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FINANCIAL NEWS
Jordan to receive USD 100mn loan for job chances
29 Mar 2016
(MENAFN) Jordan will receive a USD 100mn interest-free loan in order to offer job chances for 100,000 Jordanians and Syrians, to help the country address the refugee crisis.
Moreover, the loan will be extended to the Kingdom despite it’s not eligible to obtain such loans as an upper-middle income country.
“For the first time in history, we take money designated solely for the poorest countries, and give it to an upper-middle income country,” said WB Chief.
In addition, Jordan will use the loan to create 100,000 jobs, even after the Syrian refugees return to Syria, which will be a job generator for Jordanians.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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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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