Edition:
United Kingdom

Suleiman Al-Khalidi

Jordan government to raise public sector wages next year

05 Dec 2019

* Jordan raises public sector salaries to pre-empt civil unrest

Lebanon crisis wreaks havoc on Syria's war-torn economy

29 Nov 2019

AMMAN A financial crisis in Lebanon has hit the economy of neighbouring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows.

Jordan says began negotiations over new IMF program

29 Nov 2019

AMMAN Jordan has begun negotiations over a new three-year funding program with the International Monetary Fund (IMF) to stimulate growth that has been stagnant at about 2% for the last decade, the finance minister said on Thursday.

Jordan won't impose new taxes in new 2020 budget -finance minister

22 Nov 2019

AMMAN Jordan will not impose new taxes in its proposed 2020 budget but will seek other means including a crackdown on pervasive tax evasion to help boost revenues crucial to lowering record public debt, the finance minister said on Thursday.

Jordan's king tours enclave along Israel border after end of lease deal

11 Nov 2019

AMMAN Jordan's King Abdullah paid his first visit on Monday to an enclave fringing the country's northern border with Israel, a day after the expiry of a 25-year special regime that allowed Israeli farmers access to the area, official sources said.

Syria's oil minister says production unit in Banias refinery damaged in explosion

07 Nov 2019

AMMAN There was a large explosion in one of the production units of Syria's Banias refinery near the Mediterranean coast during maintenance operations, Syria's oil minister said on Thursday.

UPDATE 2-Syria's oil minister says production unit in Banias refinery damaged in explosion

07 Nov 2019

AMMAN, Nov 7 There was a large explosion in one of the production units of Syria's Banias refinery near the Mediterranean coast during maintenance operations, Syria's oil minister said on Thursday.

In major reshuffle, Jordan PM moves to push IMF-led economic reforms

07 Nov 2019

AMMAN Jordan's prime minister reshuffled much of his cabinet on Thursday, appointing a former palace adviser as finance minister as he pursues efforts to slash the country's debt under a tough economic reform program.

UPDATE 2-In major reshuffle, Jordan PM moves to push IMF-led economic reforms

07 Nov 2019

AMMAN, Nov 7 Jordan's prime minister reshuffled much of his cabinet on Thursday, appointing a former palace adviser as finance minister as he pursues efforts to slash the country's debt under a tough economic reform programme.

Lafarge Jordan Cement says cuts staff to stay in business

04 Nov 2019

AMMAN, Nov 4 Lafarge Jordan Cement said on Monday it was cutting 200 jobs to enable it to remain in business after accumulating losses of 62.2 million dinars ($87 million) from the closure of one plant and the partial shutdown of another.

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