Business Archive
  • »JICA Transfers 2nd Instalment of Soft Loan Worth USD170m

    Sat 30 December / Dec 2017. 12:00 AM
    AMMAN — Japan has transferred a USD170 million in soft loan to Jordan as a direct support to the general budget, a Planning and International Cooperation Ministry's statement said on Saturday.
    The loan, extended through the Japan...
  • »Telecom Sector Revenues Up by 3.6%

    Sat 30 December / Dec 2017. 12:00 AM
    AMMAN — Local ICT sector revenues have risen to USD2.1 billion, posting a growth rate of 3.6 per cent, according to a survey.
    According to the survey, conducted by the ICT Association of Jordan- Int@j, in partnership with the Ministry of...
  • »Trade Deficit Rise 11% in 10 Months

    Thu 28 December / Dec 2017. 12:00 AM
    AMMAN — Trade deficit in the first 10 months of this year rose by 11 percent compared to the same period of last year, according to figures of Department of Statistics.
    The difference between the value of exports and imports in the same...
  • »No Deficit in GAM Budget 2018, 600 New Jobs Listed

    Thu 28 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The Greater Amman Management (GAM) Board of Directors passed the 2018 Budget Bill of JOD498 million with no deficit and 597 job vacancies listed.
    The Municipality’s budget include JOD278 million allocated to capital...
  • »WB Says Jordan Water, Energy Reforms “Satisfactory”

    Tue 26 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— In a report on developmental progress in Jordan, the World Bank (WB) said that the recent reforms in the water and energy sectors, domestically, are “satisfactory”, both in terms of progress and general...
  • »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...
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