Blog: Economy

European Bank For Development, Amman Municipality To Transform Amman Into A Smart City

AMMAN — The European Bank for Reconstruction and Development (EBRD) and the Greater Amman Municipality (GAM) are joining forces to transform Amman into a smart city, the bank said in a statement e...

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Jordan, IFAD Sign Financing Agreement Worth $12.8m

AMMAN — Jordan and the International Fund for Agricultural Development (IFAD) on Wednesday signed a financing agreement (concessional loan and grants) for the financing of small-ruminant...

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Germany Pledges Over 500m Euros In Aid To Jordan

AMMAN — Germany on Tuesday pledged to provide Jordan with over 575 million euros in assistance to respond to the Kingdom’s development needs and support the Syrian refugees in Jordan.

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Ministry, World Bank Launch Project To Develop Urban Planning

AMMAN — Five municipalities in Jordan are making use of a new one-year project run by the Planning and International Cooperation Ministry and the World Bank to develop their urban planning.

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Jordan’s Rank Expected To Rise In Doing Business 2018 Report

AMMAN — Jordan’s ranking in the Doing Business 2018 report, to be published on Tuesday, is expected to improve due to the government’s efforts to boost the rating, according to Minister of...

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EU Approves Euro100 Million In Financial Assistance For Jordan

Amman, Oct. 20 (Petra) -- The European Commission has approved the disbursement of a Euro100 million loan to Jordan under a Macro-Financial Assistance program.
It said Friday that the...

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US-Jordanian Business Forum Discusses Future Partnership

AMMAN — Minister of State for Investment Affairs Muhannad Shehadeh on Tuesday stressed the importance of the Jordanian-US partnership, especially that the Kingdom looks at Washington as its main...

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Australia Announces JD7m In Humanitarian Aid To Jordan

ZAATARI REFUGEE CAMP — Australia’s Governor General Peter Cosgrove on Thursday announced the provision of 12.5 million Australian dollars (around JD7 million) in humanitarian aid for Jordan over...

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Fakhoury Chairs World Bank, IMF Meeting

AMMAN — Minister of Planning and International Cooperation Imad Fakhoury has chaired a meeting of the World Bank Group  and the International Monetary Fund (IMF) at their annual meetings for 2017...

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Jordan, Egypt Enhance Electricity Projects

AMMAN — Jordan and Egypt have agreed to enhance electricity connection between the two countries and form a team to study the establishment of a second power line project, the Jordan News Agency,...

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