Business Archive
  • »Zain Launches Dezain Platform to Support Jordanian Designers

    Tue 16 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— In effort to further support domestic business and entrepreneurial sectors in Jordan, Zain Jordan, a Zain Group telecommunications company, announced the launch of the a new designers support platform, Dezain Space, at the...
  • »Senate Passes General Budget Bill

    Mon 15 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The House of Appointed Senate ratified the 2018 General Budget Bill today, Monday, including all draft laws for the state budget and the budgets of independent government units.
    The Senate’s session today was...
  • »Euro Rises to Strongest Since 2014

    Sat 13 January / Jan 2018. 12:00 AM
    CAPITALS — The euro surged to a three-year high on signs that political risks in the euro area are fading and the European Central Bank may raise interest rates sooner than thought.
    The euro gained 0.9 per cent to USD1.2137, leading gains...
  • »Oil Dips from Levels Last Seen in Late 2014

    Sat 13 January / Jan 2018. 12:00 AM
    CAPITALS — Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day.
    Despite the dip, analysts said market fundamentals going into 2018 were strong due to ongoing production cuts led by the...
  • »Technical Difficulties “Beyond our Control” Caused Network Instability: ‘Zain’

    Sat 13 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— Cell-phone service provider Zain Jordan apologised in a press conference today, Saturday, for the interruptions in their cell-phone service, due to technical difficulties beyond the company’s control, according to...
  • »Treasury Issues JOD2.77bn Worth of Bonds in 2017

    Wed 10 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The overall value of treasury bonds and notes issued by the Central Bank of Jordan (CBJ) in open auction has declined by 52 per cent in 2017, to JOD2.77 billion, compared to JOD4.21 billion in 2016, according to the...
  • »Gov’t: De-Subsidised Bread Price Up to JOD0.32-0.40 per Kilo

    Mon 8 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The Minister of Industry, Trade and Supply, Eng Yaroub Qudah disclosed to AlGhad, during a press conference at the Ministry’s building in Amman, that the new prices of bread, after de-subsidisation, will range from...
  • »RJ Adds 7 Global Cities to Network via Codeshares with Turkish, Malaysia Airlines

    Mon 8 January / Jan 2018. 12:00 AM
    AMMAN — Royal Jordanian expanded its codeshare agreements with Turkish Airlines and Malaysia Airlines, giving its guests the option to travel to more destinations with competitive fares and more convenience.
    The expansion of the codeshare...
  • »Ambiguity Cloaks De-Subsidisation Support Criteria Undisclosed

    Sun 7 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The government has yet to disclose the criteria for direct cash support and compensation for the de-subsidisation of bread and tax-deducted and exempted commodities.
    Apparently, the government is following Henry...
  • »Gov’t to Raise Commodity Sales Tax by 10%

    Wed 3 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— An informed official source confirmed to AlGhad that the government is going to raise commodity sales taxes on a variety of manufactured goods and products.
    The tax hike will have a ceiling of 10 per cent, the source...
  • »Gov’t Fails to Meet Promised JOD100m Domestic Liabilities

    Mon 1 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— In a press statement today, Monday, Chairman of the Contractors Association Wael Touqan uncovered that the government has failed to meet its due financial liabilities, estimated at more than JOD100 million.
  • »Minister Parades JOD700m Worth of Water Projects in H2-2017

    Mon 1 January / Jan 2018. 12:00 AM
    AMMAN —AlGhad— The Minister of Water and Irrigation, Dr Hazem Nasser, stated to AlGhad today, Monday, that the water sector has made significant progress in 2017, with water projects worth more than JOD700 million in just the second half...
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