Business Archive
  • »Groupe Aéroports de Paris Acquires AIG Controlling Stakes

    Thu 19 April / Apr 2018. 12:00 AM
    AMMAN — Airport International Group and international airport operator, Groupe Aéroports de Paris (ADP) have announced on Thursday a new acquisition deal whereby Groupe ADP has acquired a majority stake of 51 per cent.
    The announcement...
  • »Aqaba: 14 Tourist Cruise Ships to Dock in April

    Tue 17 April / Apr 2018. 12:00 AM
    AQABA —AlGhad— Tourism and Economic Affairs Commissioner with the Aqaba Special Economic Zone Authority (ASEZA) Sharhabeel Madi told Petra today, Wednesday, that the Aqaba port will receive up to 14 cruise ships in April, carrying...
  • »Economic Conference to Launch in Amman Saturday

    Mon 16 April / Apr 2018. 12:00 AM
    AMMAN — Jordanian and foreign experts and specialists will meet next Saturday in Amman to put future visions to stimulate the Jordanian economy, limit the challenges it faces and communicate with decision-makers to benefit from the outcome of...
  • »Inflation Up 3.7% in Q1-2018, Compared to Q1-2017

    Mon 16 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Official market and economic data indicate the quarterly inflation index has increased by 3.7 per cent, during the first three months of the year, Q1-2018, compared to the median price index of the Q1-2017.
    The inflation...
  • »Produce Exporters Suspend Strike, Deal Struck with Gov’t

    Sun 15 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Produce exporters will suspend their strike, which was supposed to begin on Monday, having reached to an agreement with the Ministry of Agriculture.
    Minister Khaled Huneifat meet extensively with the exporters, the...
  • »Planning Minister to Partake in WB, IMF Meetings in Washington

    Sun 15 April / Apr 2018. 12:00 AM
    AMMAN — Minister of Planning and International Cooperation Emad Fakhouri will take part in the 2018 Spring Meetings of the International Monetary Fund (IMF) and the World Bank (WB) Group that will be held in Washington during April 16-22....
  • »Foreign Investment in Jordan Up 7% in 2017

    Sat 14 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Foreign investment in Jordan has increased by 7.2 per cent in 2017, or approximately JOD79.4 million, from JOD1.102 billion in 2016, to JOD1.182 billion, according to the Central Bank of Jordan (CBJ)’s last figures....
  • »Google Loses 'Right to Be Forgotten' Case

    Sat 14 April / Apr 2018. 12:00 AM
    LONDON — A businessman fighting for the "right to be forgotten" has won a UK High Court action against Google.
    The man, who has not been named due to reporting restrictions surrounding the case, wanted search results about a past crime he had...
  • »Agricultural Exporters to Suspend Exports Next Monday

    Thu 12 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Agricultural produce exporters have announced the suspension of all exportation as of next Monday to protest the Ministry of Agriculture’s sampling methods which, according to the exporters, has harmed their trade....
  • »Budget Deficit Up 175%, Expenditure Up 25%, Revenues Up 5%

    Thu 12 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— The overall budget deficit after aid and grants has increased by 175 per cent, at approximately JOD313 million, by the end of February 2018, compared to JOD113.9 million for the same duration in 2017, according to the...
  • »Low Consumer Demand on Ramadan Goods Expected

    Thu 12 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— Representatives of the commercial sector foresee a significant drop in consumer demand on Ramadan goods ahead of the holy season, as the public’s purchasing power has eroded, they say, due to the recent price hikes,...
  • »Overall Public Debt at JOD27.5b in Feb-2018

    Wed 11 April / Apr 2018. 12:00 AM
    AMMAN —AlGhad— The Ministry of Finance issued its monthly bulletin today, Wednesday, showing Jordan’s overall public debt at JOD27.458 billion, approximately 95.8 per cent of Gross Domestic Product (GDP), by the end of February...
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