Blog: Economy

Tenders Floated for Various Projects in Petra

AMMAN — The Petra Development and Tourism Region Authority (PDTRA) recently floated tenders for investment projects in Petra city worth JD100 million, PDTRA President Mohammad Nawafleh said on...

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Japan Provides Jordan with $21.6M Grant for Water Sector

AMMAN — Japan will provide an additional grant of $21,616,344 to Jordan under an agreement signed by the Planning and International Cooperation Ministry and the Japanese government on Monday.  ...

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Royal Air Force Granted License to Generate Solar Energy

AMMAN — The Energy and Minerals Regulatory Commission has granted the Royal Air Force a license to generate electricity from solar energy, the Jordan News Agency, Petra, reported on Tuesday. The...

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IMF Praises Jordan’s Progress in Economic Correction

AMMAN — The International Monetary Fund (IMF) has praised Jordan’s economic correction measures and the Central Bank of Jordan’s (CBJ) policies geared towards monetary stability.

The...

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His Majesty King Abdullah II Inaugurates Mideast’s First Major International Research Centre

AMMAN — His Majesty King Abdullah on Tuesday inaugurated the Synchrotron-light for Experimental Science and Applications in the Middle East (SESAME) international research centre, the first of its...

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Planning Ministry Tasked with Drafting Executive Plan to Spur Economy

AMMAN –– The Council of Ministers Tuesday entrusted the Ministry of Planning and International Cooperation to put forward an executive plan and performance criteria for the recently-endorsed 2018-...

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US Aid to Jordan in 2017 Totals $1.3 billion, Minister

AMMAN –– Minister of Planning and International Cooperation Imad Fakhoury said Tuesday that US basic aid to Jordan this year totaled about $1.3 billion under the budget endorsed by Congress late...

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International Conference Calls for Assisting Jordan in Shouldering Refugee Burden

AMMAN -- An international conference on refugees in the Middle East, currently underway in Amman, urged the international community to help Jordan in shouldering major burdens arising from a...

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Economic Growth Plan a Result of Public- Private Sector Partnership - Minister Momani

AMMAN -- State Minister for Media Affairs and Government Spokesperson Mohammad Momani said that the plan to stimulate the economy, which was approved by the Cabinet yesterday, was prepared by the...

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Jordan Issues $500 Million Worth Eurobonds

AMMAN — Jordan has successfully issued $500-million worth of Eurobonds on international markets, the Ministry of Finance said Wednesday.

The bond was sold with a yield rate of 5.875 per...

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