Category: investment services
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Investment Minister Details 2025 Strategy, Highlights Jordan’s Competitive Edge Amid Global Shifts
Minister of Investment Muthanna Gharaibeh said on Wednesday that Jordan is steadily advancing to cement its status as a reliable and competitive regional investment hub, despite the fast-evolving global economic landscape. In a statement issued following a dialogue session hosted by the Jordan Strategy Forum on Tuesday, Gharaibeh presented the Ministry’s strategy and flagship projects…
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Electricity storage enhances energy security and grows national economy- Experts
Energy experts stressed the importance of the recent Cabinet decision to implement the National Electric Power Company’s (NEPCO) electricity storage project using battery technology in enhancing energy security in the Kingdom and reducing reliance on unstable sources. They said the decision pushes toward providing more efficient and high-quality energy from local sources, which enhances self-reliance…
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Aqaba Unveils New Identity to Boost Tourism, Investment, and Community Development
Aqaba is stepping into a new era of tourism and investment as the Aqaba Special Economic Zone Authority (ASEZA) unveiled its new city identity, marking a significant milestone in its strategic vision to position the coastal city as a global hub for both sectors. Following a series of participatory consultations with local communities and various…
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Government Approves Extension of Green Hydrogen Production Project in Aqaba
The Cabinet has decided to approve the extension of the framework agreement signed between the government and “Fortescue Future Industries” for the green hydrogen and green ammonia production project in the Aqaba Special Economic Zone until March 31, 2026. The decision aims to reach a unified framework for the most advanced developers in fulfilling…
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‘AFESD plans $750 million in support to development projects in Jordan’
The Arab Fund for Economic and Social Development (AFESD) is planning to allocate around $750 million to support development projects in the Kingdom over the next year, to be administered in cooperation with regional and international partners, including the World Bank and the European Investment Bank. In remarks to the Jordan News Agency, Petra, Senior…
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FDI Inflows to Jordan reach $1.637 Billion in 2024, driven by Arab, Gulf investments
Preliminary balance of payments data showed that net foreign direct investment (FDI) inflows into Jordan reached approximately $1.637 billion in 2024, representing 3.1% of the country’s GDP. Arab countries accounted for 64.8% of total FDI inflows, with Gulf Cooperation Council (GCC) states contributing 32.5%. Among them are Kuwait, which topped the list with 9.1% of…
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Jordan Petroleum Refinery Company Modifies its Fourth Expansion Project Strategy
-The amendments reduce the project cost estimate to $1.7 billion from $3 billion. -A specific timetable has been set for the project to begin implementation by the end of November 2025.The Jordan Petroleum Refinery Company halts negotiations with the Chinese-Japanese consortium. The Jordan Petroleum Refinery Company announced a modification of its strategy for the fourth…
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JD. 367m Expected Investments in Telecom Sector This Year
An informed government source in the digital economy sector estimated yesterday invest will reach 367 million dinars in the Jordanian telecommunications sector this year, higher than last year. The source, who preferred to remain anonymous, confirmed that the increase in investment in the sector will reach 16 million dinars, an increase of 5% this year…
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Investment Ministry Issues Instructions for Granting Investor Card in 2025
The latest issue of the Official Gazette includes the 2025 instructions for granting the Investor Card in its three categories (A, B, and C) to investors and their family members. These instructions are issued in accordance with Article 17/B of the Investment Environment Law No. 21 of 2022. The Ministry of Investment introduced the Investor…
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Aqaba: Opening Investment Opportunities for Mineral Exploration
The Ministry of Energy and Mineral Resources has recently published reports detailing the available investment opportunities in several mineral deposits in various locations in Aqaba, southern Jordan. The aim is to open these areas to the private sector for exploration and investment. According to the ministry’s announcement, these areas include Wadi Mubarak, Jabal Bir Tanek,…