Business Archive
  • »Inbound European Tourism Up 12%

    Wed 11 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Inbound European tourism, according to data by the Ministry of Tourism, has increased by 12 per cent over the nine months since the beginning of the year, compared to the same duration in 2016, from 327.1 thousand tourists...
  • »Situation in Kurdistan-Iraq Threatens Basra-Aqaba Pipeline project

    Wed 11 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— An informed source, who spoke to AlGhad in anonymity, expressed their fear of the outcomes and proceedings of the referendum in the Iraqi Kurdistan province, that it will affect the implementation of the Basra-Aqaba oil...
  • »‘JSF’ Estimates Allocations for Scientific Research at USD260m

    Tue 10 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— A recent Jordan Strategies Forum (JSF)’s report estimated total allocations for scientific research and development at 0.43 per cent of total GDP, approximately USD260 million.
    The report concluded that Jordan is...
  • »CBJ: 90% of Companies Can Take Financial Shock, Real Estate Most Affected by Interest Hikes

    Tue 10 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Analysis of the corporate and business sector records at the Central Bank of Jordan (CBJ) indicates that 90 per cent of the sector can actually withstand shocks caused by increase in interest rates or declined...
  • »Energy Fund: Solar Panel System to Power up 1,600 Households by 2018

    Mon 9 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad—The Executive Director of the Renewable Energy Fund, Dr Rasmi Hamzah, told AlGhad that nearly 1,600 households will be powered up by solar panel systems come 2018.
    According to Dr Hamzah, the Fund will carry 30 per cent of...
  • »Syrian Refugee Crisis Cost Jordan USD10.3b Since 2011

    Mon 9 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— The Ministry of Foreign Affairs said today, Tuesday, that the overall cost of Syrian refuge in Jordan, since 2011, has exceeded JOD10 billion, at an estimated annual cost of JOD1.7 billion, based on the 2017 estimate....
  • »Study Shows IMF Programme Did Not Achieve Goals

    Sun 8 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— A study by the Jordan University’s Strategic Studies Centre (SSC) concludes that the International Monetary Fund (IMF)’s programmes in Jordan have not attained expected goals, nor do they entail...
  • »Loans to Agricultural Sector Reach JOD44m in 2017

    Sat 7 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Credit facilitated to the agricultural sector in 2017 has reached around JOD44 million, according to a statement by the Director of the Agricultural Credit Corporation (ACC), Mohammad Hiyari, to AlGhad today, Sunday,...
  • »National Debt Rises JOD500m in August to JOD27b

    Sat 7 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Overall national debt has increased by nearly JOD500 million in August, 2017, to around JOD27.02 billion, up from JOD26.55 billion in July, according to the monthly bulletin of the Ministry of Finance.
    Earlier today,...
  • »Global Citizenship Forum to Convene in Montenegro this Month

    Fri 6 October / Oct 2017. 11:00 PM
    CAPITALS —AlGhad— Around 400 business leaders, prime ministers, entrepreneurs, celebrities and global thinkers will take part a two- day event forum later this month in Montenegro to discuss the challenges facing the world and finding...
  • »Hikes in Fuel Prices Drive Demand on Hybrid Vehicles Up 21%

    Fri 6 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Demand on hybrid vehicles domestically has increased by 21.2 per cent in 2017’s first nine months, compared to the same duration last year, according to the statistics by The Jordanian Free Zones Investors...
  • »CBJ Foreign Reserves at USD13b in July

    Wed 4 October / Oct 2017. 11:00 PM
    AMMAN — The Central Bank of Jordan's (CBJ) foreign reserves stood at USD12.982 billion at the end of July this year sufficient to cover the Kingdom's imports of commodities and services for 7.3 months, according to the monthly bulletin of the...
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