Business Last Week
  • »Walt Disney Buys Murdoch's Fox for USD52.4bn

    Thu 14 December / Dec 2017. 12:00 AM
    CAPITALS — Walt Disney has agreed to buy 21st Century Fox's entertainment assets for a total USD52.4 billion (GBP39 billion).
    The deal includes Fox's 39 per cent stake in satellite broadcaster Sky, and the 20th Century Fox film studio, Disney...
  • »Central Bank Ups Interest 0.25pts

    Thu 14 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The open market operations committee with the Central Bank of Jordan (CBJ) decided to increase interest rates by 0.25 points (0.25 per cent), as of Sunday, December 17th, 2017.
    In a statement today, Thursday, the Central...
  • »Outbound Tourism Up 8%

    Thu 14 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Domestic spending on overseas and outbound travel and tourism has increased by 8 per cent in the first nine months of the year, 2017, according to the Central Bank of Jordan (CBJ), from JOD726 million in September 2016 to...
  • »Inflation Up 3.3% in 11 Months

    Thu 14 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The average consumer price index (inflation rate) has increased by 3.3 per cent during the first 11 months of the year, 2017, compared to 0.9 per cent for the same duration in 2016.
    According to the figures by the...
  • »Land Shipping Sector Losses Up to JOD690m

    Tue 12 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— Chairman of the Jordanian truckers association disclosed to AlGhad today, Tuesday, that the land shipping sector’s losses have increased to JOD690 million over these last 6 years.
    On a daily basis, some 60 to 80...
  • »Inbound Tourism Up 9% — Gov’t

    Tue 12 December / Dec 2017. 12:00 AM
    AMMAN —AlGhad— The Secretary General of the Ministry of Tourism, Eisa Gamouh, stated to AlGhad that inbound tourism has increased by 8.9 per cent by the end of November 2017, compared to the same duration last year.
    Sector indices,...
Business 2 Weeks Ago
  • »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...
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