Local News

Extension of the exclusivity of the Duty Free Company

Amman Today

publish date 2022-01-05 10:22:50

Compass – A disclosure to the Jordanian Duty Free Shops Company said that the (exclusivity) of the Jordanian Duty Free Shops Company has been extended for four months.

And the text of the disclosure sent to the Amman Securities and Exchange Commission: “Please kindly note that the exclusive agreement of the Jordanian Duty Free Shops Company has been extended for a period of four months, starting from 12/31/2021.”

According to the disclosure, the extension comes to enable the ministerial committee formed by the Council of Ministers to complete the work related to negotiating with the company and preparing the necessary agreements for renewal for the next ten years.

The Duty Free Company incurred losses for the end of the third quarter of 2021, approximately 845 thousand dinars, compared to profits that the company had achieved in the same period of 2020, amounting to approximately 1.2 million dinars.

The Jordanian Duty Free Company provides its services in 18 locations in the Kingdom, through which it offers a variety of goods of the finest international brands.

The kingdom

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Jordan News

Source : اخبار الاردن

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