Business Archive
  • »Jordan Falls to Lower Category of Middle-Income Countries

    Thu 10 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The World Bank (WB) group degraded Jordan to the lower category of the Middle-Income Countries classification, based on the most recent annual income per capita index, according to the WB’s global review in July,...
  • »Foreign Investors to be Granted Jordanian Passports, Partial Citizenship Status

    Thu 10 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— Going by the recommendations of the Investment Commission, the Cabinet has agreed to grant non-Jordanian investors, and their families, partial citizenship statuses, excluding National Identifiers (ID Numbers), to...
  • »‘Anti-Normalisation’ Committee Warns of Israeli Mango in Jordan

    Wed 9 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The ‘Homeland and Anti-Normalisation Committee’ of the Federation of Labour Associations warned today, Wednesday, against the consumption of Israeli mangos sold at local marketplaces in Jordan.
    Committee...
  • »Early Retirements Account for 58% of Pension Bill

    Wed 9 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Director of the Social Security Corporation (SSC), Nadia Rawabdeh, stated during a forum on the impact of early retirement on individuals and society, that early retirement accounts for nearly 58 per cent of the...
  • »Memo Signed for Issuance of Constructions Labour Permits for Syrians

    Tue 8 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Minister of Labour and the Federation of labour associations in Jordan signed a memo of understanding today, Tuesday, simplifying labour permit issuance in the construction sector for Syrian refugees, in collaboration...
  • »Minister Calls for Raising Income Tax, Warns Against Soaring Public Debt!

    Tue 8 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— Were it not for the reforms last year, Jordan would have ended up like Greece, said the Minister of Finance, Omar Malhas, stated yesterday, Monday, during a meet with the Parliamentary Economy and Investment Committee....
  • »Pension Bill Up 5% to JOD620m

    Tue 8 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The current expenses Pension Bill has increase by 5 per cent in the first 6 months of the year, H1-2017, roughly JOD29.7 million, from JOD590.8 million in H1-2016, to JOD620.5 million by the end of June, 2017.
    As...
  • »EU See UK Payments to Continue in 2020 despite Brexit

    Mon 7 August / Aug 2017. 12:00 AM
    LONDON — Britain will have to keep making payments for long-term programmes to the European Union until at least 2020, even after it leaves the bloc in 2019, EU Budget Commission Guenther Oettinger told Germany's Bild newspaper.
    Oettinger...
  • »Tax Revenues Down 2.6% in H1-2017

    Mon 7 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Treasury’s revenue from taxation in the first bi-annual budget for the first 6 months of the year, H1-2017, has declined by JOD53 million, compared to public revenues for the same duration in H1-2016,...
  • »Debt to Income per Capita Rate in Jordan at 69%

    Mon 7 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Central Bank of Jordan (CBJ)’s 2016 report on financial stability and performance confirms that the credit facilitation mechanisms have significantly improved throughout the year 2015, whereas the Debt to Income...
  • »Jordan Demands UN Meet to Follow Up on Donor Commitment

    Sun 6 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— The Minister of Planning and International Cooperation, Eng Emad Fakhouri, stated that Jordan is working on holding a convention, presided by the European Union, at the UN General Assembly in New York, US, next month, to...
  • »Iraq Cancels Basra-Aqaba Gas Pipeline, Oil Pipeline Project to Continue

    Sun 6 August / Aug 2017. 12:00 AM
    AMMAN —AlGhad— Director of the Oil Department, with the Ministry of Energy and Mineral Resources, Eng Ashraf Rawashdeh, stated to AlGhad that Iraq has decided to cancel the gas pipeline project, which was supposed to run adjacent to the...
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