Blog: Economy

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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Jordan Dispatches 15 Tonnes of Aid to Iraqi Kurdistan

AMMAN — The Jordan Hashemite Charity Organisation (JHCO), in cooperation with the Jordan Armed Forces-Arab Army, has dispatched an airplane of humanitarian, medical and in-kind assistance to Iraq’...

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Revenues from Remittances, Tourism Reach $1.844 Billion End of March

AMMAN -- Remittances of Jordanian expatriates rose by 3.3 per cent in the first quarter of 2017 standing at $856 million, compared to $607 million in the same period of 2016, according Deputy...

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Jordan to Host 2018 Arab Financial Institutions' Annual Meeting

AMMAN – Minister of Planning and International Cooperation Imad Fakhoury headed the Jordanian delegation to the 46th meeting of the Board of Governors of the Arab Fund for Economic and Social...

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Prime Minister Launches $930-Million Water Strategy for Amman and Zarqa

ZARQA – Prime Minister Hani Mulki on Saturday launched a $930-million strategy to increase households’ connectivity to the wastewater network in Amman and Zarqa, raising it from the current 80 per...

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