Following the successes of Orange Social Venture Prize over the past 7 years in highlighting and honoring community-driven projects with sustainable impacts on health, trade, industry and education sectors, Orange Jordan announced that the registration is open for the 8^th edition of the prize in its local version for the year 2024.

Based on the award’s criteria, entrepreneurial projects that harness technology with the aim of addressing the society-related challenges are invited to register and participate to get the chance of winning prizes that are worth JD 5,000 in the local version, and Euros 25,000 in the global one, noting that the deadline for submissions is May 26^th, 2024.

Commenting on the launch of the 8^th edition of the award, Orange Jordan emphasized its importance given its crucial role in celebrating projects that employ new technologies for the best interests of the individuals and communities alike. The award encourages youth’s effective contribution to the growth journey of their local communities and consequently of their country.

Those who are interested to participate can apply through the following link: https://lnkd.in/gDfGnTFx to showcase the positive impact of their entrepreneurial projects on various levels.

It is worth mentioning that the participants’ projects are evaluated by a jury consisting of experts in entrepreneurship and technology sectors, and winning projects of the local edition are eligible to participate in the international one allowing them to gain a global exposure.

The International Islamic Bank (IMTB) announces the successful completion of goAML Project, which went live recently at the bank. The system complies with the UNDOC requirements to combat money laundering and terrorist financing.

THE CHALLENGE:

Generating goAML reports in the IMTB requires automation and preparation of data that is either uncollected or resides in multiple business areas, as well as how to collect and manage the necessary data, which led IMTB to select the goAML compliance system from Pio-Tech.

THE SOLUTION: 

Pio-Tech goAML compliance system helped IMTB adapt to the changing regulations efficiently, balancing the main challenges facing compliance units, minimizing the pressure to meet regulators’ timelines to deploy goAML, and providing the requested reports in the format preset by the regulator under the guidelines of the UNDOC.

KEY BENEFITS:

As CEO of the International Islamic Bank (IMTB), Mrs.Suha Zaki Alkifaee, I’ve witnessed firsthand the transformative impact of the Pio-Tech goAML System on our operations. This implementation has been a game-changer, elevating our functionality in mapping report entries to data sources and ensuring our reports are generated with unparalleled accuracy and efficiency. The system seamlessly aligns with our vision, enhancing our capability to implement swiftly while minimizing the time and effort required.

The Pio-Tech goAML System stands out for its:

• Comprehensive array of adjusting, monitoring, and validation utilities, guaranteeing that our reports are not only generated correctly but also reflect our commitment to precision and excellence.
• Innovative automated report-generating engine, enabling our team to effortlessly produce reports in multiple formats, thereby improving our responsiveness and flexibility in service delivery.
• Detailed and comprehensive data model, meticulously crafted to ensure the collection of proper and relevant information, reinforcing our compliance and reporting integrity.
• These components have been instrumental in streamlining our reporting processes, allowing us to dedicate more resources towards achieving our strategic goals. The goAML System from Pio-Tech isn’t merely a tool; it’s a cornerstone of our pursuit of operational excellence and a reflection of our unwavering dedication to maintaining the highest standards of efficiency and regulatory compliance.

The International Islamic Bank (IMTB) is one of the leading banks in Iraq. It is officially registered by the Central Bank of Iraq to deliver banking services. Its headquarters are in Baghdad, and its branches are expanded nationwide.

Petra Mobile Payment Service Company (Orange Money) and the Jordan Post Company joined their efforts to boost digital financial services in Jordan. Both parties have signed an agreement to provide mobile payment-related services to Orange Money’s customers directly.

The agreement was signed by the Chairman of the Board of Directors, Eng. Sami Smeirat on behalf of Petra Mobile Payment Service Company, and the Jordan Post Company’s Acting Director General, Hanadi Al-Tayeb, in the presence of the Chairman of the Board of Directors of the Jordan Post Company, Sami Kamel Al-Daoud, the General Manager of Orange Money, Eng. Hiba Al-Shareef, and the Executive Director Wilfried Yver.

The agreement will allow both parties to elevate the digital financial experience of the customers. It will serve as a gateway for the Jordan Post Company’s customers to a complete world of financial transactions, such as withdrawal and deposit services, that is one click away and starts with opening accounts on the Orange Money Wallet. The customers will be able as well to link their visa companion cards to the wallet to easily perform transactions, and will be able to transfer money locally through the CliQ system and internationally through the App. Through their opened accounts on the wallet, the customers can also pay their bills, recharge their prepaid lines, and has full access to eFAWATEERcom.

This agreement falls under the efforts of both parties to enhance the fast-growing financial technology scene in Jordan. Such growth is represented in the number of e-wallet users in Jordan which reached 2.17 million, in addition to 1.2 million bank accounts linked to the instant payment system for the year 2023. The value of transactions executed through the instant payment system amounted to JD 8.2 billion, whether through e-wallets or through CliQ accounts. Moreover, the number of opened accounts on the Orange Money wallet reached one million users, and it dominated the local market when it comes to the number of financial transactions executed through the wallet.

Following the signing of the agreement, Eng. Sami Smeirat pointed out that the ever-evolving financial sector that is coupled by the great leap forward that the sector adopted put an increasing responsibility on the shoulders of the national institutions to build on these achievements. All this is being done while keeping pace with the latest developments in the global scene, stressing the importance of partnerships with esteemed organizations such as the Jordan Post to ensure that this vision is put into practice.

From her side, Hanadi Al-Tayeb asserted that this step is consistent with the Jordan Post’s endeavors to modernize its services provided to customers, especially the financial ones in light of the Company’s recent announcement about offering services related to the Postal Saving Fund including opening accounts, and making withdrawals and deposits easily and quickly.

Al-Tayeb further added that collaborating with Orange Jordan through Orange Money supports the initiatives of the Jordan Post, which fall under the financial inclusion national vision.

As every year during the holy month of Ramadan, Estarta reinstates its renowned annual program, Hemmeh, now in its 8th cycle! It was formerly known as TACreem, derived from the union of “TAC” (Technical Assistance Centre) and the Arabic word “tacreem” meaning recognition. Thus, Hemmeh continues its tradition of promoting motivation and camaraderie among employees.

One of the Many Estarta Benefits

Wondering why you should work at Estarta and join its growing team? Being an Estartan comes with many awesome perks and benefits! Hemmeh is one of the favorite benefits among Estarta employees. Head over to our Easy Apply page for openings and enjoy the many benefits at Estarta, such as Hemmeh.

Hemmeh 8 – Ramadan 2024

Since its first round in 2017, Hemmeh has been an instrumental initiative aimed at encouraging employees to deliver their best performances during Ramadan. The program revolves around the distribution of gifts to winners selected through a draw. This initiative aims to create a spirit of competition and celebration within the workplace to boost morale in Ramadan.

Estarta Hemmeh Week One

Hemmeh Week One got off to an incredible start with an all-company trivia contest—a first for Estarta. It was incredible to have participants from people outside the Jordan Branch. Previously, only Amman would host Hemmeh. So, this is the first year Hemmeh goes global, marking Hemmeh-8 with a milestone to remember.

Employees were not only entertained by the event, but it also demonstrated their enthusiasm and expertise. Congratulations resounded across the company as the victors received the proper recognition for their accomplishments.

Week Two – Estarta Got Talent

Hemmeh Week Two began with a focus on talent acknowledgment through the “Best Talents Videos Challenge.” The judging panel was amazed by the enthusiastic display of varied talents by Estarta staff. The week highlighted the talents and inventiveness of the Estarta family, reaffirming the company’s dedication to uniqueness and brilliance.

Week Three – Estarta Best Working Day Videos

Hemmeh’s third week was devoted to showcasing the commitment and diligence of staff members via “Best Working Day Videos.” By sharing snippets of their everyday schedules and workspaces, Estartans helped to build a sense of appreciation and camaraderie among coworkers.

Week Four – Peer Voting and Recognition

The focus switched to peer appreciation in Week Four, demonstrating the spirit of cooperation and support that permeates Estarta. Workers honored the accomplishments and efforts of their colleagues by casting ballots for them. As the week came to an end, everyone who had won a team received sincere congratulations!

Estarta Grand Ceremony – KPIs

As Week Five of Hemmeh draws near, anticipation is palpable. The crowd is supporting their colleagues and excitedly anticipating the announcement of “The Grand Prize” challenge, creating an electrifying environment. This last event, which is set for Thursday, April 18, promises to be a showcase for the skill and commitment of Estarta staff members.

With the big finale of Hemmeh-8 2024 approaching, the Estarta community is still unified in its quest for perfection. The program continues to honor and reward the contributions of TAC staff, Cloud Collab team members, and other support unit members throughout the company. This is thanks to internal criteria that managers have carefully defined.

Final Thoughts

Hemmeh-8 promises to be an unforgettable experience, exhibiting the skill, commitment, and unity that characterize Estarta. Hence, this is all in the spirit of Ramadan and brotherhood. The Hemmeh-8 team thanks everyone who has participated in the program and wishes them continued success as it concludes. If you liked this article, you can read more about our Ramadan activities in Estarta if you wish to learn more. Moreover, this includes Estarta’s CSR initiatives. Lastly, head over to our Estarta news page to stay informed on our latest updates. Learn more.