Business Last Week
  • »Treasury Bonds Down 21% in 11 Months

    Sat 2 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The overall value of Treasury bonds sold by the Central Bank of Jordan (CBJ) has declined by nearly 21 per cent during the first 11 months of the year, from JOD4.01 by end of November 2016 to JOD3.17 billion, according to...
Business 2 Weeks Ago
  • »Jordan, Britain Sign GBP94.5m Grant MoU

    Thu 30 November / Nov 2017. 12:00 AM
    AMMAN — Jordan and Britain, on Thursday, signed a Memorandum of Understanding, by which the later will provide Jordan 94.5 million pounds to support Jordan’s economy and the education sector.
    In the presence of Prime Minister Hani Mulqi...
  • »Gov’t Raises Fuel Prices 3.8-4.3% Friday, Gas Prices Fixed

    Thu 30 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The government decided to raise fuel prices 3.8-4.3 per cent, effective as of tomorrow, Friday, maintaining the household gas price fixed at JOD7 per cylinder, despite the global increase in house gas prices to JOD9.26 per...
  • »Gov’t Allocates JOD11m to Expanding Grain Storage Facilities, Industrial Projects

    Wed 29 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The government, according to the 2018 Budget Bill, has allocated JOD9 million to expanding grain storage facilities and JOD2 million to the construction of new industrial facilities and cities, all in various parts of the...
  • »Central Bank Gold Reserves Up 21.2%

    Wed 29 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The Central Bank of Jordan (CBJ)’s reserves of gold have increased in value by some 21.2 per cent over the first 10 months of the year, 2017, compared to the closing figures of 2016, according to CBJ.
    The total...
  • »Hike in Fuel Prices Expected in December

    Wed 29 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The chairman of the association of gas distribution stations, Hashem Aqel, disclosed to AlGhad that the prices of fuel and oil derivatives are expected to increase by 4.8 per cent, and that the lion’s share of the...
  • »First JOD2m-Placement Allocated for Awqaf School Construction

    Wed 29 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The Minister of Awqaf and religious endowment, Dr Wael Arabyat, announced today, Wednesday, that the ministry’s board has agreed to allocate the first JOD2 million for the construction of a school in Husban, west of...
  • »Gov’t Spending Up 50% in 10 Years, Despite Deficits

    Tue 28 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Public spending, in just ten years, has increased by nearly 50 per cent, from JOD6 billion in 2009 to JOD9.035 billion, according to the 2018 Budget Bill, despite the building deficits.
    On average, the government has...
  • »Gov’t to Revisit Customs Exemptions for Hybrid Cars

    Tue 28 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— An official source with the government has uncovered to AlGhad that the Minister of Finance has made a request to the financial legislative committee to look into retracting customs exemptions for hybrid cars.
    The source...
  • »Minister: No Decline in ‘Social Security’ Investment Fund Revenues

    Tue 28 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad—The Minister of Labour, Ali Ghizawi, responded to an MP inquiry today, Tuesday, reaffirming that the revenues of the Social Security Corporation (SSC)’s investment fund have not declined since 2015.
    According to...
  • »US Financial Watchdog in Chaos as Chief Refuses to Step Aside for Trump's Man

    Mon 27 November / Nov 2017. 12:00 AM
    CAPITALS — The US consumer financial watchdog was plunged into turmoil on Monday as rival directors vied to take charge amid a lawsuit against the White House.
    The Consumer Financial Protection Bureau (CFPB) director resigned last week and...
  • »Bitcoin Hits New Record High

    Mon 27 November / Nov 2017. 12:00 AM
    CAPITALS — Virtual currency Bitcoin hit a record high of USD9,700 after jumping 4.5 per cent so far on Monday.
    The move takes it to 20 per cent above the level it stood at on Friday, according to the Luxembourg-based Bitcoin exchange,...
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