Business Archive
  • »National Oil Bill Up 41% in January

    Thu 22 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The Kingdom’s national oil bill has increased by 41 per cent during the first month of the current year, 2018, compared to January 2017, according to a Department of Statistics report, issued yesterday, Wednesday....
  • »Additional USD30m Grant Pending WB Approval

    Thu 22 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Jordan has applied for an additional USD30 million grant from the World Bank (WB) to fund the ‘Municipality Services and Social Adaptation’ project, launched in 2013.
    The Bank had funded the project with...
  • »OECD: Jordanian Youth Politically Passive, Education Lacking

    Wed 21 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— A recent study by the Organisation for Economic Co-operation and Development (OECD) on Jordan concludes that Jordanian youth have access to education, however lacking in quality, but limited access to jobs, while generally...
  • »Monthly Excisions Not Substitute for Annual Income Statement: Gov’t

    Wed 21 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The Income and Sales Tax Department stated today, Wednesday, that the monthly excisions on salaries do not excuse the submission of annual income statements, should the annual income of individuals and households exceed...
  • »Zuckerberg Asked to Appear before British MPs on Cambridge Analytica Case

    Tue 20 March / Mar 2018. 01:00 AM
    CAPITALS — Facebook boss Mark Zuckerberg has been called on by a parliamentary committee to give evidence about the use of personal data by Cambridge Analytica.
    The UK-based political consulting firm is accused of using the data of 50 million...
  • »Jordan, Germany Sign Training Programme for Jordanians, Syrian Refugees

    Tue 20 March / Mar 2018. 01:00 AM
    AMMAN — Acting Director General of the Vocational Training Corporation (VTC), Omar Qutaishat, and a delegation of the German Federal Enterprise for International Cooperation Tuesday signed an agreement to train Jordanians and Syrian refugees....
  • »Gov’t, Jewellers Agree to Incorporate 16% Gold Tax in Stamp Fees

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The jewellers association and the Standards and Metrology Department, agreed to include the newly imposed 16 per cent sales tax on gold in the overall stamp fees, in addition to a JOD250 inspection fee per kilogramme for...
  • »Debt per Capita at JOD4.15k

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Debt per capita has increased by the end of January 2018 to JOD4,158, according to the Ministry of Finance, as the Kingdom’s overall public debt reached JOD27.443 billion, approximately 95.6 per cent of the Gross...
  • »Cash Subsidy Raises Budget Deficit to JOD43m

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN — The Ministry of Finance said on Monday that the budget posted a JOD42.7 million deficit after grants compared to savings of about JOD114.3 million for the same period of 2017.
    The ministry attributed the deficit to the disbursement of...
  • »Foreign Reserves Hit USD13.9b at End of February: CBJ

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN — The Central Bank of Jordan (CBJ) said Jordan's economy indicators are "positive" despite continued political turmoil, especially in Syria and Iraq, which had a negative impact on performance of key economic sectors.
    In its latest...
  • »National Debt at JOD27.4b in January

    Mon 19 March / Mar 2018. 01:00 AM
    AMMAN — The Kingdom's public debt by the end of January, 2018 was estimated at JOD27.443 billion, constituting 95.6 per cent of the gross domestic product (GDP) compared to JOD27.296 billion in the same period of 2017, the Finance Ministry...
  • »Farmers Suspend Protest as AP Promises to Retract Agriculture Tax

    Sun 18 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The month-long farmers protest was suspended today, Sunday, after the head of the farming and irrigation committee, AP Marwan Hmoud, promised to retract the newly imposed 10 per cent tax on agriculture, according to...
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