Business Last Week
  • »Kuwait Says USD30b Pledged to Rebuild Iraq

    Wed 14 February / Feb 2018. 12:00 AM
    KAWAIT — A total USD30 billion in pledges were made Wednesday at a donor conference for Iraq’s reconstruction after the country’s devastating war with the Islamic State group, falling well short of the USD88.2 billion Baghdad is...
  • »Economic Integration Enhances Jordan's Role in Reconstructing Iraq: Momani

    Wed 14 February / Feb 2018. 12:00 AM
    KUWAIT — State Minister for Media Affairs, and Government Spokesperson Mohammad Momani said that Jordan will place its expertise at the service of the Iraqi side with the aim of supporting reconstruction efforts in the country.
    He said that...
  • »Two Agreements to Exploit Shale Oil in Lajoun, Umm Ghadran

    Wed 14 February / Feb 2018. 12:00 AM
    AMMAN — The Ministry of Energy and Mineral Resources on Wednesday signed with Karak International Oil (KIO) and the Saudi Arabian Corporation for Oil Shale (SACOS), two 40-year concession agreements to exploit shale oil with surface...
  • »US, Jordan Memo to Up Annual Aid to USD1.275b

    Wed 14 February / Feb 2018. 12:00 AM
    AMMAN —AlGhad— Foreign Minister Ayman Safadi and US counterpart, Secretary Rex Tillerson, signed a new Memo of Understanding (MoU) today, Wednesday, boosting annual US aid to Jordan by USD275 million, to USD1.275 billion, as of 2018...
  • »Allocations to Promoting Tourism in Jordan Lowest Regionally

    Wed 14 February / Feb 2018. 12:00 AM
    AMMAN —AlGhad— Data on the Ministry of Tourism’s expenditures on promoting tourism in Jordan indicates it is the lowest in the region, at some USD21 million, compared especially to Turkey’s USD5.137 billion.
    According to...
  • »‘Consumer Protection’ Warns of Declining Purchasing Power, Market Demand

    Tue 13 February / Feb 2018. 12:00 AM
    AMMAN — AlGhad— Director of the National Society for Consumer Protection (NSCP) Dr Mohammad Obeidat warned in a statement today, Tuesday, that overall market demand has declined to an unprecedented level.
    The market’s purchasing...
  • »Crown Prince Foundation, TAG-Org Sign Strategic Cooperation Agreement

    Tue 13 February / Feb 2018. 12:00 AM
    AMMAN — The Crown Prince Foundation (CPF) and Talal Abu-Ghazaleh Organization (TAG-Org) signed a memorandum of understanding (MoU) aimed at enhancing cooperation between the two parties to support the youth's social development process in...
  • »Jordan Present at Milan Tourism Fair

    Tue 13 February / Feb 2018. 12:00 AM
    AMMAN — The Tourism Promotion Authority (TPA) participated in the activities of the International Tourism Exchange 2018 "BIT" held in the Italian city of Milan.
    The TPA's Director General, Dr Abdul Razzaq Arabiyat, said in a press statement...
  • »NEPCO: Hussein Power Plant Phase-1 Operational by End of Q1-2018

    Sun 11 February / Feb 2018. 12:00 AM
    AMMAN —AlGhad— General Director of the National Electric Power Company (NEPCO) Eng Abdul Fattah Daradkeh uncovered to AlGhad that Phase One of the Hussein Renewable Energy Plant project is estimated to be operational by the end of the...
  • »Jordan Drops on World Energy Trilemma Index 2017

    Sun 11 February / Feb 2018. 12:00 AM
    AMMAN —AlGhad— Jordan has dropped to the 87th place in the 2017 World Energy Trilemma Index, from the 75th place in 2016, according to the World Energy Council’s latest report on Monitoring the Sustainability of National Energy...
  • »Jordan Hosts Counter ISIS Finance Group Meeting

    Sun 11 February / Feb 2018. 12:00 AM
    AMMAN — Jordan hosted on Sunday the 9th meeting of the Counter ISIS Finance Group with the aim of assessing accomplishments made in fighting the terrorist group, also known as Daesh in Arabic, in an effort to further integrate and enhance...
  • »Arab Bank Wins Ruling Toss Verdict over New York Terror Funding Case

    Sat 10 February / Feb 2018. 12:00 AM
    CAPITALS —AlGhad— Jordanian Arab Bank Plc won a ruling to dismiss a jury verdict holding it responsible for financing a wave of violence that killed or wounded Americans in Israel in the early 2000s, according to Bloomberg.
    After the...
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