Business Last Week
  • »Global Citizenship Forum to Convene in Montenegro this Month

    Sat 7 October / Oct 2017. 12:00 AM
    CAPITALS —AlGhad— Around 400 business leaders, prime ministers, entrepreneurs, celebrities and global thinkers will take part a two- day event forum later this month in Montenegro to discuss the challenges facing the world and finding...
  • »Hikes in Fuel Prices Drive Demand on Hybrid Vehicles Up 21%

    Sat 7 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— Demand on hybrid vehicles domestically has increased by 21.2 per cent in 2017’s first nine months, compared to the same duration last year, according to the statistics by The Jordanian Free Zones Investors...
Business 2 Weeks Ago
  • »CBJ Foreign Reserves at USD13b in July

    Thu 5 October / Oct 2017. 12:00 AM
    AMMAN — The Central Bank of Jordan's (CBJ) foreign reserves stood at USD12.982 billion at the end of July this year sufficient to cover the Kingdom's imports of commodities and services for 7.3 months, according to the monthly bulletin of the...
  • »Power Theft Investigation Uncovers Massive Water Theft

    Thu 5 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— The Ministry of Water and Irrigation said that the investigation into the power theft incident last Tuesday has helped uncover a massive violation of water regulation in the form of groundwater theft.
    The perpetrator...
  • »Minister: 2020 Will See Revolution in Transportation

    Thu 5 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— The Mayor of Amman, Dr Yousef Shawarbeh, stated in an interview with Diala Dabbas, on CSO platform Taqaddam, that the year 2020 will see the realisation of a revolution in the fields of transportation.
    Projects underway...
  • »Municipality Buys 75 Pick-up Trucks for JOD2.167m

    Tue 3 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— The Greater Amman Municipality (GAM) council has decided to ratify the procurement order of 75 2017 4x4 double-cabin pick-up trucks, from a local company in Amman, for JOD2.1675 million.
    Negotiations have led to a...
  • »NEPCO Uncovers Largest Power Theft in Jordan’s History

    Tue 3 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— The Jordan National Electric Power Company (NEPCO) and the Energy and Minerals Regulatory Commission (EMRC) uncovered the single largest power theft extension in Jordan’s history, around JOD300 thousand worth of...
  • »Price per Tonne of Subsidised Flour down JOD3.00

    Tue 3 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— The Ministry of Industry, Trade and Supply has decided to cut 5.3 per cent on the price per tonne of subsidised flour, amounting exactly to JOD3.00, Yanal Barmawi, the ministry’s spokesperson confirmed to AlGhad on...
  • »Energy Waste Down to 1.66% on Core Grid, 13% on Distribution

    Mon 2 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— Energy waste via the core national grid has declined to 1.66 per cent in 2015, according to the Energy and Minerals Regulatory Commission (EMRC), from 1.81 per cent in 2014.
    In the overall, every percentile of waste costs...
  • »Debt-to-Income Per Capita at 70%, as CBJ Warns of Rise in Retail Credit Facilities

    Mon 2 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— Finally, the Central Bank of Jordan (CBJ) announced that the overall rate of Debt-to-Income per capita has reached 70 per cent last year, in 2016, according to the CBJ’s 2016 Financial Stability Report.
    Credit...
  • »Jordan’s First Industrial Exports to Iraq Cross ‘Tureibil’ Monday

    Sun 1 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad—The first of Jordan’s industrial exports to Iraq are expected to make it through the Trureibil border crossing tomorrow Monday, according to the head of the Iraq exportation follow up committee, Hasan Smadi.
    Mr Smadi...
  • »Gold Dips as World Prices Decline, US Dollar Up

    Sun 1 October / Oct 2017. 12:00 AM
    AMMAN —AlGhad— The price per ounce of gold dipped to USD1,275, worldwide, from USD1,355 earlier in September, according to the Secretary General of the Jewellers Association, Ribhi Elayan.
    Prices per gram of 24k, 21k, 18k gold have...
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