{"id":627809,"date":"2018-06-12T03:37:44","date_gmt":"2018-06-12T03:37:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/"},"modified":"2018-06-12T03:37:44","modified_gmt":"2018-06-12T03:37:44","slug":"jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/","title":{"rendered":"Jordan gets USD 2.5 bn aid package from GCC allies after austerity protests"},"content":{"rendered":"<p><strong>Saudi Arabia, Kuwait, and the UAE have pledged USD 2.5 bn in aid to Jordan<\/strong> after protests against proposed tax increases and austerity measures culminated in the resignation of <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/05\/what-were-tracking-on-05-june-2018\/\">Prime Minister Hani Mulki<\/a>, according to a joint statement released by the <a href=\"https:\/\/www.spa.gov.sa\/viewstory.php?lang=ar&newsid=1775286\">Saudi Press Agency<\/a>. The aid package will include a deposit in the Central Bank of Jordan, guarantees on World Bank loans, annual support for the government\u2019s budget for five years, and funding for development projects. Stratfor MENA analyst Ryan Bol <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-06-11\/saudi-arabia-two-gulf-nations-pledge-2-5-billion-jordan-aid\">noted in an interview with Bloomberg<\/a> that Saudi Arabia and the UAE had \u201cstopped economic aid to Jordan nearly 17 months ago because of Jordan\u2019s refusal to fall in line behind Saudi Arabia\u2019s regional policies.\u201d The story is also getting prominent play in the <a href=\"https:\/\/www.wsj.com\/articles\/saudi-arabia-kuwait-and-u-a-e-pledge-2-5-billion-in-aid-to-jordan-1528685116\">Wall Street Journal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia, Kuwait, and the UAE have pledged USD 2.5 bn in aid to Jordan after protests against proposed tax increases and austerity measures culminated in the resignation of Prime Minister Hani Mulki, according to a joint statement released by the Saudi Press Agency. The aid package will include a deposit in the Central Bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627809","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"308120b9-6122-43db-80bb-10707a701aab","order":"0","is_powered_by":true,"section_story_id":"dc49f10c-badc-4139-adc5-ba630a44ae3c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627785],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Jordan gets USD 2.5 bn aid package from GCC allies after austerity protests - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jordan gets USD 2.5 bn aid package from GCC allies after austerity protests\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia, Kuwait, and the UAE have pledged USD 2.5 bn in aid to Jordan after protests against proposed tax increases and austerity measures culminated in the resignation of Prime Minister Hani Mulki, according to a joint statement released by the Saudi Press Agency. The aid package will include a deposit in the Central Bank [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-12T03:37:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Jordan gets USD 2.5 bn aid package from GCC allies after austerity protests\",\"datePublished\":\"2018-06-12T03:37:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/\"},\"wordCount\":141,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/jordan-gets-usd-2-5-bn-aid-package-from-gcc-allies-after-austerity-protests\/\",\"name\":\"Jordan gets USD 2.5 bn aid package from GCC allies after austerity protests - 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Pompeo signed \u201cnational security waivers allowing the money known as foreign\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566957,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/uber-careem-merger-official-in-egypt-saudi-uae-jordan\/","url_meta":{"origin":627809,"position":1},"title":"Uber-Careem merger official in Egypt, Saudi, UAE, Jordan","author":"enterpriseam admin","date":"8 January 2020","format":false,"excerpt":"M&A WATCH- Uber-Careem merger done in Egypt, Saudi, UAE, Jordan: Uber has formally closed its acquisition of Careem in most major markets, including Egypt. The transaction is still pending regulatory approvals to close in Qatar, Pakistan, and Morocco, Uber said in a statement. 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The USD 500 bn creation\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/10\/1001.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596625,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/emirati-bank-investments-in-egypt-stand-at-aed-43-4-bn-at-end-of-1q2019\/","url_meta":{"origin":627809,"position":3},"title":"Emirati bank investments in Egypt stand at AED 43.4 bn at end of 1Q2019","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"INVESTMENT WATCH- UAE banks invested USD 11.8 bn in Egypt in 1Q2019: Investments by Emirati banks in Egyptian assets reached AED 43.4 bn (USD 11.8 bn) at the end of 1Q2019,according to UAE Central Bank data, Emirates News Agency (WAM) reports. Investments in Egypt by UAE banks grew AED 11.7\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596676,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/emirati-bank-investments-in-egypt-stand-at-aed-43-4-bn-at-end-of-1q2019-2\/","url_meta":{"origin":627809,"position":4},"title":"Emirati bank investments in Egypt stand at AED 43.4 bn at end of 1Q2019","author":"enterpriseam admin","date":"4 July 2019","format":false,"excerpt":"INVESTMENT WATCH- UAE banks invested USD 11.8 bn in Egypt in 1Q2019: Investments by Emirati banks in Egypt reached AED 43.4 bn (USD 11.8 bn) at the end of 1Q2019,according to UAE Central Bank data, Emirates News Agency (WAM) reports. 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