Business Archive
  • »Rise in Global Price Range of Oil Reflect Negatively on Jordan

    Mon 13 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Experts warn that the rise in the global price range of oil may reflect negatively on its oil and fuel prices domestically, as some call for the government to pre-emptively stock up ahead of the anticipated oil hikes.
  • »New Factory in Jerash Uncovered to Employ Over 400 Jordanians

    Mon 13 November / Nov 2017. 12:00 AM
    JERASH —AlGhad—The State Minister for Investment Affairs, Muhannad Shihada announced today, Monday, that the Council of Ministers has ratified the establishment of a new factory in Souf, Jerash, estimated to provide some 400 employees...
  • »Gov’t Approves Licence for Research Reactor

    Mon 13 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The Energy and Mineral Resources Regulatory Commission (EMRC) just issued a licence for the Jordanian research nuclear reactor at the Jordan University for Science and Technology, with a power capacity of five megawatts....
  • »Germany Grants EUR10m to Establish Schools in Jordan

    Sun 12 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Planning and International Cooperation Minister Emad Fakhouri and Member of the Executive Council of the German Development Bank (KfW) Joachim Nagel on Sunday signed an additional grant agreement worth EUR10 million to...
  • »Aqaba Receives 1,700 European Tourists on Board “Crystal Cruise”

    Sat 11 November / Nov 2017. 12:00 AM
    AQABA —AlGhad— A European cruise ship, Crystal Cruise, just harboured in Aqaba with some 1,700 European tourists on board, according to the spokesperson of the Aqaba Special Economic Zone Authority (ASEZA), Dr Abdul Hadi Qatamin.
  • »Gov’t Allocates JOD160m to National Protection Programme

    Thu 9 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Official sources have uncovered to AlGhad that the government has allocated an annual JOD120-160 million to direct bread and tax subsidies under the “National Protection Programme” section of the 2018 General...
  • »Gov’t Reviews Study on Upping Sales Tax on Manufactured Goods

    Thu 9 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The Minister of Industry, Eng Yaroub Qudah confirmed to AlGhad that the government is looking into a study conducted by the Ministry of Finance on raising sales tax on manufactured and processed goods.
    He reaffirmed to...
  • »Power Theft Defendant Fined JOD3.9m

    Thu 9 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The National Electric Power Company (NEPCO) issued a JOD1.2 million-fine against the defendant in Jordan’s biggest power theft case, according to an informed source who spoke in anonymity.
    The source confirmed that...
  • »Twitter Doubles Character Limit to 280

    Wed 8 November / Nov 2017. 12:00 AM
    WASHINGTON — Twitter company on Tuesday said users can send tweets with as many as 280 characters per tweet, which is double the previous limit, in an attempt by the social media company to revive anaemic user growth.
    Twitter explained the...
  • »Shipping Sector Losses Up by JOD30m since Qatar Blockade

    Wed 8 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The chairman of the Jordanian truckers association Mohammad Dawood uncovered to AlGhad that the land shipping sector has lost an additional JOD30 million since the Qatar blockade, on top of the losses incurred in these...
  • »German Ups Jordan Grants, Support to EUR577m for 2017

    Wed 8 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Negotiations between the governments of Jordan and German on Developmental Cooperation in 2017 has resulted in the allocation of an additional EUR275.17 million in grants and loans this year, on top of the annual German...
  • »Economic Growth in Jordan Expected at 2.3% in 2017: EBRD

    Tue 7 November / Nov 2017. 12:00 AM
    AMMAN — The European Bank for Reconstruction and Development (EBRD) said economic growth in Jordan is expected to remain at 2.3 per cent in 2017 and reach around 2.5 per cent in 2018.
    In its 2017 economic growth forecasts issued Tuesday, the...
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