Business Last Month
  • »Gov’t Opens Doors for Gold Prospecting in Wadi Araba

    Thu 25 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The Ministry of Energy and Mineral Resources announced yesterday, Wednesday, that the door for gold prospecting in Wadi Araba  is now open and that the government is looking to attract qualified mining companies to...
  • »AES Jordan Funds USD40m-Solar Power Station

    Thu 25 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— AES Jordan has agreed to fund the construction solar energy generation station project with a USD40 million, according to an informed source at the Jordanian company, under the name AM Solar BV/Jordan.
    The fund is...
  • »Iraqi Duty-Exemptions on Jordanian Produce Still Pending

    Thu 25 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— Multiple sources have confirmed to AlGhad today, Thursday, that the Iraqi government has yet to implement the decision to exempt Jordanian products of customs and duty fees, which was ratified by the Iraqi authorities last...
  • »Agricultural Sectoral Price Index Up 10.6%

    Wed 24 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The sectoral price index for the agricultural producers in the has increased by 10.6 per cent by November 2017, compared to November 2016, according to the figures of the General Statistics Departments.
    The Nov-2017 price...
  • »King Orders Halt to Tax Increase on Medication

    Wed 24 January / Jan 2018. 12:00 AM
    AMMAN — Under the directives of His Majesty King Abdullah II, the decision to increase the general tax on the medicines will be halted and the government will take all administrative and legal measures to implement the royal directive, Prime...
  • »MPs to Discuss "Surge in Prices" Next Sunday

    Tue 23 January / Jan 2018. 12:00 AM
    AMMAN — The Lower House of Parliament decided on Tuesday to hold a monitoring session next Sunday to discuss the government’s measures to hike tax on goods, services and drugs.
    In today’s session, presided by the Speaker of the...
  • »USD20m EBRD Loan to Cairo Amman Bank to Boost SME Sector in Jordan

    Mon 22 January / Jan 2018. 12:00 AM
    AMMAN — The European Bank for Reconstruction and Development (EBRD) said Monday it will provide a USD20 million loan to Cairo Amman Bank (CAB) for on-lending to local micro, small and medium-sized enterprises (MSMEs), continuing its support of...
  • »Inbound Foreign Investment Dips 5% in Q3-2017

    Mon 22 January / Jan 2018. 12:00 AM
    AMMAN —Alghad— Inbound direct foreign investment in Jordan has declined by 5.3 per cent during the third quarter of last year, Q3-2017, some JOD13.4 million, from JOD249.3 million in Q3-2016, to JOD235.9 million, according to figures by...
  • »Gov’t Considers Extending Hybrid Exemptions

    Mon 22 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— An informed source with the government has confirmed to AlGhad that the Cabinet is currently considering extending the special tax exemptions on hybrid vehicles for another year at 25 per cent, as opposed to raising it to...
  • »Outbound Remittance Up 18%

    Sun 21 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— Outbound remittance has increased during the first nine months of the year, 2017, by 18 per cent, to USD261.3 million, compared to USD221.5 million for the same duration in 2016, according to the Central Bank of Jordan...
  • »Central Bank’s Reserves Up 0.5% in 2017

    Sun 21 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The Central Bank of Jordan (CBJ)’s overall reserve of foreign currencies and gold has increased by 0.5 per cent in 2017 to JOD12.171 billion, compared to JOD12.115 billion in 2016, according to CBJ’s annual...
  • »Authorities Launch Special Investment Protection Police Unit

    Sat 20 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— Director of the Public Security Department (PSD) Maj Gen Ahmed Faqih, has decided to set up a special unit to protect investment as an independent entity that provides security to businesses and investors.
    The new unit,...
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