Business Archive
  • »Gov’t to Explore Jordan-Kenya Free Trade Zone

    Mon 26 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— State Minister for Investment Affairs Muhannad Shehadeh uncovered to AlGhad today, Monday, that the government is currently looking into the possibilities of establishing a Jordanian-Kenyan free trade zone, to encourage...
  • »Expatriate Remittances Hit USD577m until February

    Mon 26 March / Mar 2018. 01:00 AM
    AMMAN — Remittances of Jordanian expatriates rose by USD17 million or 3 per cent until February this year, standing at USD577.2 million, compared with the same period of 2017 when the transfers stood at USD560.4 million, the Central Bank of...
  • »Deputy PM: Fiscal Reforms Programme Indispensable

    Sun 25 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Deputy Prime Minister and State Minister for Economic Affairs Dr Jafar Hassan stated today, Sunday, that the fiscal reforms programme, with the International Monetary Fund (IMF), is indispensable, while the economic...
  • »Gov’t: JOD50k Penalty on Monopoly of Oil Derivatives and Fuels

    Sun 25 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— According to the new Oil Derivatives and Fuels Law, effective within the next two months, any monopolisation of the oil derivatives and fuels market will result in a JOD2,000 to JOD50,000 fine payable by monopolisers as...
  • »RJ Offers 25% Discount on Sunday Flights to 6 Int’l Destinations

    Sun 25 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The Royal Jordanian Airlines (RJ) launched a new promotion programme starting today, Sunday, entailing a 25 per cent discount on all RJ flights to six international destinations, every Sunday, March 25, 2018 through May...
  • »Gov’t to Pin Fuel Prices through April, Sources Predict

    Sun 25 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Experts anticipate the government to pin fuel and oil derivative prices through April, 2018, at their current prices, despite the recent increase in global oil prices.
    At most, should there be a price hike in April,...
  • »Jordan Maintains Credit Rating at (B+): S&P

    Sun 25 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Standard & Poor's (S&P) reaffirmed its B+ credit rating to Jordan, based on the government’s success in holding the country’s national debt levels at their 2016 levels, despite the economic slowdown, in...
  • »Ryanair’s First Amman-Paphos Route to Launch Tuesday

    Sun 25 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Ryanair’s first flight to Amman, from Paphos, Cyprus, will arrive at the Queen Alia International Airport (QAIA) on Tuesday, launching the first of several new flight routes, under the recently signed agreement...
  • »Gov’t Explores Possible Public-Private Partnership Models

    Sun 25 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The Secretary General of the Ministry of Information and Communication Technology Eng Nader Thuneibat stated yesterday, Saturday, that the government is currently looking into possible Public-Private Partnership (PPP)...
  • »National Oil Bill Up 41% in January

    Thu 22 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The Kingdom’s national oil bill has increased by 41 per cent during the first month of the current year, 2018, compared to January 2017, according to a Department of Statistics report, issued yesterday, Wednesday....
  • »Additional USD30m Grant Pending WB Approval

    Thu 22 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Jordan has applied for an additional USD30 million grant from the World Bank (WB) to fund the ‘Municipality Services and Social Adaptation’ project, launched in 2013.
    The Bank had funded the project with...
  • »OECD: Jordanian Youth Politically Passive, Education Lacking

    Wed 21 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— A recent study by the Organisation for Economic Co-operation and Development (OECD) on Jordan concludes that Jordanian youth have access to education, however lacking in quality, but limited access to jobs, while generally...
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