Business Archive
  • »Overall Foreign Currency Deposits Up 9%

    Sat 3 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The banking sector’s overall deposits in foreign currencies has increased by 9 per cent in 2017, from an equivalent of JOD6.932 billion in 2016 to JOD7.555 billion, according to the Central Bank of Jordan...
  • »Inbound Tourism Up 10% in January

    Thu 1 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Inbound tourism in January 2018 has increased by 10 per cent, compared to January 2017, according to Tourism Minister Lina Annab, who stated to AlGhad that around JOD450 thousand foreigners have visited the country.
  • »Demand on Popular Restaurants Drops: Restaurants Owners Association

    Thu 1 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Chairman of the General Association for Restaurants and Sweet Shops Owners Omar Awwad told AlGhad today, Thursday, that the overall demand on popular restaurants has dropped by no less than 50 per cent after the recent...
  • »Gov’t: Power Prices Up, Fuel Prices Down 0.6-1.5%

    Thu 1 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The government, Wednesday night, decided to increase power tariffs by JOD0.002 on the kilowatt and lower fuel prices by 0.6 to 1.5 per cent on the litre of Diesel and Octane fuels, as of today, Thursday, March 1st, 2018....
  • »Jordanian-Indian Business Forum Kicks Off Wednesday

    Tue 27 February / Feb 2018. 01:00 AM
    NEW DELHI — A Jordanian-Indian Business Forum will kick off Wednesday in New Delhi during His Majesty King Abdullah II's state visit to India in a bid to push two-way trade and establish potential partnerships between the two countries.
  • »Public Debt at JOD27.2b in 2017

    Tue 27 February / Feb 2018. 01:00 AM
    AMMAN —AlGhad— The Ministry of Finance stated today, Wednesday, that the overall public debt by the end of 2017 stood at around JOD27.27 billion, comprising around 95.3 per cent of the Kingdom’s GDP, according to the...
  • »QAIA Sees Highest Flow of Travellers in 35 Years in January

    Mon 26 February / Feb 2018. 01:00 AM
    AMMAN —AlGhad— The Queen Alia International Airport (QAIA), Jordan’s main airport, received more than 620 thousand travellers during the month of January 2018, the highest QAIA has seen in any one month over the last 35 years.
  • »Trade Deficit Rises by 9.9% in 2017

    Sun 25 February / Feb 2018. 01:00 AM
    AMMAN — Jordan's trade deficit increased by 9.9 percent in 2017 driven by a 3.5 per cent decline in the total exports' coverage of imports, according to official figures released Sunday.
    The data, by the Department of Statistics, indicated...
  • »Jordan Falls Short on First Development Policy Loan Objectives: WB

    Sun 25 February / Feb 2018. 01:00 AM
    AMMAN —AlGhad— A recent World Bank (WB) report, published last Wednesday, indicates that Jordan has fallen short on the objectives of the First Programmatic Development Policy Loan Programme, signed in 2012.
    The World Bank ranked the...
  • »Gov’t Borrowing Drains Private Sector’s Share of Credit Facilities: JSF

    Sun 25 February / Feb 2018. 01:00 AM
    AMMAN —AlGhad— A study by the Jordan Strategy Forum (JSF), on how the government’s continued borrowing affects the private sector’s access to financing and loans, shows that increased domestic borrowing does, in fact, limit...
  • »JOD185m the Volume of Investments Benefiting from IT Sector Support

    Sat 24 February / Feb 2018. 01:00 AM
    AMMAN — The total number of projects benefiting from the exemptions, tax incentives and customs facilities offered by the Jordan Investment Commission (JIC) to investors in the IT sector by the end of 2017 reached 246 projects with a total...
  • »Real Estate Sectoral Profits Drop 60% in 2017

    Sat 24 February / Feb 2018. 01:00 AM
    AMMAN —AlGhad— The combined profits of 32 real estate companies have declined by 60 per cent in 2017, from JOD19.99 million in 2016, to JOD7.989 million, according to financial investments company ‘Sanabel Al Khair’.
    Out of...
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