Business Archive
  • »Monthly Excisions Not Substitute for Annual Income Statement: Gov’t

    Wed 21 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The Income and Sales Tax Department stated today, Wednesday, that the monthly excisions on salaries do not excuse the submission of annual income statements, should the annual income of individuals and households exceed...
  • »Zuckerberg Asked to Appear before British MPs on Cambridge Analytica Case

    Tue 20 March / Mar 2018. 01:00 AM
    CAPITALS — Facebook boss Mark Zuckerberg has been called on by a parliamentary committee to give evidence about the use of personal data by Cambridge Analytica.
    The UK-based political consulting firm is accused of using the data of 50 million...
  • »Jordan, Germany Sign Training Programme for Jordanians, Syrian Refugees

    Tue 20 March / Mar 2018. 01:00 AM
    AMMAN — Acting Director General of the Vocational Training Corporation (VTC), Omar Qutaishat, and a delegation of the German Federal Enterprise for International Cooperation Tuesday signed an agreement to train Jordanians and Syrian refugees....
  • »Gov’t, Jewellers Agree to Incorporate 16% Gold Tax in Stamp Fees

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The jewellers association and the Standards and Metrology Department, agreed to include the newly imposed 16 per cent sales tax on gold in the overall stamp fees, in addition to a JOD250 inspection fee per kilogramme for...
  • »Debt per Capita at JOD4.15k

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Debt per capita has increased by the end of January 2018 to JOD4,158, according to the Ministry of Finance, as the Kingdom’s overall public debt reached JOD27.443 billion, approximately 95.6 per cent of the Gross...
  • »Cash Subsidy Raises Budget Deficit to JOD43m

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN — The Ministry of Finance said on Monday that the budget posted a JOD42.7 million deficit after grants compared to savings of about JOD114.3 million for the same period of 2017.
    The ministry attributed the deficit to the disbursement of...
  • »Foreign Reserves Hit USD13.9b at End of February: CBJ

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN — The Central Bank of Jordan (CBJ) said Jordan's economy indicators are "positive" despite continued political turmoil, especially in Syria and Iraq, which had a negative impact on performance of key economic sectors.
    In its latest...
  • »National Debt at JOD27.4b in January

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN — The Kingdom's public debt by the end of January, 2018 was estimated at JOD27.443 billion, constituting 95.6 per cent of the gross domestic product (GDP) compared to JOD27.296 billion in the same period of 2017, the Finance Ministry...
  • »Farmers Suspend Protest as AP Promises to Retract Agriculture Tax

    Sun 18 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The month-long farmers protest was suspended today, Sunday, after the head of the farming and irrigation committee, AP Marwan Hmoud, promised to retract the newly imposed 10 per cent tax on agriculture, according to...
  • »EU Looks into Jordanian Request for Flexible ‘Rules of Origin’ Regulations for Exports to Eurozone

    Thu 15 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The European Union’s delegation to Amman has uncovered to AlGhad that the authorities in the Eurozone are currently looking into a Jordanian request for flexibility in regards to the ‘Rules of Origin’...
  • »New Oil Derivatives Law Comes into Effect

    Thu 15 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The new oil derivatives law has official come into effect as of yesterday, Wednesday, following its formal newspaper announcement, giving the Ministry of Energy and Mineral Resources the authority to plan and manage the...
  • »Hikma Pharmaceutical Co Revenues Reach USD1.9b in 2017

    Wed 14 March / Mar 2018. 01:00 AM
    AMMAN — Hikma Pharmaceuticals PLC, a multinational generic pharmaceutical company, Tuesday said in a statement its revenues reached USD 1,936 million in 2017, down by 1%, and up by 1% in constant currency. Despite challenging market conditions...
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