Business Archive
  • »Iraqi ‘Rafidain’ Bank Reopens Branch in Amman

    Sat 18 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Iraqi bank, Rafidain, is launching a new branch in Amman, located in the Sufeifieh commercial area according to a statement bank the bank’s administration today, Saturday.
    The Bank, according to its administration,...
  • »Deal with US Company to Build Airport, Logistics Facility in Mafraq

    Sat 18 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— The Minister of Industry, Trade and Supply, Eng Yaroub Qudah, uncovered today, Saturday, during the Silk Road 3 Conference in Amman, that a deal was recently signed with a major US company to construct an airport and...
  • »Free Zone Exports Up 3% in October

    Thu 16 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— Free trade zone exports increased by JOD8.9 million, approximately 3 per cent, in October 2017, to JOD342.6 million, compared to October 2016, according to a statement by the Jordan Free and Development Zones Group (ZFZ)...
  • »US Dollar Up, Oil Slips as US Supplies Undermine OPEC Cuts

    Thu 16 November / Nov 2017. 12:00 AM
    CAPITALS —AlGhad— The US dollar steadied out against a basket of major currencies on Thursday after rebounding from a more than three-week low, as oil prices edge lower due to rising US production and inventories, threatening to...
  • »The Netherlands Brace for 'No Deal' on Brexit

    Thu 16 November / Nov 2017. 12:00 AM
    CAPITALS — The Netherlands could be one of the hardest-hit EU countries if the UK leaves the bloc without an agreement. The Dutch government is expected to unveil plans this week in preparation for a hard Brexit.
    The port of Rotterdam is just...
  • »JAEC Considers Building Two Small Integrated Nuclear Reactors

    Tue 14 November / Nov 2017. 12:00 AM
    AMMAN — Jordan is conducting a feasibility study to establish of two Small Modular Reactors (SMRs) in Jordan for the production of electricity and water desalination, Vice Chairman of Jordan Atomic Energy Commission (JAEC), Kamal Araj in...
  • »Jordanian Households to Receive JOD149.7 Annually in Direct Bread Subsidies

    Tue 14 November / Nov 2017. 12:00 AM
    AMMAN —AlGhad— As the government is looking into suspending bread subsidies and raise sales taxes on manufactured foodstuff, substitute direct cash subsidies for Jordanian households are estimated at an average of JOD149.7 annually, if...
  • »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.
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