Orange Jordan Continues Its Global Leadership in Customer Service with COPC Certification Renewal for the Sixth Consecutive Year
It is worth noting that COPC Inc. is one of the leading global organizations specializing in setting quality standards for customer service operations, evaluating companies' performance against these standards, and awarding COPC certification accordingly.
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Jordan Times
5 hours ago
- Jordan Times
Central Bank of Jordan maintains interest rates unchanged
AMMAN — The Open Market Operations Committee of the Central Bank of Jordan (CBJ) on Thursday decided to maintain interest rates on monetary policy instruments unchanged. The CBJ said in a statement that the decision was a result of the bank's commitment to closely monitor the national economy's developments, particularly monetary and banking indicators. It also said that the decision aligns with a comprehensive review of the international and regional economic dynamics. Citing the latest economic indicators, the bank said that Jordan's economy has shown notable resilience and flexibility in the face of persistent geopolitical tensions in the region, with the country's GDP growing by 2.7 per cent in the first quarter of 2025, marking an increase of 0.5 percentage points compared to the same period last year. The CBJ projects the economy will maintain this growth rate throughout the year, buoyed by strengthening domestic and external demand. Economic indicators confirm the strength of monetary stability in the Kingdom, the bank said, adding that its currency reserves surpassed $22 billion at the end of June, sufficient to cover 8.4 months of the country's imports of goods and services. Inflation has remained steady, averaging 2 per cent during the first half of the year, with full-year projections hovering around 2.2 per cent, CBJ said. 'This price stability supports consumer purchasing power and bolsters the competitiveness of the national economy.' The CBJ said that the banking sector continues to post strong figures. Customer deposits at local banks rose by 7.1 per cent year-on-year, reaching JD48.2 billion by the end of June. Credit facilities extended by banks grew by 3.9 per cent to JD35.5 billion over the same period. Financial soundness indicators reflect a robust banking system, with the capital adequacy ratio standing at 18.0 per cent, 'among the highest in the region,' the bank said, adding that the legal liquidity ratio reached 144.7 per cent, well above the CBJ's required minimum of 100 per cent. The CBJ said that the external sector also reported positive performance, with tourism revenues increasing by 11.9 per cent in the first half of the year to reach $3.7 billion compared to the same period in 2024. Total exports saw a significant rise of 8.6 per cent during the first five months of 2025, totalling $5.6 billion, the CBJ said.
Al Bawaba
6 hours ago
- Al Bawaba
Marathon Des Sables confirms Jordan as the 2025 venue for the fifth year in a row
In a major announcement for Jordan's tourism sector, Minister of Tourism and Antiquities, Lina Annab, and CEO of the Global Marathon Des Sables (MDS), Cyrilie Gauthier, held a press conference in Amman to officially launch the fifth international edition of the Marathon des Sables, scheduled to take place in Wadi Rum from November 1 to 8, desert ultramarathon, organized by the Jordan Tourism Board (JTB) and Experience Jordan Adventures, is one of the world's most challenging endurance races, that brings together about 650 runners from across the European Union and beyond. The growth of this global event in Jordan has been a testament to the country's ideal setting and this year the event is expected to be the largest Annab said, 'Hosting the Marathon des Sables in Jordan for the fifth year in a row firmly cements our country's position as a premium adventure travel destination. Over the past decade, Jordan has made significant strides in shaping its adventure tourism landscape, investing in trails, infrastructure, and authentic experiences that connect visitors with our nature, culture, and heritage. From the world-renowned Jordan Trail, which spans more than 650 kilometers through diverse terrains and communities, to this iconic race set against the magnificent backdrop of Wadi Rum, Jordan continues to spotlight the richness and variety of its outdoor offerings.'Minister Annab concluded by extending her 'gratitude to the organizers of the Marathon des Sables, and to all the extraordinary runners joining us from around the world. We look forward to welcoming them this November and wish each participant the very best of luck on this extraordinary journey.'The CEO of MDS stated, "MDS Jordan has become the crown jewel of our global series. Its extraordinary landscapes, unmatched hospitality, and the emotional connection it creates with runners from around the world have set a new benchmark for what adventure racing can be. But this is only the beginning. We believe this is the right country to grow, innovate, and build a long-term vision where sport, culture, and tourism intersect in a powerful way. Jordan has all the ingredients to become a global hub for our endurance events, and we are proud to be part of that journey."Managing Director of the Jordan Tourism Board, Dr. Abdelrazzak Arabiyat, stated: "We at the Jordan Tourism Board are proud to support world-class events like the Marathon des Sables. This event not only highlights Jordan's stunning landscapes, but also reflects our ongoing efforts to position the Kingdom as a leading destination for adventure tourism. Through such events, we welcome responsible travelers who are seeking authentic connections with nature, culture, and history. Events like this help visitors discover the true spirit of Jordan and the richness that makes our country truly unique.'Commenting on the occasion, CEO of Experience Jordan Adventures, Ayman Abd-AlKareem, said, "As the official local partner, Experience Jordan Adventures is proud to continue hosting this iconic race, which brings together hundreds of international runners in a celebration of endurance, connection, and discovery." He stressed the team's commitment to sustainability and community partnership in Wadi Rum, expressing gratitude for the ongoing support of the Ministry of Tourism, Aqaba Special Economic Zone Authority (ASEZA), and the Jordan Tourism Board in strengthening Jordan's position as a leading adventure travel destination. As a host of the Marathon des Sables, Jordan marks a milestone in its emergence as a leading destination for international sporting and adventure tourism. More than just a race, it offers a transformative experience that blends endurance, culture, and exploration against the breathtaking backdrop of Wadi Rum's desert landscapes. As global interest in adventure travel continues to rise, MDS Jordan positions the country at the forefront of this growing sector, attracting high-value international visitors and supporting the national tourism strategy by showcasing Jordan's natural beauty, heritage, and hospitality on the world stage.
Al Bawaba
9 hours ago
- Al Bawaba
BUiD Launches New PhD in Engineering Management to Develop Industry Leaders
The British University in Dubai (BUiD) launched a new PhD in Engineering Management, designed to prepare the next generation of industry leaders with advanced research and strategic management skills tailored to engineering environments. This strategic addition to BUiD's postgraduate offerings responds to the increasing demand for advanced research and leadership skills in the region's growing engineering PhD in Engineering Management is designed for professionals and researchers who want to contribute to the advancement of engineering practices through high-level research, innovation, and strategic management. The programme equips candidates with the expertise needed to address complex challenges in areas such as project management, systems engineering, sustainability, quality assurance, and smart line with international academic standards, the structure of the new programme is based on the British model of PhD, where students are mainly trained in the first year on research skills before they begin work on their thesis from the second year onwards. This model ensures a strong foundation in research methodology, enabling students to undertake impactful doctoral research with confidence and Abdullah Alshamsi, Vice Chancellor of BUiD, said: 'Our new PhD in Engineering Management reflects our commitment to supporting the UAE's vision of becoming a global hub for innovation, technology, and research. We aim to empower professionals with the knowledge and leadership skills required to drive change in both the public and private sectors.'The programme combines rigorous academic research with real-world applications, offering flexible study options suitable for working professionals. With access to expert faculty, international partnerships, and a strong research environment, students will be well-positioned to make meaningful contributions to both academia and industry. BUiD's latest PhD offering aligns with the UAE's national priorities, including the advancement of knowledge-based industries and the development of highly skilled talent to support the country's long-term goals in sustainability, digital transformation, and infrastructure development.
