Business 2 Weeks Ago
  • »Foreign Deposits Up 4%, Total Deposits Down 1.5%

    Sun 11 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The overall value of foreign currency bank deposits in Jordan went up 4 per cent during the first 4 months of the year, 2017, to an equivalent of JOD7.213 billion, compared to closing figures of the year 2016, comprising...
  • »Russia Says Kazakhstan Committed to Oil Output Deal

    Sat 10 June / Jun 2017. 12:00 AM
    The energy ministers of Russia, Saudi Arabia and Kazakhstan did not discuss any adjustments to output levels Kazakhstan agreed to as part of a global oil output deal, Russian Energy Minister Alexander Novak was quoted as saying on Saturday.
    "No, we...
  • »Gold Drops against US Dollar Hike, Oil Rises Slightly

    Sat 10 June / Jun 2017. 12:00 AM
    CAPITALS —AlGhad— Oil prices rose on Friday after a pipeline leak in Nigeria caused a suspension in sourcing, but crude still ended the week down nearly 4 per cent on persistent worries about global oversupply.
    Lower US crude...
  • »Economic Plan Includes JOD4.3b for Energy Sector Development

    Sat 10 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Jordanian Economic Growth Stimulation Plan 2018-2022, prepped by the economic policies council recently, is to include developments in the energy sector worth in total JOD4.3 billion.
    In the overall, the plan entails...
  • »MoUs on Renewable Energy to Be Signed

    Sat 10 June / Jun 2017. 12:00 AM
    AMMAN — Minister of Energy and Mineral resources Ibrahim Saif said Saturday that the ministry had embarked on procedures to sign memorandums of understanding with companies that qualified to submit bids in six renewable energy projects, at a...
Business 3 Weeks Ago
  • »PM Chairs Government Economic Team Meeting

    Thu 8 June / Jun 2017. 12:00 AM
    AMMAN — Prime Minister Hani Mulqi chaired a meeting for the government's economic team in the presence of the president and secretary general of the Economic and Social Council.
    Mulqi stressed the importance of increasing cooperation between...
  • »Jordan Received USD226.6m in Aide, Loans in 4 Months

    Wed 7 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Ministry of Planning and International Cooperation’s report shows that the overall of foreign aid and loans extended to Jordan during the first four months of the current year, 2017, totals at around USD226.6...
  • »Phosphate Shipments to Aqaba Up 13%

    Mon 5 June / Jun 2017. 12:00 AM
    AQABA —AlGhad— Official statistics issued by the Aqaba Railroad Company show the overall shipment of phosphate transported from the Sheydyeh, Abyad, and Hasa mines to the Aqaba port, has grown by 13.3 per cent, since the beginning of...
  • »Jordan Drops 3 Spots on World Competitiveness Index

    Mon 5 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Jordan dropped 3 points in the International Institute for Management Development (IMD)’s 2017 World Competitiveness Ranking, from last year’s 53rd place.
    In the overall, compared to Jordan’s first...
  • »WB: Health, Education in Jordan Confront Notable Challenges

    Mon 5 June / Jun 2017. 12:00 AM
    AMMAN — Despite high levels of public investment in health and education in Jordan, both sectors are confronted with notable challenges in the quality of service delivery, according to a new World Bank report entitled "The Last Mile to Quality...
  • »Zarqa Trade Exports Reach JOD25m in May

    Sun 4 June / Jun 2017. 12:00 AM
    ZARQA — The value of commodities re-exported with a certificate of origin from the Zarqa Chamber of Commerce in May, stood at JOD25 million, according to official statistics.
    President of the chamber Hussein Shreim said the number of...
  • »Capital Bank; Best Bank in SMEs Category in Jordan for 2017

    Sun 4 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Banker Middle East, a specialised magazine published by CPI Financial, has named Capital Bank the best bank in Jordan in the SMEs category for the year 2017.
    The Bank was also awarded in the same category last year, in...
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