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Jordan’s unemployment reaches 18%


AMMAN: Jordan’s unemployment rate has hit 18 per cent in the second quarter of the current year compared to 14.7 per cent during the same period in 2016, the state’s Department of Statistics (DOS) announced today. DOS added that the unemployment rate for males amounted to 13.4 per cent against 33.9 per cent for females. Around 26.6 per cent of ... Read More »

EU approves €100m in financial assistance for Jordan


  AMMAN: The European Commission, on behalf of the European Union (EU), has today approved the disbursement of a €100 million loan to Jordan under its Macro-Financial Assistance (MFA) programme. This disbursement marks the launch of the second Macro-Financial Assistance programme for Jordan with a total worth of €200 million, which follows a first package of €180 million approved in ... Read More »

Industrial exports to Iraq resume after border reopening


  AMMAN: A new convoy of approximately 20 trucks of Jordanian industrial exports is expected to cross the Karameh-Turaibil border crossing to Iraq today, head of the Amman Chamber of Industry, Ziad Homsi, told The Jordan Times on Sunday. Jordan is resuming the industrial exports to Iraq one month after the reopening of the border crossing between the two countries ... Read More »

Two smuggling, infiltration attempts foiled on northern borders


  AMMAN: The northern military command, in coordination with the Anti-Narcotics Department and the Military Security Department, foiled an attempt by 4 people to smuggle large quantities of drugs. A source at the Jordan Armed Forces-Arab Army said that the northern command detected four people trying to infiltrate from Syrian into Jordan, adding that the rules of engagement were applied ... Read More »

Jordan, Belgium to establish joint business council


  AMMAN: President of Jordan Businessmen Association (JBA), Hamdi Tabbaa, said Tuesday establishing a Joint Jordanian-Belgian Business Council in the near future will open new horizons for economic cooperation between the two countries. In a meeting with Belgium Ambassador to Jordan Hendrik van de Velde, Tabaa highlighted investment projects and advantages in the Kingdom, calling for benefiting from Belgian expertise, ... Read More »

Jordan authorities foil massive drug smuggle in Northern Badia raid


  AMMAN: An Anti-Narcotics Department (AND) force stormed a house in the Northern Badia District, where a known drug smuggler stored a massive quantity of narcotics and pills for the purpose of smuggling it across the border to a nearby country. On site, 273 kilogrammes of Hashish and 600 thousand narcotic pills were found and confiscated. One of the smuggler ... Read More »

Jordan former MP faces travel ban for tax evasion charges


  AMMAN: The Public Security Directorate (PSD) just placed a travel ban for former MP Hind Fayez, a police source confirmed to AlGhad, over alleged tax evasion charges. The Ministry of Finance addressed the PSD to ban Fayez from travelling until settling her tax dues, estimated at nearly JOD280 thousand, the police source explained. Less than 24 hours ago, Prime ... Read More »

Jordan’s new income tax law aims to target tax evasion


  AMMAN: The major objective behind amending the Income Tax Law is not to expand the taxpayer base but to primarily address tax evasion and improve tax compliance, a senior official said. The official, familiar with the changes under way to the Income Tax Law, cited Prime Minister Hani Mulki’s assertion Monday that there “should be a revision of the ... Read More »

No income or sales tax raise: PM


  AMMAN: Prime Minister Hani Mulki on Monday said that the government will not reduce the income exemptions to individuals or families, and will not raise sales tax. He stressed that the government is committed to His Majesty King Abdullah’s directives to protect the middle- and low-income segments of Jordanians. During his meeting with Senate President Faisal Fayez and Lower ... Read More »

Jordanian,Turkish council discuss economic cooperation, FTA


  AMMAN: Technical meetings of the 2nd Session of the Jordanian-Turkish Partnership Council began in the Turkish capital Ankara on Thursday that was co-chaired by Secretary General of the Ministry of Industry, Trade and Supply Yousef Al Shamali, and Undersecretary of the Turkish Ministry of Economy, Husnu Dilemre. The meeting tackled means to boost cooperation between the two countries, mainly ... Read More »

Jordan’s sheep exports increase by 14% since January

increase exports

AMMAN: The volume of Jordan’s sheep exports during the first nine months of this year increased by 14 per cent compared to last year, officials at the Ministry of Agriculture said on Thursday. This year, the Kingdom exported a total of 387,700 head of sheep, Salah Tarawneh, the Agriculture Ministry’s assistant secretary general for marketing and information, said in a ... Read More »

Peru, Jordan sign deal to boost cultural exchange


  AMMAN: The Inca citadel of Machu Picchu entered a twinning agreement with ancient Nabataean Petra City (Jordan) to strengthen cooperation ties and promote permanent cultural exchange between them. The document bears the signatures of Peru’s Culture Minister Salvador del Solar and Petra Development and Tourism Region Authority (PDTRA) Chief Commissioner Mohammad Abbas Nawafleh. The agreement provides that conferences and ... Read More »

EU offers Jordan soft loan worth 200m Euros


  AMMAN: The EU has provided Jordan with a financial assistance of 200 million euros as a soft loan in the form of macro financial assistance, Planning and International Cooperation Minister Imad Fakhoury announced on Monday. Finance Minister Omar Malhas, Central Bank of Jordan Governor Ziad Fariz and EU Commissioner of Economic and Financial Affairs, Taxation and Customs Pierre Moscovici ... Read More »

King visits Amman customs house


  AMMAN: His Majesty King Abdullah II made a surprise visit to the Amman Customs House where he checked on progress of work and the level of services offered to citizens, investors, expatriates and cargo vehicles. During a tour of the facility, His Majesty was briefed by Director General of Jordan Customs Department (JCD) Wadah Hmoud on measures taken by ... Read More »

PM reasserts new tax law will not affect middle class


  AMMAN: Prime Minister Hani Mulki on Monday said that reconsidering the Income Tax Law would not affect the exemptions given to vulnerable segments, the Jordan News Agency, Petra, reported. During a discussion panel organised by the Jordan Strategies Forum, Mulki said that the middle class will not be affected by amendments of the taxation system, which, he noted, have ... Read More »

King makes surprise visit to customs centre


  AMMAN: His Majesty King Abdullah on Thursday paid an unannounced visit to Amman Customs Centre to check firsthand on procedures and services provided to citizens, investors, and expats. During a tour at the centre, His Majesty was briefed by the Jordan Customs Department (JCD) Director Maj. Gen. Waddah Hmoud on JCD’s procedures and plans to automate its services, a ... Read More »

GOP group to spend $2.5m on ads promoting ‘Tax Relief’


  AMMAN: The pro-Republican group American Action Network says it’s planning to spend $2.5 million on television ads in 23 congressional districts held by Republicans. The spot features a couple fretting that the U.S. tax code is “too complicated” and calling for tax relief for working families and small business owners. The ad is scheduled to air mostly in competitive ... Read More »

Jordan wishes to resume talks with Mercosur


  AMMAN: Jordan ambassador Malek Twal visited the Arab Chamber and expressed his country’s desire to enter into an agreement with the South American bloc. He also talked about plans on holding a Brazil-Jordan economic forum in 2018 in Amman. Jordan wants closer trade ties with Brazil and nearby countries and is working to resume talks for an agreement with ... Read More »

Jordanian Iraqi border crossing to reopen after Eid Al Adha


BAGHDAD: Jordan and Iraq have agreed to reopen the Turaibil – al-Karamah border crossing shortly after Eid Al Adha. A Jordanian security official has told Al Arabiya English that the Karamah crossing will be opened for the public on the third day of Eid, September 3, while staff will be deployed from August 30. “We have conducted a trial run ... Read More »

Planning minister highlights importance of Jordanian, Indian cooperation


AMMAN: Minister of Planning and International Cooperation, Imad Fakhoury, has emphasized the importance of ongoing cooperation between #Jordan and #India in various domains. He commended #India on the achievements and successes it has accomplished on many fronts that Jordanians have been closely following whether its vast industrialization process, growing infrastructure and services, food grain production, IT sector, technical education and ... Read More »