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FINANCIAL NEWS
Jordan allocates USD35.15mn for entrepreneurial projects
04 Jul 2016
(MENAFN) Jordan discussed eight measures in order to address unemployment as a top priority challenge.
Furthermore, the procedures involve allocating USD 35.15mn for the Development and Employment Fund to extend loans to youth for entrepreneurial projects.
Additionally, it also allocated USD 28.12mn to be disbursed as loans and advances to social security pensioners and their widows at low interest.
Funds are supported to help improving employment and to coordinate the effort jointly, while firms bidding for government tenders will be granted more points.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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