Business Archive
  • »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...
  • »JIEC: 829 Companies Invest JOD2.7b in H1-2017

    Sun 24 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— Total investments by 829 companies in the Jordan Industrial Estates Corporation (JIEC) over the first six months of the year, H1-2017, has reached JOD2.7 billion, according to Corporation Chairman, Dr Luai Suhweil.
  • »Gov’t to Borrow USD1b in Eurobonds Internationally

    Sun 24 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— The government intends to borrow USD1 billion from the global financial market to cover its financial requirement for the current year, 2017, by offering Eurobonds at USD500 million each, and a return interest rate of...
  • »Zarqa, QAIA Free Zone Exports Reach JOD950m in 5 Months

    Sat 23 September / Sep 2017. 11:00 PM
    AMMAN — The total value of exports from the Jordanian free zones at the Zarqa and the Queen Alia International Airport (QAIA) during the first five months of 2017 reached JOD950 million, official data said.
    According to a statement issued by...
  • »Demand on Fuel Declines 15-20%

    Sat 23 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— Data on the oil, fuels, and gas sector indicate a 15-20 per cent decline in the Kingdom’s overall demand for fuels and oil derivatives since the beginning of the year, 2017.
    Data by the Statistics Department show...
  • »Cosmetics Imports Up 11.3% to JOD49m in 5 Months of 2017

    Fri 22 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— The overall value of imported cosmetics has increased by 11.3 per cent, to JOD49 million, in the first five months of the year, 2017, compared to JOD44 million over the same duration last year, according to the figures of...
  • »USD308k-Grant by UNDP for 8 Entrepreneurial Projects in Jordan

    Wed 20 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— The UN Development Programme (UNDP) signed eight grant agreements worth around USD308 thousand to support eight Jordanian entrepreneurial environment projects, NGOs, and CSOs across the Kingdom.
    These grants are part of...
  • »‘Jet’ to Buy Amman-Zarqa Transportation Permits from Non-Corporate Operators

    Wed 20 September / Sep 2017. 11:00 PM
    AMMAN —AlGhad— Malik Haddad, director of the Jordan Express Tourist Transportation company, Jet, told AlGhad today, Thursday, that the company has allocated around JOD3 million for the purchase and acquisition of all Amman-Zarqa...
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