• Central Bank Raises Interest Rate 25pts

    AMMAN —AlGhad— The Central Bank of Jordan (CBJ) raised the base interest rate by 0.25 per cent (25 basic points) today, Thursday, as of Tuesday, June 19, 2018. The CBJ open market operations committee pinned the interest rate on credit...
  • PM Retracts Controversial Income Tax Amendments

    AMMAN —AlGhad— Prime Minister Dr Omar Razzaz decided to officially retract the controversial income tax law amendments today, Thursday, as his first official order of business as Prime Minister of the new Cabinet. Razzaz also issued...
  • Palestinian Dies of Wounds in Gaza

    GAZA — A 21-year-old Palestinian youth died early Thursday, succumbing to wounds he sustained by Israeli occupation fire few days ago east of Khan Younis in the southern part of the Gaza Strip, Palestinian medical source said. The...
  • General Assembly Adopts Resolution for Protection of Palestinians

    NEW YORK  — The UN General Assembly on Wednesday evening adopted a resolution that urges protection of Palestinian civilians in the occupied Palestinian territories, including the Gaza Strip, and called for considering the means necessary...
  • PM Razzaz Announces Gov’t Formation, Royal Decree Ratifies

    AMMAN —AlGhad— A decree was issued today, Thursday, by His Majesty King Abdullah II’s Royal Court ratifying Prime Minister Omar Razzaz’s selection of members of his new government, which he announced today, comprised of 28...
  • Jordanian Factories Abandon Natural Gas Power

    AMMAN —AlGhad— Seven factories have abandoned the use of natural gas to power up their facilities in Jordan, driving the number of industrial facilities relying on natural gas from ten to three, an informed source with the Ministry of...
  • Committee to Decide on Location of Jordan-Iraqi Industrial Zone

    AMMAN —AlGhad— A specialised technical committee, formed by the government, has begun looking into the locations, suggested by the Iraqi authorities, for the establishment of the joint Jordan-Iraqi industrial zone, an informed source...