Business 2 Weeks Ago
  • »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,...
  • »JETT Start Operating Trips to Iraq

    Mon 27 November / Nov 2017. 12:00 AM
    AMMAN — The Jordan Express Tourist Transportation Company (JETT) said it will start operating trips to Iraq via its buses, the first of which will take off on Saturday.
    JETT Director-General, Malik Haddad, Monday told Petra that his company...
  • »Deal Signed to Construct Logistics Hub, Airport in Mafraq

    Mon 27 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The Investment Commission, US company Safe Port and the Mafraq Developmental Zone company signed the finalised agreement earlier today, Monday, for the construction of the logistics hub and airport in Mafraq.
    The massive...
  • »Oil Expenditures Up 21% in 9 Months

    Mon 27 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The Kingdom’s oil expenditures have increased to some JOD1.5 billion, by approximately 21.1 per cent over the first nine months of the year, 2017, compared to expenditures over the same duration in 2016, at JOD1.3...
  • »Debt-to-GDP Unlikely to Decrease in 2018, Tax Revenues Likely to Subside: Economists

    Mon 27 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Economists and financial experts Mufleh Aqel and Mohammad Bashir expressed their concerns to AlGhad that the government will not be able to drive down the Debt-to-GDP rate next year, despite claims by Finance Minister Omar...
  • »Lower House Listens to State Budget Draft Law Speech

    Sun 26 November / Nov 2017. 12:00 AM
    AMMAN — The Lower House of Parliament on Sunday listened to the state budget draft law speech delivered by Finance Minister Omar Malhas.
    During a session, which was chaired by House Speaker Atef Tarawneh and attended by Prime Minister Hani...
  • »Public Health Insurance Department JOD145m in Debt

    Sun 26 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Director of the Public Health Insurance Department, Dr Elham Khureisat, uncovered to AlGhad today, Sunday, that the department’s overall accounts payable stand at JOD144.897 million, as of 2017, in addition to...
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