Business Archive
  • »EBRD, Oasis500 Sign EUR2m Agreement

    Thu 10 May / May 2018. 12:00 AM
    AMMAN — The European Bank for Reconstruction and Development (EBRD) and Oasis500, a leading seed investment company and business accelerator, on Thursday signed an agreement under which the bank will provide EUR2 million to the firm in the...
  • »EBRD Grant of EUR19.6m to West Irbid Sanitary Project

    Thu 10 May / May 2018. 12:00 AM
    AMMAN — The Jordanian government and the European Bank for Reconstruction and Development (EBRD) on Thursday signed an additional grant agreement worth EUR19.6 million to support implementation of the sanitary network project west of Irbid...
  • »New Tax Bill to Add 10% Tax on PLCs

    Wed 9 May / May 2018. 12:00 AM
    AMMAN —AlGhad— The government’s amended Income Tax Bill imposes an additional 10 per cent tax on Public Liability Company dividends, Director of the Income and Sales Tax Department Hussam Abu Ali told AlGhad.
    This particular...
  • »Queen Calls for Inclusive Future of Work at EBRD Convention

    Wed 9 May / May 2018. 12:00 AM
    DEAD SEA — Addressing the role of automation in transforming future jobs, Her Majesty Queen Rania Al Abdullah stressed that inclusivity is essential for the success of the future of work.
    Speaking in the presence of His Majesty King Abdullah...
  • »EBRD Encourages Tax Reforms in Jordan

    Wed 9 May / May 2018. 12:00 AM
    AMMAN — Two European Bank for Reconstruction and Development (EBRD) officials on Wednesday said that Jordan is undergoing ambitious reforms and voiced the bank's support of tax reforms carried out by the Jordanian government.
    This came at a...
  • »EBRD, UK Provide JOD22m to Upgrade Amman Solid Waste Operations

    Wed 9 May / May 2018. 12:00 AM
    DEAD SEA — The European Bank for Reconstruction and Development (EBRD) and the United Kingdom are providing a financing package equivalent to up to JOD 22 million to the Greater Amman Municipality (GAM) to help improve solid waste operations...
  • »‘New Tax Bill Unfair’ —Agricultural Engineers Association

    Tue 8 May / May 2018. 12:00 AM
    AMMAN —AlGhad— The Jordan Agricultural Engineers Association stated today, Tuesday, that the proposed amendments to the tax law are unfair and will incur negative implications on society as a whole and the agricultural sector is...
  • »Gov’t to Lower Exemptions, Restructure Income Segments

    Sun 6 May / May 2018. 12:00 AM
    AMMAN —AlGhad— Ranking official sources with the Ministry of Finance uncovered to AlGhad that the government’s suggested amendments to the Income Tax Law will indeed, as economists expected, lower the income tax exemption ceiling,...
  • »Gov’t Exempts Renewable Energy Systems, Inputs of Customs

    Sat 5 May / May 2018. 12:00 AM
    AMMAN —AlGhad— The government published the latest amendments to the 2018 Custom Duties Exemptions Regulations for the Renewable Energy Sector, approving the conditional exemption of renewable energy systems and input of custom duties....
  • »Gov’t: 20% of Foreign Labour Force in Jordan Carry Permits

    Thu 3 May / May 2018. 12:00 AM
    DEAD SEA —AlGhad— Minister of Agriculture Khaled Huneifat stated last Thursday, on the sidelines of the Jordan Economic Forum, that only 20 per cent of Jordan’s foreign labour force carry permits, out of one million.
    Around 80 per...
  • »New Tax Bill to Criminalise Tax Evasion: Gov’t

    Wed 2 May / May 2018. 12:00 AM
    AMMAN —AlGhad— Minister of Finance Omar Malhas stated today, Wednesday, addressing the Jordan Economic Forum, that the government’s new tax law bill is focused on countering tax evasion and enhancing tax collection mechanisms,...
  • »RJ Cuts Q1-2018 Losses in Half

    Wed 2 May / May 2018. 12:00 AM
    AMMAN —AlGhad— Royal Jordanian Airlines (RJ) CEO and General Director Stefan Pichler announced today, Wednesday, that the company’ losses during the first quarter of the year, Q1-2018, were reduced by at least 50 per cent.
    Net...
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