Business Archive
  • »Gold Drops against US Dollar Hike, Oil Rises Slightly

    Sat 10 June / Jun 2017. 12:00 AM
    CAPITALS —AlGhad— Oil prices rose on Friday after a pipeline leak in Nigeria caused a suspension in sourcing, but crude still ended the week down nearly 4 per cent on persistent worries about global oversupply.
    Lower US crude...
  • »Economic Plan Includes JOD4.3b for Energy Sector Development

    Sat 10 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Jordanian Economic Growth Stimulation Plan 2018-2022, prepped by the economic policies council recently, is to include developments in the energy sector worth in total JOD4.3 billion.
    In the overall, the plan entails...
  • »MoUs on Renewable Energy to Be Signed

    Sat 10 June / Jun 2017. 12:00 AM
    AMMAN — Minister of Energy and Mineral resources Ibrahim Saif said Saturday that the ministry had embarked on procedures to sign memorandums of understanding with companies that qualified to submit bids in six renewable energy projects, at a...
  • »PM Chairs Government Economic Team Meeting

    Thu 8 June / Jun 2017. 12:00 AM
    AMMAN — Prime Minister Hani Mulqi chaired a meeting for the government's economic team in the presence of the president and secretary general of the Economic and Social Council.
    Mulqi stressed the importance of increasing cooperation between...
  • »Jordan Received USD226.6m in Aide, Loans in 4 Months

    Wed 7 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Ministry of Planning and International Cooperation’s report shows that the overall of foreign aid and loans extended to Jordan during the first four months of the current year, 2017, totals at around USD226.6...
  • »Phosphate Shipments to Aqaba Up 13%

    Mon 5 June / Jun 2017. 12:00 AM
    AQABA —AlGhad— Official statistics issued by the Aqaba Railroad Company show the overall shipment of phosphate transported from the Sheydyeh, Abyad, and Hasa mines to the Aqaba port, has grown by 13.3 per cent, since the beginning of...
  • »Jordan Drops 3 Spots on World Competitiveness Index

    Mon 5 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Jordan dropped 3 points in the International Institute for Management Development (IMD)’s 2017 World Competitiveness Ranking, from last year’s 53rd place.
    In the overall, compared to Jordan’s first...
  • »WB: Health, Education in Jordan Confront Notable Challenges

    Mon 5 June / Jun 2017. 12:00 AM
    AMMAN — Despite high levels of public investment in health and education in Jordan, both sectors are confronted with notable challenges in the quality of service delivery, according to a new World Bank report entitled "The Last Mile to Quality...
  • »Zarqa Trade Exports Reach JOD25m in May

    Sun 4 June / Jun 2017. 12:00 AM
    ZARQA — The value of commodities re-exported with a certificate of origin from the Zarqa Chamber of Commerce in May, stood at JOD25 million, according to official statistics.
    President of the chamber Hussein Shreim said the number of...
  • »Capital Bank; Best Bank in SMEs Category in Jordan for 2017

    Sun 4 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Banker Middle East, a specialised magazine published by CPI Financial, has named Capital Bank the best bank in Jordan in the SMEs category for the year 2017.
    The Bank was also awarded in the same category last year, in...
  • Sun 4 June / Jun 2017. 12:00 AM
    Cristiano Ronaldo scored twice as Real Madrid retained the Champions League in scintillating style by overwhelming Juventus in Cardiff.
    Real's record 12th triumph in this competition - and third in four seasons - was predictably orchestrated by Ronaldo, who has now scored in three different Champions League finals.
    Ronaldo stopped a bright Juve opening in its tracks as he swept in Dani Carvajal's pass after 20 minutes, before Mario Mandzukic levelled with one of the great Champions League final goals, firing a sublime overhead kick beyond Real goalkeeper Keylor Navas.
    Real were unstoppable after the break, restoring their lead through Casemiro's deflected shot before Ronaldo scored at the near post from a cross by the outstanding Luka Modric.
    Juventus' misery increased when substitute Juan Cuadrado was sent off for a second caution after a clash with Sergio Ramos, before substitute Marco Asensio emphasised Real's superiority with a precise finish in the last minute.
    Real coach Zinedine Zidane has now won back-to-back Champions Leagues - as well as this season's La Liga title - since he took charge in January 2016.
    (BBC)
  • »Authorities Make Numerous Arrests in Chicken Contamination Case

    Sat 3 June / Jun 2017. 12:00 AM
    AMMAN — Amman governor Saad Shehab Saturday ordered the arrest of a number of people after authorities seized and destroyed about 80 tons of chicken which was found to be unfit for human consumption.
    The food shipment was stored in a...
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