JPRC commits 5% of annual profits to support health, education
The Board of Directors of the Jordan Petroleum Refinery Company (JPRC) allocates a corporate social responsibility initiative to support the health and education sectors over the next three years (Petra photo)
AMMAN — The Board of Directors of the Jordan Petroleum Refinery Company (JPRC) has allocated a corporate social responsibility initiative to support the health and education sectors over the next three years, allocating 5 per cent of the company's annual profits to the effort.
JPRC Chairperson Abdul Rahim Baqai emphasised that the decision reflects the company's national commitment, highlighting investment in health and education as a strategic priority for fostering long-term stability and societal advancement, the Jordan News Agency, Petra, reported.
Baqai noted that the initiative aligns with JPRC's broader efforts to promote sustainable development and strengthen community partnerships. He reaffirmed the company's dedication to launching impactful projects that enhance health and education services across the Kingdom.
The announcement comes amid a series of corporate social responsibility commitments from major Jordanian companies. The Association of Banks in Jordan recently pledged JD90 million to support health and education initiatives, while the Jordan Phosphate Mines Company allocated JD40 million earlier this week.
Speaking recently at the launch of the Jordan Phosphate Mines Company's initiative, Prime Minister Jafar Hassan stressed that corporate social responsibility should extend beyond donations and charity to include sustainable development policies that address national priorities and long-term challenges.
He commended the private sector's role in driving development efforts and encouraged further institutional participation in national initiatives.
Page 2
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Jordan News
4 hours ago
- Jordan News
Jordan Ahli Bank Launches ‘Anty' Program for Financial Empowerment of Women - Jordan News
Jordan Ahli Bank Launches 'Anty' Program for Financial Empowerment of Women Amman, June 2025: With taking step towards advancing financial inclusion and women's economic empowerment, Jordan Ahli Bank has launched 'Anty', an innovative banking program designed specifically for women. اضافة اعلان This initiative is intended to meet women's unique financial needs and aspirations by delivering innovative products and personalized banking services. The program features two dedicated tracks: 'Anty for Individuals' and 'Anty for SMEs' - providing a broad set of solutions to serve diverse female segments across the nation. The 'Anty for Individuals' program is designed to provide women with premium banking solutions and advantages that tailor to their lifestyles. This enables them to reach financial stability and security for the future. This track also offers preferential interest rates on car loans, along with an exclusive monthly draw—running from June through the end of 2025—where female customers who obtain a car loan of JOD 15,000 or more have the chance to win a gold ounce. Meanwhile, the 'Anty for SMEs' aims to provide banking services and facilities to businesswomen and women-managed businesses to finance their commercial activities and empower them to expand and prosper. This is achieved through financing their working capital, and operational expenses, as well as offering specialized financing solutions for funding projects or fixed assets related to their business activities. Dr. Ahmad Al-Hussein, CEO and General Manager of Jordan Ahli Bank, has commented on this initiative, stating, 'At Jordan Ahli Bank, we recognize that empowering women financially is one of the most impactful investments we can make for a better future for our communities. The 'Anty' program represents this belief by providing practical, purpose-oriented banking solutions that address the genuine needs of Jordanian women. Whether they are pursuing personal financial independence or aiming to expand their businesses, this initiative highlights our commitment to innovation that drives inclusive and impactful economic growth for everyone."
Jordan News
a day ago
- Jordan News
21-Carat Gold Priced at JD 68.3 in the Local Market - Jordan News
21-Carat Gold Priced at JD 68.3 in the Local Market The selling price of one gram of 21-carat gold, the most in-demand among citizens, reached JD 68.30 in the local market today, Saturday, while the buying price stood at JD 66.30 at jewelry shops. اضافة اعلان The selling prices of gold per gram for other carats were as follows: 24-carat: JD 78.40 18-carat: JD 60.70 14-carat: JD 46.10 The price of a 7-gram Rashadi gold coin was JD 477, and the 8-gram English gold coin was priced at JD 545. Head of the General Syndicate of Owners of Jewelry and Goldsmiths Shops, Mr. Rabhi Allan, told the Jordan News Agency (Petra) that demand for gold in the local market is fluctuating between weak and moderate. However, he expects improvement in demand for gold jewelry during upcoming occasions and celebrations. He added that the yellow metal closed its weekly trading on the global market on Friday at USD 3,368 per ounce. — (Petra)
Jordan News
a day ago
- Jordan News
Mobile Licensing Unit in Barqash Municipality, Irbid, Tomorrow - Jordan News
Mobile Licensing Unit in Barqash Municipality, Irbid, Tomorrow The Drivers and Vehicles Licensing Department, in cooperation with Barqash Municipality in Irbid, will provide mobile licensing services under the innovative initiative 'We Come to You' (Binsollak), starting tomorrow, Sunday, and continuing through next Wednesday. اضافة اعلان Mayor Khaled Al-Faqih told the Jordan News Agency (Petra) on Saturday that the mobile licensing unit will be stationed at the Prince Hussein Hall, affiliated with the municipality, from 8:00 a.m. to 2:00 p.m., offering full licensing services to drivers and their vehicles in the area. He explained that this service is part of a joint effort between the municipality and the Public Security Directorate, represented by the Drivers and Vehicles Licensing Department, to ease procedures for citizens and reduce their burden. He noted that services will include issuing and renewing driver's licenses and vehicle registrations, payment of fees, and immediate issuance of documents. He praised the department's efforts in providing this service, which saves citizens both time and effort. — (Petra)
