Blog: Economy

Tourism Revenues Rise By 12.5 Percent In 2017

Amman, Jan.18(Petra)-- Tourism revenues in 2017 increased by 12.5 per cent, up to $4.6 billion, compared to $4.1 billion in the same period of 2016, the Central Bank of Jordan (CBJ) announced on...

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The International Finance Corporation Supports Jordan’s ‘Largest Renewable Energy Project’

AMMAN — The International Finance Corporation (IFC), a member of the World Bank Group, has arranged a financing package of up to $188 million for the largest solar photovoltaic (PV) power plant in...

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‘Fund To Support Startups Will Be Launched Soon’

AMMAN — A fund seeking to support startups and small- and medium-sized projects in all sectors including the ICT is expected to be launched soon to further boost Jordan’s startups ecosystem,...

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Jordan Hashemite Charity Organization Receives Japanese Grant

Amman, Jan. 10 (Petra)-Jordan Hashemite Charity Organization (JHCO) on Wednesday received a Japanese grant worth $64 thousand, as a part of Tokyo's humanitarian security grant program carried out...

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'Baptism Site Sees Increase In Number Of Visitors'

AMMAN — The number of visitors to the Baptism Site this year rose by 27 per cent compared to last year, the Jordan News Agency, Petra, reported on Sunday.

The Baptism Site Commission...

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‘Over $1 Billion Invested In Water Sector In 2017’

AMMAN — Over $1 billion was invested in the water sector in 2017 in projects to improve and increase water supply, link more households to the sewage network and expand the sector’s reliance on...

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$10M Granted by ERBD To Support Small Businesses Access To Credit

AMMAN — The EBRD (European Bank for Reconstruction and Development) is partnering with Jordan Commercial Bank (JCB) to support the development of small businesses in Jordan with a $10 million...

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25 Businesses Join Business Growth Programme ‘Accelerate With JEDCO’

AMMAN — Acting CEO of the Jordan Enterprise Development Corporation (JEDCO) Mohammad Al Mheirat on Wednesday hosted a signing ceremony for an additional 25 businesses to implement growth action...

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Christmas Spirit Comes To Abdali Boulevard

AMMAN — For the fifth consecutive year, The Boulevard in Abdali is spreading the Christmas spirit with celebrations featuring an open market and several activities held throughout the holiday...

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European Bank For Reconstruction & Development Extends $22M Loan To New Solar Power Plant In Jordan

AMMAN — Intensifying its support for Jordan’s solar power programme, the European Bank for Reconstruction and Development (EBRD) is extending a $22 million loan for the construction and operation...

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