and Saudi EXIM Bank Sign $10 Million Financing Agreement - Jordan News
Housing Bank and Saudi EXIM Bank Sign $10 Million Financing Agreement Housing Bank has signed a $10 million credit line agreement with the Saudi Export-Import Bank (Saudi EXIM Bank) to finance the import of Saudi-origin goods and products by the bank's clients. This initiative aims to boost the flow of non-oil Saudi imports into Jordan and strengthen trade ties between the two countries. اضافة اعلان The agreement was signed at Saudi EXIM Bank's headquarters in Riyadh by Mohammed Naser Abu Zahra, Executive Vice President and Head of Corporate Banking at Housing Bank, and Eng. Abdullatif Al-Ghaith, Director General of the Lending Department at Saudi EXIM. This partnership reflects Housing Bank's ongoing commitment to enhancing financial inclusion by expanding its lending portfolio and financing solutions, particularly for Jordanian importers working with Saudi exporters. Saudi Arabia remains the leading exporter to the Jordanian market. The agreement is expected to meet the rising demand for Saudi goods in Jordan and foster new export opportunities for Jordanian businesses. It also supports the transportation and trade sectors, aligning with the Central Bank of Jordan's vision of offering practical financing tools that ease access to liquidity and reduce logistical challenges. It is worth noting that Housing Bank provides a comprehensive suite of services to support businesses and merchants, including financing, credit, and guarantee programs, as well as facilities, advanced digital services, and a wide array of commercial solutions.
