Business Archive
  • »Bureaucracy, Taxation, and High Costs Weigh on Tourism in Jordan

    Tue 3 May / May 2016. 12:00 AM
    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

    Tue 3 May / May 2016. 12:00 AM
    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. 10:00 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. 09:57 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. 09:56 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. 02:35 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%

    Sun 1 May / May 2016. 12:00 AM
    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...
  • »“Refinery Company” Distribute 10% Dividends and Raise Capital to JOD100m

    Sun 1 May / May 2016. 12:00 AM
    AMMAN — The general committee for the Jordan Petroleum Refinery Company approved the financial data for 2015, and passed the recommendations by the board of directors to raise Company capital by 33 per cent from the current amount of JOD75...
  • »JOD26m Foreign Funding to 346 NGOs in Jordan

    Sun 1 May / May 2016. 12:00 AM
    AMMAN — The total number of nongovernmental organisations (NGO) registered at the Ministry of Social Development with foreign funding for the year 2015 has reached 346 NGOs.
    According to Minister of Social Development, Reem Abu Hassan, the...
  • »“Committee” to Restructure Public Transportation Network

    Thu 28 April / Apr 2016. 12:00 AM
    AMMAN —Al Ghad— Chairman of The Public Transportation Regulatory Commission, Marwan Hmoud stated to “Al Ghad” that the study of the comprehensive cross-governorate public transportation network plan has been concluded, and...
  • »Public Purchasing Exclusive to Domestic Product —Ali

    Thu 28 April / Apr 2016. 12:00 AM
    AMMAN — Minister of Industry, Trade, and Supply, Eng Maha Ali, stated that the decision to exclude government purchases to domestic products —conditioned by there being at least three local producers— is intended to support the...
  • »Saudi Arabia-Jordan Coordination: Post-Oil Blueprint Plan

    Thu 28 April / Apr 2016. 12:00 AM
    Just days ago, Saudi Arabia and Jordan agreed to set up a joint coordination council that will oversee investments by the Saudi Public Investment Fund to be allocated in Jordan; the largest investment scale Jordan has seen in decades, to "unblock...
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