Business Archive
  • »Oil Prices Drive Up Electric Power Rates

    Mon 30 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— The government, last Saturday, raised the electric power rate by JOD0.002 on the kilowatt, to make up for the hike in the global oil price range, official sources have confirmed.
    According, the rate per kilowatt now...
  • »Tax Dep’t: 132,000 Companies Involved in Tax Evasion

    Mon 30 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Around 132,000 registered and active companies practice tax evasion, a study by the Income and Sales Tax Department (ISTD) has found, as the combined annual income tax of these companies does not exceed JOD60 million....
  • »Gov’t Raises Fuel Prices 3.7%, 4.2%, 6.5% and 14%

    Mon 30 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— The government decided to raise fuel prices by 3.7-14% per cent as of midnight today, Monday, effective May 1st, 2108. Following are the increase rates and new fuel prices for May: - Octane-90 (3.7%): from JOD0.78 per...
  • »Gold Settles after Fluctuating Week at JOD32.8/gm of 24k-Gold

    Mon 30 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Gold prices in Jordan have fluctuated throughout the past several days due to the variations in the global price range of gold, anchoring finally at JOD32.8, JOD28 and JOD24 per gram of 24, 21 and 18 Karat gold,...
  • »Jordan Pushing Ahead with Five-Year Reforms: Minister

    Sun 29 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Minister of Planning and International Cooperation, Emad Fakhouri, said Jordan is working on completing a five-year reform matrix with the World Bank and the country's major donors aimed to boost growth and create jobs,...
  • »Jordan Participates in the African-Arab Economic Forum

    Thu 26 April / Apr 2018. 12:00 AM
    AMMAN — The two-day African- Arab Economic Forum, dubbed, "To Build Integrated Model of Regional Cooperation," held in the Moroccan city of Rabat concluded its deliberations on Thursday.
    Senator Mustafa Barari, who attended the discussions,...
  • »Gov’t, ‘Refinery’ Negotiate Purchase, Sourcing Quota

    Thu 26 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— An informed official source has informed AlGhad today, Thursday, that the Jordan Petroleum Refinery Company is currently negotiation the terms of a purchase and source quota arrangement with the government, anticipating an...
  • »E-Payment Transactions via Mobile Phones Up 25%

    Thu 26 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— According to the Central Bank of Jordan (CBJ)’s monthly bulletin, the overall value of e-payment transactions via mobile phones in Jordan has increased by 25 per cent between February 2018 and March 2018, from...
  • »Gov’t Ratifies Modified Ride-Sharing App Regulations

    Thu 26 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— The government Wednesday afternoon ratified the amended regulations for ride-sharing mobile applications in Jordan, entailing fundamental solutions to the issues hurdling legalisation, according to Minister of Transport...
  • »Social Security Fund Responds to Editor-in-Chief’s Remarks

    Wed 25 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— The Social Security Investment Fund (SSIF) has provided AlGhad with a response to the Editor-in-Chief, Jumana Ghunaimat’s article, “The Untapped Potential of the Social Security Fund”, originally entitled...
  • »Jordan’s Oil Bill Rises 39.2%, Exports Up 4.5%

    Wed 25 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Jordan’s overall oil bill has increased by 32.9 per cent during the first two months of 2018, from JOD359.6 million in February 2017 to JOD477.8 million, according to the Department of Statistics monthly bulletin....
  • »Gov’t Acquires JOD24m Worth of SSC, M1 Shares in RJ

    Wed 25 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— The government has acquired JOD24 million worth of the Royal Jordanian Airlines (RJ)’ initial public offering (IPO) shares, owned by the Social Security Corporation (SSC) and M1, a company owned by former Lebanese...
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