Business Last Week
  • »Bitcoin Exceeds USD16k, Up 50% in One Week

    Thu 7 December / Dec 2017. 12:00 AM
    CAPITALS — Bitcoin has breached the USD16 thousand mark, extending the digital currency's record-breaking surge.
    The cryptocurrency began the year below USD1,000 but continues to rise despite warnings of a dangerous bubble.
    According to...
  • »Crown Prince Underlines Need to Enhance Tourism Sector

    Thu 7 December / Dec 2017. 12:00 AM
    AMMAN — His Royal Highness Crown Prince Hussein Bin Abdullah, Thursday, highlighted the need to scale up the tourism sector and devise marketing plans, in a bid to invest in this crucial sector which constitutes a prime mover of the national...
  • »Demand Up 50% and 30% on House Gas, Kerosene

    Thu 7 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Demand on certain seasonal fuels increased by 30 to 50 per cent since the cold front settled in earlier this week, including demand on household gas, which has increased the most, by nearly 50 per cent, and kerosene which...
  • »Government Signs EUR225m-Loan with AFD, Kfw

    Wed 6 December / Dec 2017. 12:00 AM
    AMMAN — The Jordanian Government on Wednesday signed two financing agreements of concessional joint loan with the French Development Agency (AFD) worth 150 million euros and a similar agreement with the German Reconstruction Bank (KfW) worth...
  • »Donors Pledge USD857m for Refugees in 2018

    Wed 6 December / Dec 2017. 12:00 AM
    NEW YORK — Donor governments late Tuesday pledged an initial USD857 million to the United Nations High Commissioner for Refugees (UNHCR) to fund operations destined to help some 67 million displaced or stateless people worldwide in 2018.
    The...
  • »Public Debt to Increase in 2018 As Gov’t Expands Spending: JSF

    Mon 4 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The Jordan Strategy Forum (JSF) issued its Annual Budget Analysis Report a few days back, on the 2018 General Budget Bill, highlighting shifts in current economic and fiscal policies, meanwhile underlining the increase in...
  • »RJ Launches New Global Sales Promotion Campaign

    Sun 3 December / Dec 2017. 12:00 AM
    AMMAN — Royal Jordanian (RJ) on Sunday launched a new global sales campaign as a Christmas Season gift for its customers in this holiday season.
    This campaign aims to offer affordable fares, while enjoying the high-quality RJ products.
    The...
  • »Jordan, US Sign USD475m Grant Agreement

    Sun 3 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Planning and International Cooperation Minister Emad Fakhouri and USAID Director Jim Barnhart, signed a USD475 million development grant agreement earlier today, Sunday, as part of the US 2017 economic aid program to the...
  • »Confusion over Electricity Tariffs: It Goes Up, Regardless of Oil Prices

    Sun 3 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Following the recent price hike on fuel and oil derivatives, domestically, Energy and Minerals Regulatory Commission (EMRC) spokesperson, Tahrir Qaq, confirmed to AlGhad today, Sunday, that “electricity tariffs will...
  • »House Committee Divided on Bread Subsidies, Tax Exemptions

    Sun 3 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Sources within the House of Representatives have confirmed to AlGhad that the MPs are in confliction over the amendments to the subsidies and tax exemptions sections of the 2018 Budget Bill.
    Apparently, there is a...
  • »UAE Support USD220m-Renewable Energy Project in Jordan

    Sat 2 December / Dec 2017. 12:00 AM
    AMMAN — Ambassador of the United Arab Emirates (UAE) to Jordan Matar Shamsi announced that a USD220 million renewable energy project will be implemented in Jordan as part of the UAE support to the Kingdom in the renewable energy field.
    In a...
  • »Jordanian Delegations Starts Working Visits to Africa Sunday

    Sat 2 December / Dec 2017. 12:00 AM
    AMMAN — A Jordanian economic delegation will start on Sunday a working tour to a number of African countries to explore export opportunities for Jordanian industrial products, and promote Jordan as a business and investment destination.
    The...
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