Business Archive
  • »Outbound Tourism during Eid Down Due to Economic Situation

    Sat 24 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Jordan’s Association of Travel and Tourism Agencies confirmed to AlGhad that outbound national tourism has dropped 40 per cent, in general, compared to last year’s figures from the same yearly duration....
  • »GDP Up 2.2% in Q1-2017

    Thu 22 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Gross Domestic Product (GDP) growth rate index has gone up 2.2 per cent of the first quarter of the year, Q1-2017, compared to Q1 last year, 2016, according to data by the Statistics Department.
    The overall of...
  • »Construction Labour during First Days of Fitr Eid Prohibited: Municipality

    Thu 22 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Greater Amman Municipality (GAM) announced that all construction labour during the first two days of the Fitr Eid holiday is strictly prohibited, under legal culpability.
    The Constructions Director, Eng Raed Haddadin,...
  • »IMF: Jordan Economy Performed Favourably Despite External Conditions

    Thu 22 June / Jun 2017. 12:00 AM
    AMMAN — The Executive Board of the International Monetary Fund (IMF) today completed the first review of Jordan’s economic performance under the Extended Arrangement under the Extended Fund Facility (EFF).
    The completion of the first...
  • »Currency Counterfeiting Limited, Dinar Hard to Replicate: Official

    Sun 18 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— According to official confirmations, counterfeiting Jordan’s Dinar currency is extremely difficult, and is therefore equally rare, in response to claims of there being forged JOD50 currency bills in circulation...
  • »Gold Drops JOD0.4 on the Gram, Domestically

    Sun 18 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Gold price offerings in the domestic marketplace have dropped on average a whole JOD0.4 on the gram over the duration of one week, as gold transactions stood at USD1,253 per ounce of gold, yesterday, Saturday, compared to...
  • »Annual Pensions at JOD1.29b

    Sun 18 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— Total annual pensions payable for civilian and military retirees and their legatees, including just over 332 thousand people, for 2017, stands at JOD1.29 billion, according to data by the Ministry of Finance.
    Monthly...
  • »Japanese Grant Worth USD22m to Support Water Projects in Jordan

    Sat 17 June / Jun 2017. 12:00 AM
    AMMAN —AlGhad— The Ministry of Water and Irrigation Saturday signed a USD22 million Japanese grant by the Japan International Cooperation Agency (JICA) agreement to carry out the second phase of a project to raise the water sector's...
  • »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...
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