Business Archive
  • »Growth Up Slightly, Fails Expected Estimates

    Sat 1 July / Jul 2017. 12:00 AM
    AMMAN —AlGhad— Economists and experts agree that the growth rate index attained during the first quarter of the year, Q1-2017, at 2.2 per cent, has failed expected estimates and remains fairly below the required threshold for economic...
  • »Jordan Receives Soft Loan, Grant at USD52.8m from WB

    Thu 29 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— During the Minister of Planning and International Cooperation Emad Fakhouri’s visit to Washington, he signed two agreements totalling at with the World Bank and Japan Social Development Fund (JSDF) to support the...
  • »Fuel Likely to Drop Prices in July

    Sun 25 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Informed sources estimate that fuel and oil derivative prices are likely to drop significantly towards the end of June, beginning of July, due to the continuous drop in oil prices worldwide throughout the current month....
  • »Over 200 Innovative Start-Ups to Benefit from WB’s USD50m Investment

    Sat 24 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The World Bank (WB) announced a new project, Saturday, to support entrepreneurship and start-ups in Jordan, via an Early Stage SMEs Financing platform, at USD50 million, aimed to fund the establishment of over 200...
  • »Outbound Tourism during Eid Down Due to Economic Situation

    Sat 24 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Jordan’s Association of Travel and Tourism Agencies confirmed to AlGhad that outbound national tourism has dropped 40 per cent, in general, compared to last year’s figures from the same yearly duration....
  • »GDP Up 2.2% in Q1-2017

    Thu 22 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Gross Domestic Product (GDP) growth rate index has gone up 2.2 per cent of the first quarter of the year, Q1-2017, compared to Q1 last year, 2016, according to data by the Statistics Department.
    The overall of...
  • »Construction Labour during First Days of Fitr Eid Prohibited: Municipality

    Thu 22 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Greater Amman Municipality (GAM) announced that all construction labour during the first two days of the Fitr Eid holiday is strictly prohibited, under legal culpability.
    The Constructions Director, Eng Raed Haddadin,...
  • »IMF: Jordan Economy Performed Favourably Despite External Conditions

    Thu 22 June / Jun 2017. 12:00 AM
    AMMAN — The Executive Board of the International Monetary Fund (IMF) today completed the first review of Jordan’s economic performance under the Extended Arrangement under the Extended Fund Facility (EFF).
    The completion of the first...
  • »Currency Counterfeiting Limited, Dinar Hard to Replicate: Official

    Sun 18 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— According to official confirmations, counterfeiting Jordan’s Dinar currency is extremely difficult, and is therefore equally rare, in response to claims of there being forged JOD50 currency bills in circulation...
  • »Gold Drops JOD0.4 on the Gram, Domestically

    Sun 18 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Gold price offerings in the domestic marketplace have dropped on average a whole JOD0.4 on the gram over the duration of one week, as gold transactions stood at USD1,253 per ounce of gold, yesterday, Saturday, compared to...
  • »Annual Pensions at JOD1.29b

    Sun 18 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Total annual pensions payable for civilian and military retirees and their legatees, including just over 332 thousand people, for 2017, stands at JOD1.29 billion, according to data by the Ministry of Finance.
  • »Japanese Grant Worth USD22m to Support Water Projects in Jordan

    Sat 17 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Ministry of Water and Irrigation Saturday signed a USD22 million Japanese grant by the Japan International Cooperation Agency (JICA) agreement to carry out the second phase of a project to raise the water sector's...
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