Business Yesterday
  • »Jordan-Saudi Agreements Underway Worth JOD750m

    Mon 27 March / Mar 2017. 12:00 AM
    AMMAN —AlGhad— Chairman of the Saudi side of the Jordanian-Saudi Business Council, Dr Hamdan Samrin, stated to AlGhad today that 14 new agreements and memos of understanding are currently underway between the two kingdoms, worth JOD750...
Business Sunday
  • »Uber Suspends Self-Driving Cars after Arizona Crash

    Sun 26 March / Mar 2017. 12:00 AM
    Uber has pulled its self-driving cars from the roads after an accident which left one of the vehicles on its side.
    Pictures posted online showed the car on its right side on an Arizona street, next to another badly damaged vehicle.
    The car - a...
  • »Official: Over JOD100m Worth of Investment Opportunities in Petra

    Sun 26 March / Mar 2017. 12:00 AM
    AMMAN —AlGhad— The Infrastructure and Investment Commissioner at the Petra District Authority, Dr Tharwat Masalha, stated to AlGhad that the authority has prospected a bundle of investment and business opportunities worth nearly JOD100...
  • »Experts Say Jordanian Gov’t is Delusional on Growth

    Sun 26 March / Mar 2017. 12:00 AM
    AMMAN —AlGhad— Experts, former ministers, along with the World Bank and other international organisations, all agree that the growth figures the Jordanian government is aiming to attain for the years 2017, 2018, and 2019 are unrealistic....
Business Saturday
  • »Final 2016 Budget Outcomes Indicate Slowdown; Lower Income, Deficit, Growth

    Sat 25 March / Mar 2017. 10:07 PM
    AMMAN —AlGhad— The final 2016 Budget Outcome report shows real growth in GDP has fallen short from the 3 per cent forecast at the beginning of the year, due to a negative variance in public income, caused by economic slowdown.
    On the...
  • »Libya Owes JOD300m to Jordanian Hospitals

    Sat 25 March / Mar 2017. 10:06 PM
    AMMAN —AlGhad— The Private Hospitals Association met with Jordanian and Libyan officials in Amman on Thursday, to negotiate the growing 6-year debt owed by the Libyan government to private Jordanian hospitals, estimated at around JOD300,...
  • »‘Central Bank’ Races Inflation Rates, Up to 4.66%

    Sat 25 March / Mar 2017. 12:00 AM
    AMMAN —AlGhad— The median inflation rate for February, 20147, maxed at 4.66 per cent, driven by the recent hike in prices, after the government passed a number of tax-up decisions, as opposed to the Central Bank of Jordan (CBJ) racing to...
Business Last Week
  • »‘GAM’ Signs MoU on ‘Amman Metro’ Project with Chinese Company

    Wed 22 March / Mar 2017. 12:00 AM
    AMMAN —AlGhad— According to insider sources, the Greater Amman Municipality (GAM) Board on Wednesday, presided by Dr Yousef Shawarbeh, signed a memo of understanding with a Chinese company on the Amman Metro Project to conduct all...
  • »‘Central Bank’ Gold Reserves Up 4.3%

    Tue 21 March / Mar 2017. 12:00 AM
    AMMAN —AlGhad— The total value of gold bullions in reserve at the Central Bank of Jordan (CBJ) has grown by 4.3 per cent over the first two months of the current year, 2017, approximately JOD46.5 million, from 2016’s JOD1.125...
  • »Jordan, Iraq Seal Economic Protocols; Turabil Crossing, Oil Pipeline

    Tue 21 March / Mar 2017. 12:00 AM
    BAGHDAD — Jordan and Iraq, Tuesday, inked minutes of the Jordanian-Iraqi joint committee meetings which entails boosting trade exchange and speeding up construction of the oil pipeline between the two countries.
    The protocols also encompassed...
  • »‘Arab Fund’ Approves USD96m Loan for Irbid, Salt Ring Roads Projects

    Tue 21 March / Mar 2017. 12:00 AM
    AMMAN — Planning and International Cooperation Minister Imad Fakhouri met with the Director General and the Chairman of Arab Fund for Economic and Social Development (AFESD) Abdullatif Youssef Hamad, and discussed enhancing cooperation between...
  • »Brexit: Inflation Up to 2.3% in February

    Tue 21 March / Mar 2017. 12:00 AM
    LONDON — Consumer price inflation jumped to 2.3 per cent in February as the slump in the value of the pound since last year's Brexit vote fed through into the cost of living.
    According to the Office for National Statistics, the annual rate of...
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