Saudi Arabia ‘has deposited $334m in Jordan’s central bank’

A general view of the Central Bank of Jordan in downtown Amman October 12, 2011. (Reuters)
Updated 03 March 2019
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Saudi Arabia ‘has deposited $334m in Jordan’s central bank’

  • Saudi Arabia alongside Kuwait and the UAE put together a $2.5 billion package in June to help shore up Jordan's struggling economy

DUBAI: Saudi Arabia has deposited $334 million in Jordan's central bank and is working with Kuwait and the UAE for more financial support, Finance Minister Mohammed Al-Jadaan was quoted by broadcaster Al Arabiya as saying.

Saudi Arabia alongside Kuwait and the UAE put together a $2.5 billion package in June to help shore up Jordan's struggling economy.

Jordan's government fell last year after spending cuts and tax rises imposed under an IMF program caused rare public protests. The country, which sits between Israel, Syria, Iraq and Saudi Arabia, is traditionally a regional diplomatic hub.


Egypt’s aviation ministry to increase departure fee for travelers in November: Reports 

Updated 19 March 2019
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Egypt’s aviation ministry to increase departure fee for travelers in November: Reports 

  • Media said the increase to the passenger departure fee will raise the amount to $25

CAIRO: Egypt’s Ministry of Civil Aviation has reportedly announced a $5 increase in the travelers’ departure fee starting from next November, local newspapers reported on Tuesday.

Media said the increase to the passenger departure fee will raise the amount to $25, to be obtained indirectly for each passenger flying on regular or charter flights — both internationally and domestically — from Egyptian airports. 

The rate has not changed since 2013, the ministry said in a statement quoted by Al-Ahram Newspaper

The proposed increase was adopted by the Supreme Council for Pricing after "careful consideration" and according to normal practice in airports worldwide, it added.  

The ministry said the increase is in line with the challenges and demands needed for the development of the entire service system at Egyptian airports.