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Mansaf loans signal depth of Jordan s debt problem, say observers

 AMMAN A financing service provider’s advertisement to give out interest-free loans for mansaf, Jordan’s national dish, has stirred online controversy over the offer’s implications for Jordanian culture, especially during the month of Ramadan.The advertisement in question offered a three-month, interest free loan to be used for mansaf, in cooperation with a local dine-in and

Aqaba among Time Magazine s list of World s Greatest Places 2023

AMMAN Aqaba’s entry into Time Magazine’s list of World’s Greatest Places 2023, which was published on Thursday, brought added attention to Jordan’s only coastal city.Economists called for further promotion of Aqaba to increase inbound tourism to Jordan, noting that the global recognition will positively reflect on the Kingdom’s tourism sector.Time Magazine chose Aqaba as one

Deferring loan payments offers a window for boosting purchasing power, say commercial sector representatives

AMMAN Commercial sector representatives on Wednesday demanded the postponement of bank loan instalments for at least two months to help improve the purchasing power of citizens, especially during Ramadan.President of the Jordan Association for Restaurants and Sweet shops Owners Omar Awwad told The Jordan Times that people “do not have sufficient money and have many financial

More than 1 million children in Jordan in need of assistance — UNICEF report

AMMAN Additional aid to Jordan is vital, according to economists, after a UNICEF report highlighted that more than one million children in Jordan are in need of assistance.The recent UNICEF Syria Crisis Humanitarian Situation Report said out of 2.4 million people who are in need a figure which includes Syrian refugees and host communities 1.6 million are children.The

Stringent laws needed to address prevalence of water theft — economists

 AMMAN Economists have called for stringent law enforcement measures to avert cases of water theft in Jordan, as the phenomenon has become a daily occurrence.Economist Wajdi Makhamreh highlighted the importance of stiffening penalties for water theft as a deterrent measure. “We want tougher penalties for water thieves, and enhanced monitoring on main water pipelines. If

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