Business Archive
  • »Interest Rates Up 0.25%, Effective Sunday, June 18th

    Thu 15 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The respective Central Bank of Jordan (CBJ) committee on open market operations has decided to increase interest rates on fiscal and monetary instruments by 0.25 per cent, effective next Sunday, 18th of June, 2017....
  • »The Corporate Winners and Losers of the Qatari Standoff

    Wed 14 June / Jun 2017. 12:00 AM
    With Qatar increasingly isolated from its Gulf neighbours in an escalating geopolitical crisis, the economic and financial implications are starting to emerge.
    The country — which has been accused of supporting Islamist...
  • »US Supports Health Services with USD50m for Impoverished Jordanians, Syrian Refugees

    Wed 14 June / Jun 2017. 12:00 AM
    AMMAN — The World Bank Group has committed USD50 million to support the Government of Jordan in maintaining the delivery of primary and secondary health services to poor uninsured Jordanians and Syrian refugees.
    The assistance approved by the...
  • »US Congress Approves USD1.3b Aid to Jordan

    Wed 14 June / Jun 2017. 12:00 AM
    AMMAN — The US basic aid to Jordan in 2017 was endorsed by Congress in May, at USD1.3 billion under the year’s budget.
    The Ministry of Planning and International Cooperation said in a statement on Wednesday that the aid comes in...
  • »Amman Chamber of Industry Exports Drop 9% in 5 Months

    Wed 14 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Exports from the Amman Chamber of Industry (ACI) declined by 9per cent in the first five months of 2017, compared to the same period of 2016.
    According to statistic, the chamber's exports in the first five months of this...
  • »King Chairs Meeting on Investment and Economic Stimulation Plan

    Wed 14 June / Jun 2017. 12:00 AM
    AMMAN — His Majesty king Abdullah II on Wednesday, chaired a meeting to discuss the government’s action plan to encourage investment and develop the business environment.
    During the meeting, which was held at the Husseiniya Palace and...
  • »Two Doctors Attacked by Patient's Relatives

    Tue 13 June / Jun 2017. 12:00 AM
    AMMAN — Two doctors at the surgical ward at the Bashir Government Hospital were admitted for treatment on Tuesday after being assaulted by relatives of a female patient, and were listed in a fair condition.
    Hisham Fityani, an official at the...
  • »Natural Gas Imports Up 12% in 5 Months

    Tue 13 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The quantities imported natural gas over the first five months of 12 per cent, compared to the first five months in 2016.
    The Director of the National Electric Power Company, Eng Abdul Fattah Daradkeh, said that the Aqaba...
  • »Gov’t Allocates JOD430m to Digitisation Project

    Tue 13 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The government’s 2018-2022 Economic Stimulation Plan, ratified by the Cabinet last month, allocates up to JOD430 million to the implementation of automation and digitisation projects.
    The projects include...
  • »Jordanians Want to Work, Problem is Salaries: ILO Report

    Tue 13 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— A recent report by the International Labour Organisation (ILO) confirmed that the Jordanian workforce is open to working in all sectors and jobs, provided decent working conditions, and feasible salaries, contrary to the...
  • »Foreign Aid to Jordan Drops 61.1%

    Mon 12 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Foreign aid to Jordan, during the first quarter of the current year, Q1-2017, has dropped by 61.1 per cent, compared to Q1-2016, from JOD130 million to JOD50 million by the end of March.
    Meanwhile, the 2017 Budget Bill...
  • »Poverty Drives Up Child Labour in Jordan to 79,000 Children, Many in Hazardous Fields

    Mon 12 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— As poverty rates hike in Jordan, child labour has been on the rise, according to the figures by the International Labour Organisation (ILO), to over 79 thousand labouring children, compared to 44 thousand in 2007.
    Experts...
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