Business Yesterday
  • »IBM Project Debater Fights Corner against Human Opponent

    Tue 19 June / Jun 2018. 12:00 AM
    CAPITALS — On a stage in San Francisco, IBM’s Project Debater spoke, listened and rebutted a human’s arguments in what was described as a ground-breaking display of artificial intelligence.
    The machine drew from a library of...
Business Last Week
  • »Central Bank Raises Interest Rate 25pts

    Thu 14 June / Jun 2018. 12:00 AM
    AMMAN —AlGhad— The Central Bank of Jordan (CBJ) raised the base interest rate by 0.25 per cent (25 basic points) today, Thursday, as of Tuesday, June 19, 2018.
    The CBJ open market operations committee pinned the interest rate on credit...
  • »Jordanian Factories Abandon Natural Gas Power

    Thu 14 June / Jun 2018. 12:00 AM
    AMMAN —AlGhad— Seven factories have abandoned the use of natural gas to power up their facilities in Jordan, driving the number of industrial facilities relying on natural gas from ten to three, an informed source with the Ministry of...
  • »Committee to Decide on Location of Jordan-Iraqi Industrial Zone

    Thu 14 June / Jun 2018. 12:00 AM
    AMMAN —AlGhad— A specialised technical committee, formed by the government, has begun looking into the locations, suggested by the Iraqi authorities, for the establishment of the joint Jordan-Iraqi industrial zone, an informed source...
  • »Petra Visitors Up 37% in 5 Months

    Wed 13 June / Jun 2018. 12:00 AM
    AMMAN —AlGhad— The number of Petra visitors has increased by 37 per cent in the first five months of the year, compared to the same duration last year, from 263,868 to 362,490 visitors, Falah Omoush, chairman of the Petra Tourism...
  • »Guess Founder Quits over Sexual Harassment Claims

    Wed 13 June / Jun 2018. 12:00 AM
    CAPITALS — The co-founder of fashion brand Guess is stepping down as executive chairman following claims of improper conduct but will stay on its board until 2019.
    Guess said that a special committee was unable to corroborate a number of...
  • »Uber Applies for Patent to Spot Drunk Passengers

    Tue 12 June / Jun 2018. 12:00 AM
    Taxi app company Uber has applied for a patent to use artificial intelligence to determine how drunk potential passengers might be.
    The app used to summon rides could also feed other information to the driver, including a passenger's location, how...
  • »Ivanka Trump, Jared Kushner Commercial Income Revealed

    Tue 12 June / Jun 2018. 12:00 AM
    Ivanka Trump and Jared Kushner earned at least USD82 million in outside income in their first year as unpaid senior advisers to the president, disclosure forms cited by US media say.
    President Trump's daughter and son-in-law have continued to...
  • »UK Reaffirms Commitment to Jordan ahead of London Investor Conference

    Mon 11 June / Jun 2018. 04:57 PM
    AMMAN —AlGhad— Middle East Minister Alistair Burt met with Prime Minister Dr Omar Razzaz and members of the new government today, Monday, and reaffirmed the UK’s commitment to supporting Jordan in creating jobs and boosting...
  • »Domestic Seasonal Demand on Overseas Travel Down 70%

    Mon 11 June / Jun 2018. 12:00 AM
    AMMAN —AlGhad— Seasonal demand on overseas travel and tourism in the upcoming Eid al Fitr vacation has dropped by nearly 70 per cent, compared to the Eid season last year, 2017, travel and tourism operators confirmed to AlGhad.
  • »Nuclear Programme Costs Exceed JOD112m

    Mon 11 June / Jun 2018. 12:00 AM
    AMMAN —AlGhad— The Jordan Atomic Energy Commission (JAEC) confirmed in a report issued recently that the government’s overall expenditure on the nuclear programme, facilities included, has exceeded JOD112.19 million, in the years...
  • »Makkah Summit Turns Out USD2.5b Worth of Aid

    Mon 11 June / Jun 2018. 12:00 AM
    AMMAN —AlGhad— The Makkah quartet summit, organised by King Salman bin Abdul Aziz of Saudi Arabia, turned out a combined USD2.5b package worth of support and aid to Jordan, extended jointly by Saudi Arabia, the United Arab Emirates and...
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