Business Archive
  • »Budget Debate to Launch on Sunday, Despite Pressures

    Tue 26 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The House of Representatives agreed to launch the 2018 Budget Bill Debates on Sunday.
    The Committee on Financial Affairs has not decided on the Bill yet, MP Mousa Wahsh said, despite Speaker Atef Tarawneh’s attempts...
  • »Cattle Farmers Protest to Limit Beef Cattle Imports

    Tue 26 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Dozens of members of the Beef Cattle Farmers Cooperative held a protest yesterday, Thursday, demanding limitations to be placed on the importation of beef cattle powdered milk, in order to support the domestic sector....
  • »MPs Present Report on Budget Bill, Assess Annual Bread Subsidy per Capita at JOD14.4

    Tue 26 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The House of Representatives Committee on Financial Affairs assessed direct cash subsidies for bread per capita at JOD14.4, payable to some five million Jordanians annually, while slightly contracting the deficit to...
  • »Gov’t Likely to Pin Fuel Prices in January-2018

    Mon 25 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Informed sources confirmed to AlGhad that the government is likely to pin fuel prices at the current levels, maintaining the price range in January, 2018, with 90 and 95 Octane fuels sold at JOD0.720 and JOD0.845 per...
  • »Syria Crisis Plan Funding at 59%

    Sat 23 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Funding for the Jordan Response Plan, according to the Syria Crisis platform (JRPSC), stands at 59 per cent of the required USD2.65 billion for 2017, roughly around USD1.559 billion.
    Of the acquired amount, USD653.7...
  • »‘Investor Confidence Index’ Drops 2.18pts

    Sat 23 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad—The Investor Confidence Index in Jordan has declined by 2.18 points in October, 2017, from 90.92 points in September, 2017, to 88.74 points, according to the Jordan Strategy Forum (JSF).
    The secondary trust index at the...
  • »Gov’t to License New Fuel, Oil Marketing Companies in 2018

    Sat 23 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The government is planning to license two new fuel and oil derivatives marketing and promotion companies within the upcoming year, 2018, on top of the existing three, according to the Ministry of Energy and Mineral...
  • »Industrial Envoy to Iran to Discuss Strengthening Economic Ties

    Sat 23 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— An industrial envoy to Iran, headed by the Chairman of the Jordan Chamber of Industry, Adnan Abul Ragheb, met with a number of Iranian officials and industrialists over the last three days, to discuss means of bolstering...
  • »“Budget Objectives Attainable with Effective, Efficient Economic Management” — PM

    Thu 21 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— In a meeting with the MP Committee on Financial and Fiscal Affairs today, Thursday, Prime Minister Dr Hani Mulqi stated that the objectives of the 2018 Budget will not be difficult to attain if the economic file is run...
  • »Minister: 200k Impoverished Jordanian Households, Only 92k on Welfare

    Thu 21 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— During a meeting with the MP Economic Committee today, Thursday, headed by Dr Rajai Muoasher, the Minister of Social Development, Hala Lattouf, uncovered that there are currently roughly 200 thousand impoverished Jordanian...
  • »Jordan, EBRD Sign 33-Million Euros Agreements

    Wed 20 December / Dec 2017. 12:00 AM
    AMMAN — The Jordanian Government and the European Bank for Reconstruction and Development (EBRD) on Wednesday signed a soft loan and two grant agreements worth EUR33 million to support the infrastructure sector and to develop the sanitation...
  • »Unemployment Up to 18.5% in Q3-2017

    Tue 19 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The rate of unemployment in Jordan has increased in the third quarter of the current year, Q3-2017, to 18.5 per cent according to the Department of General Statistics’ quarterly report today, Tuesday.
    Unemployment...
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