Jordan

Mediterranean, European security conference opens in Jordan

Mediterranean, European security conference opens in Jordan Amman - A regional conference on security cooperation between Mediterranean and European countries opened in Amman Monday with the participation of 56 states.

The two-day meeting entitled "Regional Security: the Mediterranean as a Model" is sponsored by the Organization for Security and Cooperation in Europe (OSCE) and the Jordanian foreign ministry.

The meeting is designed to boost cooperation between OSCE and states in the region particularly in the sphere of combatting terrorism.

Jordan, Germany discuss boosting security cooperation

Amman, JordanAmman- A high-ranking German police delegation and Jordan's I

Jordan calls off Euro-Med water conference over differences

Amman - The Euro-Med Ministerial Conference on Water has been called off indefinitely due to differences over the participation of the Arab League, Jordanian Foreign Minister Salah Bashir said Sunday.

The conference had been slated for Tuesday in Jordan's Red Sea resort. Bashir was quoted by the official Petra news agency as saying the gathering was postponed "to allow room for reaching agreement on some issues, foremost the participation of the Arab League and its membership in the Union for the Mediterranean."

"Jordan rejects taking prior or individual attitudes that could influence the discussions due to take place in the coming meetings," he added.

Panic, recession fears play havoc with Arab bourses

Arab bourses cautious pending first-quarter resultsAmman - Arab stock markets tumbled this week as panicked investors dumped shares to avert worse repercussions of the global recession despite steps taken by financial authorities to replenish liquidity shortages, financial analysts said Friday.

"Investors in the region are still suffering from psychological pressures and indirect impact of the global financial turmoil," Nizar Taher, chief of brokerage at the Jordan Ahli Bank, told Deutsche Presse-Agentur dpa.

Jordan government guarantees all bank deposits

Jordan government guarantees all bank deposits Amman - Jordanian Prime Minister Nader Dahabi announced Thursday that the government would guarantee all bank deposits in the country until the end of 2009.

"All bank deposits, without any ceiling, will be guaranteed by the government until the end of 2009," Dahabi told board chairmen and general managers of local commercial banks whom he met at the Central Bank of Jordan (CBJ).

Dahabi and CBJ governor Umayyah Touqan assured the bank executives that the country's banking system was not experiencing any liquidity shortage or any credit crisis.

Jordan, South Korea initial nuclear cooperation accord

Amman, JordanAmman- Jordan and South Korea on Thursday initialed an agreement on nuclear cooperation for peaceful purposes.

The accord was signed by the Chairman of the Jordan Atomic Energy Commission (JAEC) Khalid Touqan and the South Korean ambassador in Amman Bongkil Shin.

Touqan said that the deal would be officially signed in Seoul in December.

The agreement provides for cooperation between the two countries in several areas such as technical assistance, site selection, design, construction and nuclear safety, he added.

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