Blog: Economy

Business Leaders Call for Unified Concept of Corporate Social Responsibility

AMMAN — Arab business owners operating in the region should “be entrepreneurs, but serve [their] community”, according to a participant in a forum on corporate social responsibility (CSR) that...

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Jordan Seeks International Support for Refugee Response Plan 2016-2018

AMMAN — Jordan on Tuesday stressed the need to attract sufficient funding to its National Response Plan to the Syrian crisis 2016-2018 to meet the requirements of hosting refugees.

At a...

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Millennium Challenge Corporation CEO Visits Amman

Amman (Petra) -- Prime Minister, Abdullah Ensour, on Monday met with the U.S. Millennium Challenge Corporation (MCC) CEO, Dana Hyde, who is currently visiting Jordan to participate in the opening...

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PM Inaugurates $184-Million Expansion of Samra Wastewater Treatment Plant

Prime Minister, Abdullah Ensour, on Monday, inaugurated a second expansion of a main wastewater treatment plant near Al-Zarqa, east of Amman, at a cost of $184 million and an output capacity of...

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IMF Lowers Jordan’s GDP Growth Projection to 2.9% This Year

AMMAN — The International Monetary Fund (IMF) has for the third time this year revised its growth forecast for Jordan’s economy, expecting it to grow by 2.9 per cent in 2015.

In May of this...

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Government Signs $250m Soft Loan Agreement with World Bank

AMMAN — Jordan and the World Bank signed a soft loan agreement worth $250 million based on the Finance Ministry’s financing requirements and the endorsed budget, the Planning and International...

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Jordan Attends IMF, World Bank Peru Meetings

AMMAN — Minister of Planning and International Cooperation Imad Fakhoury and Minister of Finance Umayya Toukan left the Kingdom to attend the annual meetings of the World Bank and the...

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Forum to Encourage Industrialists to Rely on Renewable Energy

AMMAN – Shifting the industrial sector’s energy consumption trends will be the highlight of a forum slated to be held later this year in a bid to encourage better utilisation of renewable power....

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Government Pushes to Simplify Approvals for Businesses

AMMAN — Simplifying and facilitating business procedures is a priority for the government, Industry, Trade and Supply Minister Maha Ali told secretary generals of ministries and...

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Investment Commission Highlights Importance of US Technical, Financial Support to Jordan

AMMAN — Technical, financial and economic help from the US contributed to economic development in the Kingdom, Jordan Investment Commission (JIC) President Montaser Oqlah said.

According to...

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