Blog: Economy

Jordan Sees Growth In Tourist Revenues As Marketing Campaign Bears Fruits

AMMAN — Jordan is exerting efforts to attract more tourists to the country and increase the sector’s revenues, which witnessed an increase in the first half of this year, according to the Ministry...

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2018 Budget to Allocate Shares of Governorates Under Decentralization Policy

AMMAN — Prime Minster Hani Mulki on Tuesday said that he directed budget authorities to immediately start preparation of the public budget 2018, to take into account the budgets of governorate...

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Jordan’s Stability ‘Major Attraction’ For Chinese Investments — Ambassador

AMMAN — Jordan has a “large” potential to become a hub for starting or relocating Chinese factories, particularly those eyeing branching out to European, US and Arab Gulf markets, Chinese...

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Crown Prince Hussein Technical University Hosts Workshop On Entrepreneurship & Lean Start-Up

Amman-- Al Hussein Technical University (HTU) in partnership with SPARK Organization is holding a TOT workshop on Entrepreneurship and Lean Start-up at the university’s campus at the King Hussein...

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Jordan, French Development Agency Sign 10M Euro Grant Agreement

AMMAN — Jordan has signed a 10-million-euro grant agreement with the French Development Agency (AFD), the Jordan News Agency, Petra, reported on Monday. 

Water and Irrigation Minister Hazem...

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Planning Ministry, UNICEF Sign JD 186,690 Grant Agreement To Support Education

AMMAN — Minister of Planning and International Cooperation Imad Fakhoury on Thursday signed a protocol agreement with UNICEF to provide a grant of JD186,690 to support the Ministry of Education....

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Economic Correction Measures Have Paid Off — Prime Minister

AMMAN — Prime Minister Hani Mulki on Sunday said that the government›s measures have not only stopped the economic recession, but also improved economic performance, the Jordan News Agency, Petra...

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IMF Completes First Jordan Review, Praises Performance

AMMAN — The Jordanian economy has performed favourably under a difficult external environment, as macroeconomic stability and external viability have been maintained, thanks to a prudent monetary...

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World Bank Extends $52.8M To Support Health Services

AMMAN — Jordan and the World Bank have signed two agreements worth $52.8 million as a soft loan and a grant.

The agreements aim to support the public budget and finance a project to provide...

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EU Assistance Exceeded 1.3B Euro Since 2015 — Report

AMMAN — The EU’s assistance to Jordan has exceeded 1.3 billion euro over the past two years, according to a recent report. 

The assistance included grants worth 200 million euro under the...

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