Business Archive
  • »Debt-to-Income Per Capita at 70%, as CBJ Warns of Rise in Retail Credit Facilities

    Sun 1 October / Oct 2017. 11:00 PM
    AMMAN —AlGhad— Finally, the Central Bank of Jordan (CBJ) announced that the overall rate of Debt-to-Income per capita has reached 70 per cent last year, in 2016, according to the CBJ’s 2016 Financial Stability Report.
    Credit...
  • »Jordan’s First Industrial Exports to Iraq Cross ‘Tureibil’ Monday

    Sat 30 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad—The first of Jordan’s industrial exports to Iraq are expected to make it through the Trureibil border crossing tomorrow Monday, according to the head of the Iraq exportation follow up committee, Hasan Smadi.
    Mr Smadi...
  • »Gold Dips as World Prices Decline, US Dollar Up

    Sat 30 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— The price per ounce of gold dipped to USD1,275, worldwide, from USD1,355 earlier in September, according to the Secretary General of the Jewellers Association, Ribhi Elayan.
    Prices per gram of 24k, 21k, 18k gold have...
  • »‘GAM’ Tenders 2 Rapid Bus Projects for JOD25m in Days

    Fri 29 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— The Greater Amman Municipality (GAM) announced the tender of two phases of the Rapid Bus project in Suweileh and the Medina Circle areas, at a total cost of JOD25 million, based on the finalised specs outlined by the...
  • »Fuel Prices Up 5% in October

    Fri 29 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— The government decided to raise fuel and oil derivative prices by up to 5 per cent, with exception of Household Gas tubes, effective Sunday, October 1st, 2017.
    The Ministry of Energy and Mineral Resources’ decision...
  • »RJ Suspends Suleimaniah, Erbil Flights Starting Friday

    Wed 27 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— Starting 6PM Friday, the Royal Jordanian airlines said in a statement last night, Wednesday, flights to and back from Suleimaniah and Erbil, in the Kurdistan-Iraqi province, north of Iraq, will be suspended until further...
  • »Jordanian Engineer Named Energy Innovator of 2017

    Wed 27 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— The Association of Energy Engineers (AEE) has named 28-year old Jordanian engineer, Maher Maymoun, the Energy Innovator of the Year, for his invention of a self-cleaning, slated vibratory surface for solar panels to remove...
  • »Middle Class in Jordan Shrinks to 27.8% from 41.1% in 2008

    Tue 26 September / Sep 2017. 11:00 PM
    A comparative report, conducted by Journalist Samah Beibars, indicates that the middle and fixed income classes in Jordan have eroded to 27.8 and 29.9 per cent, respectively, based on the 2013/14 census, which also shows poverty at 23.2 per cent.
  • »Taxis Protest Smart-App Carpooling Service; Uber and Careem, Again

    Tue 26 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— Dozens of taxi drivers held another demonstration today, Wednesday, in front of the Ministry of Transportation, protesting the “temporary” permits issued for smartphone-based carpooling services, Uber and...
  • »Start-up Company in Jordan Attracts USD650k Investment

    Mon 25 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— One year into the launch of entrepreneurial company POSRocket in Jordan, the company was able to attract an initial bundle of investments by domestic and regional investors worth a total of USD650 thousand.
    POSRocket is a...
  • »Some 4,000 Truckers Cannot Afford to Renew Permits Due to Financial Hurdles

    Mon 25 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— Due to the border lockdown with Iraq and Syria, which has put the land shipping sector in a stall for nearly two years, some 4,000 truckers are now unable to renew their freight transportation permits, says Mohammad...
  • »Brussels II Conference in Spring of 2018: Minister

    Mon 25 September / Sep 2017. 06:07 PM
    DEAD SEA — Minister of Planning and International Cooperation, Emad Fakhouri, announced an agreement with donor countries to hold the Brussels II Conference in the spring of 2018 to ensure continued efforts to mobilize funding to support host...
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