Business Archive
  • »“Awadallah” Vice Board President of the Arab Bank

    Tue 3 May / May 2016. 11:00 PM
    AMMAN —Al Ghad— The Arab Bank board of directors elected Dr Basem Awadallah as the Vice President for the board last week, after having integrated his membership in the Audit and Strategy committees.
    Notably, Awadallah was elected by...
  • »“Free” and “Development” Zones Merger Finalised within Month

    Tue 3 May / May 2016. 11:00 PM
    AMMAN —Al Ghad— The General Companies Monitor, Omar Zoubi, said the merger of the “Jordan Development Zones (JDZ)” and “Jordan Free Zones (JFZ)” companies is expected to finalise within the month at the most, and...
  • »“Engineers Association” Envoy to Tafileh Wind Farm Project

    Tue 3 May / May 2016. 11:00 PM
    AMMAN —Al Ghad— An Engineers Association envoy of 35 delegates with the Scientific Electrical Committee visited the Tafileh Wind Farm renewable energy project cite last Saturday.
    The project is the first of its size, and will be...
  • »“Interior” Requests “Housing Investors” to Elect New Board

    Tue 3 May / May 2016. 11:00 PM
    AMMAN —Al Ghad— The Ministry of Interior made a request to the Jordan Housing Investors Society (HIS) to elect new Board of Directors within three months of the date of the previous Board’s resignation.
    The communique by the...
  • »Domestic Liquidity at JOD31.77 Billion — Central Bank

    Mon 2 May / May 2016. 11:00 PM
    AMMAN —Al Ghad— Domestic Liquidity Ratio increased 0.5 per cent from its levels by the end of 2015, by JOD166.8 million, according to data published by the Central Bank of Jordan (CBJ), from JOD31.6 billion to JOD31.77 billion by end of...
  • »Bureaucracy, Taxation, and High Costs Weigh on Tourism in Jordan

    Mon 2 May / May 2016. 11:00 PM
    AMMAN —Al Ghad— Head of the Jordan Tourism Board, Abdul Razzaq Arabiyyat stated to “Al Ghad” that the Kingdom is expected to witness an increase in inbound tourism from Gulf countries, for both leisure and medical purposes....
  • »Seventh Self-Employed Women’s Products Exhibition

    Mon 2 May / May 2016. 11:00 PM
    AMMAN — The first day of the Self-Employed Women’s 7th Products exhibition launched today, Tuesday, at the Ras el-Ein Gallery, for 3 days, promoting and marketing the products of women trained in the self-employment project conducted by...
  • »USD218.3m — Arab Bank Profits for 1st Quarter of 2016

    Mon 2 May / May 2016. 09:00 PM
    AMMAN —Al Ghad— The Arab Bank group maintained their positive profit streak over the first quarter of the year 2016, making net profits after taxation and interests amounting to USD218.3 million by March 31st, with an operational profit...
  • »“Amman Exchange” Takes the Month on the Rise

    Mon 2 May / May 2016. 08:57 PM
    AMMAN —Al Ghad— The Amman Stock Exchange took on the beginning of the current month on a rise, as data show transactions today, Monday, have gained 0.11 per cent increase at about JOD33.4 million, with 10.4 million shares traded.
    Data...
  • »“KACO New Energy” Launches Subsidiary in Jordan

    Mon 2 May / May 2016. 08:56 PM
    AMMAN —Al Ghad— The Germany-based renewable energy company “Kaco New Energy” launched their first operational subsidiary in Jordan, official opened on April 23rd in Amman.
    Ralf Hofmann, CEO of KACO new energy, and Eng. Eyad...
  • »Jordan’s Grumpy Tourism

    Sun 1 May / May 2016. 01:35 PM
    Firas Ahmad Salameh
    Over coffee with a frequent visitor at the Intercontinental Amman Hotel in Jabal Amman, we exchanged admiration about Jordan’s weather and briefly touched on Jordan’s tourism sector, which sparked a complaint about...
  • »Government Raises Fuel Prices 1.43 to 2.81%

    Sat 30 April / Apr 2016. 11:00 PM
    AMMAN —Al Ghad— The government raised the prices of gasoline, kerosene and diesel by 1.43 to 2.81 per cent Saturday, May 1st, maintaining the price of gas cylinders at JD7. The increase included other specialised industrial oil and fuel...
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