Business Archive
  • »EU Looks into Jordanian Request for Flexible ‘Rules of Origin’ Regulations for Exports to Eurozone

    Thu 15 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The European Union’s delegation to Amman has uncovered to AlGhad that the authorities in the Eurozone are currently looking into a Jordanian request for flexibility in regards to the ‘Rules of Origin’...
  • »New Oil Derivatives Law Comes into Effect

    Thu 15 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The new oil derivatives law has official come into effect as of yesterday, Wednesday, following its formal newspaper announcement, giving the Ministry of Energy and Mineral Resources the authority to plan and manage the...
  • »Hikma Pharmaceutical Co Revenues Reach USD1.9b in 2017

    Wed 14 March / Mar 2018. 01:00 AM
    AMMAN — Hikma Pharmaceuticals PLC, a multinational generic pharmaceutical company, Tuesday said in a statement its revenues reached USD 1,936 million in 2017, down by 1%, and up by 1% in constant currency. Despite challenging market conditions...
  • »Only 3 Companies Benefiting from Simplified EU Rule of Origin Agreement

    Mon 12 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Only three Jordanian companies have made use of the Simplified Rule of Origin agreement with the European Union (EU) since it was signed in July 2016.
    Combined, the three companies export no more than EUR1.947 million...
  • »Consumer Price Index Up 3.3% in 2018

    Sun 11 March / Mar 2018. 01:00 AM
    AMMAN — The Consumer Price Index (CPI) rose during the first two months of this year by 3.3 per cent compared to the same period last year, according to the Department of Statistics (DoS).
    The figure was the outcome of an increase in the...
  • »Jordan Spent JOD42m on Scientific Research in 10 Years

    Sun 11 March / Mar 2018. 01:00 AM
    AMMAN — The Scientific Research Support Fund Sunday said it spent around JD42 million on research projects over the last ten years.
    The institution's Director General Abeer Bawab told Petra that work is underway to register 4 patents, noting...
  • »Special Tax Weighs on Gold Market

    Sun 11 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The domestic gold market is looking forward to the government’s decision to retract the special tax on gold, particularly, which taxes raw gold just as much as it taxes processed gold, which is 5 per cent.
    Ribhi...
  • »Gov’t Denies Thousands of GAM Day Labourers Employment

    Sat 10 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The government issued directives today, Saturday, denying more than ten thousand day labourers at the Greater Amman Municipality (GAM) the chance of steady-pay employment, after Prime Minister Dr Hani Mulqi sanctioned the...
  • »Technology: 5G Internet in Jordan 7 Years from Now

    Sat 10 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— Chairman of the Telecommunications Regulatory Commission (TRC) Dr Ghazi Jbour uncovered to AlGhad that the 5th Generation Mobile Network technology will arrive in Jordan in about seven years from now.
    5G Internet is...
  • »Treasury Bonds Down 24% in 10 Months of 2017

    Thu 8 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The overall value of Treasury bonds issued by the Central Bank of Jordan (CBJ) has declined by JOD375 million since the beginning of 2018, approximately 37.5 per cent, compared to the same duration in 2017, according to...
  • »China's July Forex Reserves Fall to USD3.20t

    Wed 7 March / Mar 2018. 01:00 AM
    BEIJING — China’s foreign exchange reserves fell to USD3.20 trillion in July, central bank data showed on Sunday, in line with analyst expectations.
    Economists polled by Reuters had predicted reserves would fall to USD3.20 trillion from...
  • »Gov’t to Expand ‘Samra’ Water Purification Facility at USD200m

    Tue 6 March / Mar 2018. 01:00 AM
    AMMAN —AlGhad— The Minister of Water and Irrigation Ali Ghzawi uncovered during his visit to the ‘Khirbet Samra’ water purification facility yesterday, Monday, that the Ministry is looking to expand the facility’s daily...
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