Blog: Economy

'Baptism Site Sees Increase In Number Of Visitors'

AMMAN — The number of visitors to the Baptism Site this year rose by 27 per cent compared to last year, the Jordan News Agency, Petra, reported on Sunday.

The Baptism Site Commission...

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‘Over $1 Billion Invested In Water Sector In 2017’

AMMAN — Over $1 billion was invested in the water sector in 2017 in projects to improve and increase water supply, link more households to the sewage network and expand the sector’s reliance on...

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$10M Granted by ERBD To Support Small Businesses Access To Credit

AMMAN — The EBRD (European Bank for Reconstruction and Development) is partnering with Jordan Commercial Bank (JCB) to support the development of small businesses in Jordan with a $10 million...

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25 Businesses Join Business Growth Programme ‘Accelerate With JEDCO’

AMMAN — Acting CEO of the Jordan Enterprise Development Corporation (JEDCO) Mohammad Al Mheirat on Wednesday hosted a signing ceremony for an additional 25 businesses to implement growth action...

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Christmas Spirit Comes To Abdali Boulevard

AMMAN — For the fifth consecutive year, The Boulevard in Abdali is spreading the Christmas spirit with celebrations featuring an open market and several activities held throughout the holiday...

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European Bank For Reconstruction & Development Extends $22M Loan To New Solar Power Plant In Jordan

AMMAN — Intensifying its support for Jordan’s solar power programme, the European Bank for Reconstruction and Development (EBRD) is extending a $22 million loan for the construction and operation...

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Jordan, World Bank Sign $200-Million Financing Agreement

Amman, Dec. 12 (Petra) -- The Jordanian Government and the World Bank (WB), on Tuesday, signed a soft loan and grant agreement worth $200 million to support the budget and finance a reform program...

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Planning Ministry Signs Agreements Worth 225m Euros With Germany, France

AMMAN — The 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...

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Jordanian Businessmen Association Denounce US Decision On Jerusalem

Amman, Dec. 7(Petra) - President of the Jordanian Businessmen Association (JBA) Hamdi Al-Tabba, early Thursday strongly condemned U.S President Donald Trump’s recognition of Jerusalem as the...

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Fakhoury Meets With Saudi Fund For Development Officials

AMMAN — Minister of Planning and International Cooperation Imad Fakhoury concluded a visit to Saudi Arabia on Wednesday, during which he held a meeting with the Deputy Chairman of the Board of...

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