Business Archive
  • »‘Startups Fund’ to Support Entrepreneurial-SMEs Sector; USD98m

    Tue 22 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— Part of the underway shift to support and empower entrepreneurial business and SMEs, the government and the World Bank (WB) have jointly allocated USD98 million to fund the Innovative Startups Fund (ISF), launched...
  • »Amman Stocks Lose JOD340m so Far in 2017

    Tue 22 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Amman Stock Exchange (ASE) index lost around JOD340 million in total market value since the beginning of the year, 2017, operating at its lowest levels in over 7 months, as the index dropped another 0.03 per cent...
  • »Freight Trucks Prepare for Treibil Reopening

    Mon 21 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— At least 2,500 freight trucks are on standby for the reopening of the Karamah-Treibil border crossing with Iraq, according to the Chairman of the freight truckers association, Mohammad Khair Dawood.
    In a statement to...
  • »Jordan-Iraq Crossing to Reopen in September

    Mon 21 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— Practical steps towards reopening the Karamah-Treibil border crossing between Jordan and Iraq have begun, according to the association of customs, trade, clearance, and shipping companies.
    It is likely the crossing will...
  • »Foreign Reserves Reach JOD13.1b End of June

    Mon 21 August / Aug 2017. 12:00 AM
    AMMAN — The Central Bank of Jordan's (CBJ) foreign reserves stood at JOD13.105 billion at the end of June this year sufficient to cover the Kingdom's imports of commodities and services for seven months, according to a CBJ report.
    The report...
  • »Funding at 15.4% of Requirements for ‘Syria Crisis Response Plan’

    Sun 20 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Jordan Response Platform for the Syria Crisis (JRPSC) estimated funding levels at 15.4 per cent of the required USD2.65 billion for 2017, to finance Jordan’s needs in facing the challenges of the Syrian refugee...
  • »Jordan 84th in Mobile Data Speed Worldwide, 90th in Fixed Line Internet

    Sat 19 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— A recently published report on internet speed around the world shows Jordan has fallen 11 ranks in the Mobile Data category, from the 73rd place to 84, and 6 ranks down in the Fixed Line internet category, from the 84th...
  • »Amman Mayor Probably Appointed Next Week

    Wed 16 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— An informed source confirmed to AlGhad that the Mayor of Amman will be probably appointed next week.
    The last of the current Mayor’s duties have concluded with the success of the Municipality elections yesterday,...
  • »Transportation, Rent, Education Costs Drive Inflation Up 1.8%

    Wed 16 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Department of Statistics issued the monthly inflation report for July, 2017, indicating the median consumer price index (inflation rate) has increased on the average by 1.8 per cent, compared to July, 2016.
    The price...
  • »Australia Grants USD11.8m to Support Syrian Refugees in Jordan

    Tue 15 August / Aug 2017. 12:00 AM
    AMMAN — Jordan, on Tuesday, welcomed the Government of Australia’s donation of USD11.8 million, over three years (2017-2019) to reinforce a range of the services provided to Syrians in Jordan.
    A statement issued by the United Nations...
  • »Initial Gov’t Approval for 19 SmartApp Based Carpooling Companies

    Tue 15 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Minister of Transportation, Jamil Mujahid, confirmed to AlGhad, earlier this week, that the government has initially approved 19 applications for Smartphone-based carpooling services and companies, out of 25 domestic...
  • »Russian Company ‘Rosatom’ to Back out of Jordan Nuclear Reactor Deal

    Tue 15 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— An informed government source confirmed to AlGhad that the Russian energy company, Rosatom, is considering backing out of the nuclear reactor project in Jordan which was signed in 2015 between the company and the Jordan...
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