Latest news with #JD
Jordan News
7 hours ago
- Business
- Jordan News
JD 744 Million: Retirement Bill Value in First Five Months of 2025 - Jordan News
The total value of Jordan's retirement bill for the first five months of 2025 rose by 3.9% compared to the same period last year, reaching JD 743.8 million, according to the June Monthly Financial Bulletin issued by the Ministry of Finance. اضافة اعلان The data showed that retirement payments for original retirees increased by 3.8%, reaching JD 632.8 million. Meanwhile, payments for heirs rose by 4.4% during the same period, amounting to JD 111.7 million. According to the bulletin, the total number of retirees as of the end of May 2025 reached 422,137, marking a 4.7% increase compared to the end of May 2024. The number of original retirees in the first five months of this year was 274,336, showing a 4.8% increase year-over-year. As for heirs, their number reached 147,801, rising by 4.4% compared to the same period last year.
Jordan News
11 hours ago
- Business
- Jordan News
Jordan's Steady Fiscal Path: A Balanced Approach to Growth and Debt Management - Jordan News
Amid ongoing global and regional economic uncertainty, Jordan continues to make meaningful strides in strengthening its fiscal position and preserving macro-financial stability. Recent figures underscore the effectiveness of the government's disciplined approach to debt management, fiscal consolidation, and monetary stability — all of which reaffirm investor confidence in Jordan's economic trajectory. اضافة اعلان According to the latest data released by the Ministry of Finance, by the end of June 2025, Jordan's public debt (net of Social Security Investment Fund holdings) had declined to approximately JD 35.3 billion, bringing the debt-to-GDP ratio down to 91%, a gradual but important improvement from the 93% level recorded earlier in the year. This reflects the government's prudent debt strategy, which favors diversified, lower-cost financing tools such as sukuk issuance and concessional borrowing, while simultaneously reducing exposure to high-yield international debt markets during a period of elevated global interest rates. On the monetary front, foreign reserves remain solid at USD 22 billion, offering comfortable coverage of 8 to 9 months of imports, while gold reserves have expanded to JD 5.455 billion, highlighting the central bank's proactive reserve management in response to persistent geopolitical and economic uncertainties. In terms of real economic performance, the Jordanian economy continues to show signs of resilience. GDP growth reached 2.7% in the first quarter of 2025, supported by structural reforms aimed at enhancing competitiveness and stimulating private sector activity. Inflation remains contained at 1.98%, underscoring the credibility of the Central Bank's monetary policy framework. Nonetheless, external sector imbalances persist, with the current account deficit standing at 7.7% of GDP — highlighting the need for continued efforts to boost export capacity and reduce reliance on energy imports. At the policy level, Jordan has maintained a careful balance between fiscal responsibility and social stability under the leadership of His Excellency Prime Minister Dr. Jafar Hassan and his economic team. Recent government initiatives — including tax reductions on vehicles, expanded healthcare allocations, and full coverage for cancer treatment — reflect a pragmatic policy approach. These efforts aim to mitigate the social impact of reform while staying aligned with the broader objectives of the Economic Modernization Vision. On the international front, Jordan's reform progress continues to receive strong recognition. The International Monetary Fund (IMF) recently concluded its third successful review under the Extended Fund Facility (EFF), unlocking a cumulative USD 595 million in disbursements to date. The Fund has commended Jordan's commitment to sound macroeconomic policies, structural reform, and fiscal discipline — all designed to build resilience, accelerate growth, and enhance job creation. A Model of Measured Reform Jordan's current trajectory showcases a measured and credible model of fiscal consolidation and structural reform. Amid heightened global volatility, the Kingdom's ability to preserve monetary stability, improve debt dynamics, and maintain steady growth signals a policy framework rooted in resilience, discipline, and long-term strategic clarity — a framework that continues to reinforce Jordan's reputation as a reliable and stable destination for investment in an otherwise uncertain region.
Roya News
13 hours ago
- Business
- Roya News
Gold prices in Jordan Saturday, July 19
Today, Saturday, gold prices in Jordan increased, according to the prices quoted by the Jordanian Jewelers Syndicate (JJS) on July 19, 2025. The purchase price for citizens of one gram of 21-carat gold stands at JD 68, with a selling price of JD 65.8 The purchase price of one gram of 24-carat gold is JD 78 with a selling price of JD 75.6 As for 18-carat gold, purchase and selling prices stand at JD 60.4 and JD 55.9 respectively.
Jordan News
2 days ago
- Business
- Jordan News
Gold Price for 21-Karat Reaches JD 67.80 in Local Market - Jordan News
Gold Price for 21-Karat Reaches JD 67.80 in Local Market The selling price of one gram of 21-karat gold, the most preferred by citizens in the local market, reached JD 67.80 on Wednesday morning at jewelry shops, while the buying price stood at JD 65.60. اضافة اعلان According to the daily bulletin issued by the General Syndicate of Owners of Jewelry and Goldsmiths Shops, the selling prices per gram for other gold purities were as follows: 24-karat: JD 78.00 18-karat: JD 60.30 14-karat: JD 45.80 — (Petra)
Yahoo
3 days ago
- Business
- Yahoo
JD.com, Inc. (JD) Stock Slides as Market Rises: Facts to Know Before You Trade
In the latest close session, Inc. (JD) was down 1.25% at $31.64. This change lagged the S&P 500's 0.32% gain on the day. Meanwhile, the Dow gained 0.53%, and the Nasdaq, a tech-heavy index, added 0.26%. Shares of the company witnessed a loss of 3.41% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 3.84%, and the S&P 500's gain of 4.51%. The investment community will be closely monitoring the performance of Inc. in its forthcoming earnings report. In that report, analysts expect Inc. to post earnings of $0.5 per share. This would mark a year-over-year decline of 61.24%. Our most recent consensus estimate is calling for quarterly revenue of $47.56 billion, up 18.61% from the year-ago period. For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.48 per share and a revenue of $180.25 billion, signifying shifts of -41.78% and +12.13%, respectively, from the last year. Any recent changes to analyst estimates for Inc. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 39.49% lower. As of now, Inc. holds a Zacks Rank of #5 (Strong Sell). In terms of valuation, Inc. is presently being traded at a Forward P/E ratio of 12.93. This denotes a discount relative to the industry average Forward P/E of 21.64. We can additionally observe that JD currently boasts a PEG ratio of 3.81. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Commerce industry had an average PEG ratio of 1.63 as trading concluded yesterday. The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 69, putting it in the top 28% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (JD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
