Latest news with #JEPCO
Zawya
08-05-2025
- Business
- Zawya
Jordan: PM hails JEPCO's 5% profit allocation to CSR
AMMAN — Prime Minister Jafar Hassan on Wednesday commended the Jordan Electric Power Company (JEPCO) for allocating 5 per cent of its profits to support key sectors such as education, health, and public transportation. During a meeting with JEPCO Chairman Othman Badir and Director General Hassan Abdullah, the prime minister underscored the importance of institutionalising corporate social responsibility (CSR) to ensure sustained support for vital national sectors, the Jordan News Agency, Petra, reported. Abdullah emphasised that CSR should be permanent, institutionalised and implemented through a cross-government approach based on a partnership triangle involving the public sector, private sector and local communities. Abdullah also reviewed JEPCO's current efforts and future plans to enhance the quality of services, in line with the Economic Modernisation Vision. Badir reiterated the company's commitment to advancing its social responsibility initiatives in alignment with government strategies aimed at improving services provided to citizens. The social responsibility initiative was launched in March. The Association of Banks in Jordan pledged JD90 million over three years to support the health and education sectors. The Jordan Phosphate Mines Company followed with a JD40 million commitment, while the Jordan Petroleum Refinery Company and the Jordan Duty Free Shops each pledged 5 per cent of their annual profits. The Arab Potash Company also joined the initiative, contributing JD30 million. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Jordan News
08-05-2025
- Business
- Jordan News
PM lauds JEPCO's contribution of 5% of profits for health, education, transport sectors - Jordan News
PM lauds JEPCO's contribution of 5% of profits for health, education, transport sectors Prime Minister Jafar Hassan on Wednesday commended Jordan Electric Power Company (JEPCO) for allocating 5% of profits over three years for the health, education, and public transport sectors, part of the social responsibility project. اضافة اعلان During a meeting with JEPCO Board Chairman Othman Bdeir and Director General Hassan Abdullah, the Prime Minister stressed concerted action within the social responsibility framework, and sustained support for vital sectors, particularly health, education, and public transport, which will back up the state's efforts to improve services to citizens. Social responsibility, he stressed, is an "ongoing institutional approach that transcends governments, boards of directors, and the triangle of partnership between the private and public sectors and the local community." For his part, Bdeir pledged JEPCO's support for the social responsibility program, which reflects confidence in the government's national role and plans that will have a direct impact on public services. Abdullah also reviewed the company's efforts and future plans to improve service in line with the vision of economic modernization. The social responsibility project was launched in the month of Ramadan as an initiative by the Association of Jordanian Banks, which announced a donation of JD90 million over three years to support the health and education sectors. The Jordan Phosphate Mines Company followed with an allocation of JD40 million, then the Jordan Petroleum Refinery Company and the Jordan Duty Free Shops Company, each with a donation of 5 percent of profits to the project. The Arab Potash Company contributed JD30 million. The meeting was attended by Minister of State for Economic Affairs Muhannad Shehadeh and Secretary-General of the Prime Ministry Abdul Latif Najdawi. Petra
Jordan Times
07-05-2025
- Business
- Jordan Times
PM hails JEPCO's 5% profit allocation to CSR
Prime Minister Jafar Hassan on Wednesday commends the Jordan Electric Power Company (JEPCO) for allocating 5 per cent of its profits to support key sectors such as education, health and public transportation (Petra photo) AMMAN — Prime Minister Jafar Hassan on Wednesday commended the Jordan Electric Power Company (JEPCO) for allocating 5 per cent of its profits to support key sectors such as education, health, and public transportation. During a meeting with JEPCO Chairman Othman Badir and Director General Hassan Abdullah, the prime minister underscored the importance of institutionalising corporate social responsibility (CSR) to ensure sustained support for vital national sectors, the Jordan News Agency, Petra, reported. Abdullah emphasised that CSR should be permanent, institutionalised and implemented through a cross-government approach based on a partnership triangle involving the public sector, private sector and local communities. Abdullah also reviewed JEPCO's current efforts and future plans to enhance the quality of services, in line with the Economic Modernisation Vision. Badir reiterated the company's commitment to advancing its social responsibility initiatives in alignment with government strategies aimed at improving services provided to citizens. The social responsibility initiative was launched in March. The Association of Banks in Jordan pledged JD90 million over three years to support the health and education sectors. The Jordan Phosphate Mines Company followed with a JD40 million commitment, while the Jordan Petroleum Refinery Company and the Jordan Duty Free Shops each pledged 5 per cent of their annual profits. The Arab Potash Company also joined the initiative, contributing JD30 million.
