Business Archive
  • »Oil Refinery Company Liquidation Farfetched, Decision in Hands of Shareholders: Sources

    Sun 9 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— As rumours spread about the government’s imminent decision to liquidate the Oil Refinery company, should it be unable to conclude the 4th expansion project, the Company itself has confirmed that liquidation is a...
  • »Electronics Ban on RJ Flights to US Lifted

    Sun 9 July / Jul 2017. 12:00 AM
    AMMAN — The electronic devices ban has been lifted for Royal Jordanian’s (RJ) flights from Amman’s Queen Alia International Airport to the US effective today July 9, 2017.
    RJ President/CEO Stefan Pichler said: "Enhanced security...
  • »‘Basra-Aqaba’ Pipeline Constructions to Begin Soon; Before End of Year

    Thu 6 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— A ranking Iraqi official stated to AlGhad on Tuesday that the governments of Jordan and Iraq will begin final technical consultations next week on the implementation of the Basra-Aqaba oil pipeline project, worth around...
  • »New Poverty Census in August 2017

    Thu 6 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— The Director of the public Department of Statistics, Dr Qasem Zoubi, said that a new poverty census is scheduled to be conducted in August, 2017, based on a new method, in collaboration with the World Bank (WB).
    The...
  • »Power Load Falls by 50MW as Heatwave Begins to Subside

    Wed 5 July / Jul 2017. 12:00 AM
    AMMAN — Power demand fell on Tuesday by 50 megawatts and reached 3,220 megawatts compared to about 3,270 megawatts recorded yesterday and was the highest this year.
    Director of operation and planning at the National Electric Power company,...
  • »Outbound Remittance Up 21.3%

    Wed 5 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— According to data by the Central Bank of Jordan (CBJ) Outbound remittance has gone up 21.3 per cent to JOD84.8 million during the first quarter of the year, Q1-2017, compared to JOD69.9 million in Q1-2016.
    Compound data...
  • »Baptist Site Development Project May be Granted to Sole Investor

    Wed 5 July / Jul 2017. 12:00 AM
    JORDAN VALLEY —AlGhad— An informed government source exposed to AlGhad the government’s intentions to grant the Baptist Site development project, with exclusive privileges, to a sole Jordanian investor, worth at least USD250...
  • »Current Deficits Down 23%

    Tue 4 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— According to data by the Central Bank of Jordan (CBJ) the current accounts deficit has declined during the first quarter of the year, Q1-2017, by JOD238.3 million, or 23.2 per cent, compared to the figures for Q1-2016....
  • »Outbound Domestic Expenditure on Travel, Tourism Up 10%

    Mon 3 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— Domestic spending on overseas and outbound travel and tourism activities has increased by 10.5 per cent, during the first quarter of the year, Q1-2017, according to the Central Bank of Jordan (CBJ), to JOD325.1 million,...
  • »Treasury Bonds Down 34%

    Sun 2 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— The overall value of treasury bonds issued by the Central Bank of Jordan (CBJ) in open auction to local banks in favour of the government during the first half of this year, H1-2017, declined by JOD700 million,...
  • »Arab Forum to Discuss Role of SMEs in Economic Development

    Sun 2 July / Jul 2017. 12:00 AM
    AMMAN — A regional forum will be held in Amman later this month to discuss the role of Small and Medium Size Enterprises (SMEs) in achieving economic development and social justice.
    The event, which is organized by the Union of Arab Banks in...
  • »Fuel Prices Down 2.2-3.1%

    Sat 1 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— The government on Friday announced lowering the fuel-derivatives price baseline by 2.2 to 3.1 per cent, while keeping the price per cylinder of household gas steady at JOD7.00.
    According to the new pricelist, the price...
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