Al Rakaez Investment announced that it paid part of the loan it had taken from Jordan Commercial Bank of JOD 50 thousand on September 10, 2014.

The company said that this step came to ease interests of the loan on its burden, hence non-amortized loans will become JOD 1.4 million of total JOD 3 million.

It should be noted that the company’s profits jumped by 7200.4% to JOD 67.45 thousand in the first half this year compared with JOD 924 in the same period last year.