Business
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Sources: Government Incurs 20 Million Dinars Monthly Due to Fuel Price Freeze for September
Al-Taj News – The decision to freeze the prices of petroleum products for the current month represents a new step in the government’s ongoing support efforts to address the repercussions of the global energy price shock. Although the decision is primarily aimed at protecting citizens’ purchasing power and curbing local inflation, it places increasing pressure on public finances due to…
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Arab Potash Company Funds Karak’s Largest Healthcare Project at a Cost of JD 9 Million
Al-Taj News – Abu Hdeib: Three Integrated Healthcare Projects Costing Around JD 14.5 Million to Enhance Medical Services in Karak Abu Hdeib: The Project Is Being Implemented in Partnership with the Ministry of Health and Under Close Follow-up by Prime Minister Dr. Jafar Hassan As part of its continued efforts to strengthen its development role in the southern governorates and…
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Iran’s Economy Groans Under the Weight of War and U.S. Sanctions
Al-Taj News – Six months into the war with the United States and Israel, the economic cost of the confrontation has become clearer in Iran, with an official acknowledgment that foreign trade has declined by about one-third and inflation has risen to severe levels, while the administration of U.S. President Donald Trump intensifies its financial campaign against Tehran in an…
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Official Source Reveals the Financial Burden on the Government from Maintaining August Fuel Prices
Al-Taj News – Official sources revealed on Saturday the global pricing of petroleum derivatives for August 2026, explaining the actual costs borne by the government, represented by the relevant authorities, compared with the actual selling prices offered to citizens in the local market. The figures show that the Treasury is providing direct financial support for a number of basic petroleum…
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Chinese Ambassador Expects Direct Flights Between Amman and Beijing to Launch Before Year-End
Al-Taj News – Ambassador of the People’s Republic of China to Jordan Huo Guowei expects direct flights between Amman and Beijing to be launched before the end of the year, considering that direct air connectivity would contribute to boosting tourism, investment and trade between the two countries. Speaking during a press conference held at the embassy, the ambassador said that…
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Vocational Training Announces 11,000 Expected Job Opportunities in Two Projects in Jordan
Al-Taj News – Director General of the Vocational Training Corporation Raafat Al-Sawafeein said that the National Water Carrier and railway projects could provide around 11,000 job opportunities, at a time when the corporation is working to align its training programs with the needs of these projects and upcoming major national projects. Al-Sawafeein explained that the corporation, in cooperation with the…
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Former Minister Mansour: Jordan Has Gas Reserves in Risha Field That Could Rank It Sixth Globally
Al-Taj News – Former Minister of State for Economic Affairs Yousef Mansour said that Jordan has gas reserves in the Risha field that qualify it to rank sixth globally, according to him. Mansour added that Jordan needs to establish the necessary pipelines to transport the gas to industrial and residential communities.
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Starting With Banks… U.S. Treasury Secretary Expects New U.S. Sanctions to Be Imposed
Al-Taj News – U.S. Treasury Secretary Scott Bessent said Monday that the Treasury Department is likely to announce new weekly secondary sanctions aimed at increasing economic pressure on Iran, initially focusing on banks. After sanctions were imposed Friday on a branch of Egypt’s Banque Misr in the UAE over reported financial ties to Iran, Bessent said in an interview that…
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S&P Affirms Jordan’s Credit Rating Despite Regional Conditions
Al-Taj News – S&P Global Ratings announced that it had affirmed Jordan’s long-term sovereign credit rating in both local and foreign currencies at BB-, with a stable outlook, despite the regional conditions that have negatively affected most countries. In its report issued Friday, the agency noted that the affirmation was driven by the resilience of the Jordanian economy in the…
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Orange Jordan Family Celebrates the 2026 High School Excellence of Employees’ Children
Orange Jordan celebrated a new achievement in the success journey of its employees’ children, honoring 42 students who attained outstanding results in the 2026 Tawjihi and international program examinations. The recognition took place at an internal event held at the company’s headquarters, attended by its CEO, Eng. Philippe Mansour, alongside several members of the Executive Committee, employees, and the students’…
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