Leadership Transition at Microsoft Middle East & Africa
Microsoft is in the process of appointing a new General Manager for Egypt and will continue to work closely with stakeholders to sustain the momentum of its digital transformation agenda and empower individuals and organizations to achieve more.
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‘Local vehicle prices witness significant' decrease after reducing taxes'
AMMAN — Vehicle prices in the local market have seen a "notable" decline following the government's recent decision to reduce the total taxes imposed on vehicles in an effort to ease financial burdens on citizens. According to the Jordan Automotive Dealers Association (JADA), the price drop on new vehicles, across various types and models, ranges between JD1,600 and JD10,000, depending on engine capacity, the Jordan News Agency, Petra, reported. In June, the Cabinet approved an amended regulation to the 2025 Special Tax Law, which included reductions in the general and special taxes on vehicles. The move is part of a broader set of government measures aimed at stimulating the economy and alleviating financial pressures on the public. Petra on Wednesday monitored several promotional advertisements from car dealerships and agencies offering discounts of up to JD5,000, particularly on newer models. JADA Secretary Zaid Abdallat said that automobile showrooms have experienced increased activity thanks to the government's reform package, which has "positively" impacted car prices across all categories and driven consumer interest in purchasing new vehicles. Abdallat added that the tax cuts have 'restored balance' among different vehicle categories, giving consumers more freedom to choose from a wider range of options at "unprecedented" prices. He noted that new vehicles with manufacturer warranties have now become a "viable" alternative to used or imported cars, which often lack warranty coverage and after-sales support granted from authorised dealers.
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JBA, Rwanda ambassador discuss forming joint business council
AMMAN — President of the Jordanian Businessmen Association (JBA) Hamdi Tabbaa on Wednesday met Rwandan Ambassador to the Kingdom James Ngango to discuss establishing a Jordan-Rwanda business council. The council aims to boost economic relations, facilitate 'deeper' business cooperation between the two countries, explore ways to expand cooperation between the private sectors of both countries and develop trade and investment exchanges, especially in priority sectors of mutual interest, according to Jordan News Agency, Petra. Tabbaa stressed the importance of building 'strategic' partnerships between businessmen in Jordan and Rwanda, calling for the need to organise "reciprocal" economic delegations to highlight promising investment opportunities in the Kingdom, particularly in the sectors of agriculture, tourism and pharmaceuticals. He also highlighted the significance of enhancing communication channels between the business communities of both countries to facilitate the exchange of expertise and enhancing cooperation. Ngango welcomed the proposal to establish a Jordan-Rwanda business council, expressing Rwanda's interest in boosting economic cooperation with Jordan. He highlighted his country's commitment to encouraging investors from both sides to explore the available investment opportunities, reinforcing the intent to expand bilateral economic ties and collaboration between the private sectors of both countries. The diplomat said that Jordan offers an attractive investment environment and encouraging incentives, while Rwanda provides a stimulating investment climate and various facilities for foreign investors. He stressed the importance of increasing the volume of trade between the two countries and providing appropriate frameworks to support cooperation. The trade volume between Jordan and Rwanda reached some $3.4 million in 2023, compared with $2.4 million in 2022, according to Petra.
