Business Last Week
  • »Power Theft Defendant Fined JOD3.9m

    Thu 9 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The National Electric Power Company (NEPCO) issued a JOD1.2 million-fine against the defendant in Jordan’s biggest power theft case, according to an informed source who spoke in anonymity.
    The source confirmed that...
  • »Twitter Doubles Character Limit to 280

    Wed 8 November / Nov 2017. 12:00 AM
    WASHINGTON — Twitter company on Tuesday said users can send tweets with as many as 280 characters per tweet, which is double the previous limit, in an attempt by the social media company to revive anaemic user growth.
    Twitter explained the...
  • »Shipping Sector Losses Up by JOD30m since Qatar Blockade

    Wed 8 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The chairman of the Jordanian truckers association Mohammad Dawood uncovered to AlGhad that the land shipping sector has lost an additional JOD30 million since the Qatar blockade, on top of the losses incurred in these...
  • »German Ups Jordan Grants, Support to EUR577m for 2017

    Wed 8 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Negotiations between the governments of Jordan and German on Developmental Cooperation in 2017 has resulted in the allocation of an additional EUR275.17 million in grants and loans this year, on top of the annual German...
  • »Economic Growth in Jordan Expected at 2.3% in 2017: EBRD

    Tue 7 November / Nov 2017. 12:00 AM
    AMMAN — The European Bank for Reconstruction and Development (EBRD) said economic growth in Jordan is expected to remain at 2.3 per cent in 2017 and reach around 2.5 per cent in 2018.
    In its 2017 economic growth forecasts issued Tuesday, the...
  • »King Awards Participating Jordanian Scientists at WSF

    Tue 7 November / Nov 2017. 12:00 AM
    DEAD SEA —AlGhad— His Majesty King Abdullah II awarded a number of participating Jordanian scientists at the 2017 World Science Forum (WSF) in Jordan, launched at the King Hussein bin Talal Convention Centre at the Dead Sea today,...
  • »Treasury Bonds Down 24% in 10 Months of 2017

    Mon 6 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The overall value of Treasury bonds sold by the Central Bank of Jordan (CBJ) has declined by JOD940 million in the first 10 months of the year, 2017, approximately 24.3 per cent, to JOD2.92 billion by end of October, as...
  • »Demand for House Gas Up 10% in November

    Mon 6 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The daily demand average for house gas tubes has increased by nearly 10 per cent since the beginning of November, from 70 thousand tubes per day in October to 75 thousand, according to the Association of Fuel and Gas...
  • »Abu-Ghazaleh among Most Influential Muslim Business Figures in the World

    Mon 6 November / Nov 2017. 12:00 AM
    AMMAN — The Royal Islamic Strategic Studies Centre (RISSC), a Jordanian think tank, selected Dr Talal Abu-Ghazaleh, chairman of Talal Abu-Ghazaleh Organization (TAG-Org) among the World's Most Influential Muslims in business sector in 2017....
  • »Remittance from Jordanian Expats Reach USD2.8b End of September

    Mon 6 November / Nov 2017. 12:00 AM
    AMMAN — Jordanians’ remittances went up by 0.7 per cent during January-September this year, according to the Central Bank of Jordan (CBJ) figures.
    The remittances totalled USD2.8 billion at the end of September up from USD2.78 billion...
  • »Value of Industrial Exports of Irbid Reach USD62m in October

    Sun 5 November / Nov 2017. 12:00 AM
    IRBID — The value of Irbid's exports to foreign markets rose by 34.8 percent in October this year standing at USD62.3 million compared to USD46.2 million in the same period of last year.
    Exports of Al Hassan Industrial Estate in the northern...
  • »King Strongly Condemns Riyadh Missile Targeting

    Sun 5 November / Nov 2017. 12:00 AM
    AMMAN — His Majesty King Abdullah II, on Sunday, sent a cable to Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al Saud, expressing his strong condemnation over the launching of a ballistic missile by the Houthi militia in Yemen...
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