Latest news with #JD200
Ammon
18-05-2025
- Business
- Ammon
Uber, Careem drivers renew their complaints against companies
Ammon News - Drivers using smart transportation apps renewed their complaints about the high percentages deducted by companies for each trip. Lorans Refai, head of the Captains and Drivers Committee, pointed out that the Land Transport Regulatory Commission had previously decided to set limits and ceilings for companies' percentages, not exceeding 22% and not falling below 15%, however, the current deduction reaches 30% for each trip. Refai told "Ammon News Agency" that drivers are demanding that work permits for transportation be floated, so that permits can be issued to the same driver with any company, rather than in the name of a single company, explaining that both Uber and Careem hold approximately 11,500 driver permits out of a total of 13,000, in addition to reducing permit fees to JD200 annually, instead of JD400. The government had tasked the Land Transport Regulatory Commission in April with activating the e-link between the systems it specifies and the smart passenger transport application systems, and updating the instructions for licensing companies and granting permits to achieve service quality and compliance standards and enhance competitiveness in this mode. However, the authority has not issued any such statement to date, he added. Also, the drivers are calling for the vehicle's service life to be extended to 10 years and for the maximum driver age limit to be increased from 60 to 65. In addition, he stated that if their demands continue to be ignored, drivers will be forced to intensify their protests—beginning with sit-ins and partial strikes, and eventually parking their cars at home and not moving them for the benefit of companies. For her part, Abla Washah, spokesperson for the Land Transport Regulatory Commission, confirmed that the commission is reviewing the drivers' demands and is not standing against them. Washah told "Ammon News Agency" that the commission respects all parties, noting that all demands are under review and that it will do what is in the best interest of all parties. The commission had previously responded to drivers' demands and increased the operational lifespan of vehicles from 5 years to 7, she added.
Jordan Times
30-04-2025
- Business
- Jordan Times
Abdali Investment and Development launches first Women's Cycling Race
Organised in partnership with the Jordan Cycling Federation, the event is scheduled to take place on May 16 in the heart of Abdali (Photo courtesy of Abdali Investment and Development) AMMAN — As part of its commitment to empowering women and championing healthier lifestyles, Abdali Investment and Development on Tuesday announced the launch of its inaugural Women's Cycling Race. Organised in partnership with the Jordan Cycling Federation, the event is scheduled to take place on May 16 in the heart of Abdali, according to a statement by Abdali Investment and Development. This community event aims to spotlight the role of sports in enriching women's lives, encourage widespread engagement in physical wellness and inspire young girls to step into new experiences that build both mental resilience and physical strength within a safe and supportive environment, the company said. To ensure broad participation and make the event accessible to all, the company is offering complimentary bicycles and helmets for those without their own gear, along with free registration. The race is expected to attract more than 60 cyclists of various age groups. The race will kick off near the outdoor parking area adjacent to The Boulevard, with preparations starting at 7:00am. Cyclists will set off at 8:00am with a fun orientation lap around the route, followed by four official laps totalling approximately 16 kilometres. To make the experience more engaging for the public, the race will be broadcast live on a large screen at The Boulevard Amphitheater, giving friends and families the chance to follow the action and cheer on the cyclists. The event will conclude with an award ceremony at 11:00am, during which participants will receive commemorative medals. The top three winners will receive cash prizes of JD200, JD150 and JD100, respectively, along with honorary trophies in recognition of their achievement. 'We are excited to be hosting this event as part of our corporate social responsibility. At The Abdali, we believe that empowering women and promoting community sports are essential pillars in building a more sustainable and inclusive society,' said Abdali Group CEO Amer Ahmad Tarawneh. 'This race represents a significant milestone in our efforts to elevate female participation across different activities, and we are committed to making it an annual tradition to continue to inspire and uplift women through sports,' Tarawneh added. The statement said that registration is now open via the following link:
Jordan Times
13-02-2025
- Business
- Jordan Times
CBJ issues Treasury bonds worth JD200m
The CBJ says that the maturity date for the current issue of Treasury bonds is February 13, 2030 (JT file) AMMAN — The Central Bank of Jordan (CBJ), on behalf of the government, on Wednesday launched the sixth issue of the current year of Treasury bonds worth JD200 million. According to the bank's data, the maturity date for the current issue is February 13, 2030, as indicated by the CBJ. The settlement date falls on Thursday. Treasury bonds are financing instruments with long maturities ranging from two to 20 years, ranging from government and Treasury bonds to bonds issued by companies, Al Rai Newspaper, eported. While Treasury bills are prepared, short term government debt instruments are issued for terms ranging between 3 and 12 months. They are characterised as low-risk financial instruments and are traded in financial markets for sale and purchase.
