Duty-free shops exclusive agreement extended

Duty free shop
(Photo: Jordan News)
AMMAN — A report concerning the duty-free shops sent to the Amman Stock Exchange and Securities Commission stated: “Please kindly note that the exclusive agreement of the Jordanian Duty-Free Shops Company has been extended for a period of four months, starting with December 31, 2021,” according to Al-Mamlaka TV.اضافة اعلان

The extension will enable the ministerial committee formed by the Cabinet to complete the work related to negotiations with the company and prepare the agreement necessary for renewal for the next 10 years.

The Duty-Free Shops Company had incurred losses of approximately JD845,000 at the end of the third quarter of 2021, while it had made a JD1.2 million profit in the same period of 2020.

The company has 18 locations in the Kingdom, through which it sells a variety of international brands of goods.

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