Business

Hassan’s Government in Two Years… Paying Off Student Support Fund Debt to Public Universities

Al-Taj News – The education and higher education sectors witnessed a range of projects, programs, and decisions over the past two years aimed at expanding schools’ capacity, improving students’ access to education, linking educational pathways with skills and the labor market, developing inclusive and digital education, and expanding support provided to students and teachers. The government paid off the full…

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On Behalf of Industry and Trade Minister… Hijazi Opens 17th Interbuild Near East Exhibition

Al-Taj News – On behalf of Minister of Industry, Trade and Supply Eng. Yarub Al-Qudah, Executive Director of the Jordan Enterprise Development Corporation (JEDCO) Ghaleb Hijazi today, Monday, opened the 17th edition of the “Interbuild Near East” exhibition, organized by Golden Gate Exhibitions, with the participation of around 120 companies and exhibitors from Jordan and a number of Arab and…

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Approval to Implement Project Expected to Save 20% of Government Buildings’ Energy Bills

Al-Taj News – The Cabinet, during its session held Sunday, decided to approve the necessary procedures to implement a project to improve energy efficiency in government buildings, in accordance with the findings of the energy audit study prepared for this purpose. The decision comes amid the government’s continued implementation of the necessary measures to achieve energy supply security and implement…

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Government Extends Exemption of Maritime Freight Charges From Fees and Taxes for 6 Months

Al-Taj News – The Cabinet, during its session held Sunday, decided to approve extending its previous decision to exempt increases in maritime freight charges on goods from customs duties and taxes, and to include all goods arriving via maritime shipping under these exemptions for an additional six months, including general and special sales taxes. The decision aims to prevent increases…

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Al-Zarou: Matching Chinese Vehicles to Gulf Specifications Requires Millions of Dollars

Al-Taj News – Representative of the Association of Automobile Agents and Distributors, Mohammad Al-Zarou, said Sunday that manufacturing errors and defects are possible in all types of vehicles around the world, noting that the issue gained momentum in Jordan after a relatively large number of complaints were recently filed with the Consumer Protection Directorate, revealing a common defect in a…

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Foreign Exchange Reserves at Central Bank Rise to $28.4 Billion at End of August 2026

Al-Taj News – Foreign exchange reserves at the Central Bank of Jordan rose by about $2.9 billion at the end of August compared with their level at the end of last year, reaching approximately $28.4 billion. According to the Central Bank, this level of reserves is sufficient to cover Jordan’s imports of goods and services for 9.2 months, exceeding the…

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Iraqi Central Bank Denies Bankruptcies

Al-Taj News – The Central Bank of Iraq confirmed that imposing supervisory committees or trusteeship on any licensed bank does not mean that it is bankrupt, but rather constitutes a precautionary supervisory measure aimed at ensuring the bank’s soundness, the stability of its operations, and the protection of depositors’ rights. The Central Bank explained, in a statement, that these measures…

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Housing Investors: Rising Land Prices and Interest Rates Weaken Citizens’ Ability to Buy Apartments

Al-Taj News – Head of the Housing Investors Association Majed Ghosheh said that rising land prices, particularly in serviced areas within the capital Amman, along with increases in construction, finishing, transportation and labor costs, fees, taxes, and financing costs, have affected the prices of residential apartments. Ghosheh added that land prices in some areas, such as Abdoun, Dabouq, and Deir…

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Jordan .. Price of a Dunum in Abdoun and Dabouq Could Reach 1.5 Million Dinars

Al-Taj News – Head of the Housing Investors Association Majed Ghousheh said that rising land prices, particularly in serviced areas within the capital Amman, along with increased construction, finishing, transportation, labor, fees, taxes, and financing costs, have been reflected in residential apartment prices. Ghousheh added that land prices in some areas such as Abdoun, Dabouq, and Deir Ghbar have in…

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Turkey Reintroduces Privatization Plan for Istanbul Bridges

Al-Taj News – Turkey plans to sell the operating rights for two famous bridges in Istanbul, along with highways, for a period of 30 years, as part of a multi-billion-dollar privatization plan, according to Bloomberg. The July 15 Martyrs Bridge and the Fatih Sultan Mehmet Bridge are at the forefront of the privatization plan, according to a decree signed by…

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