Category: investment services
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First Jordan-Gulf Investment Conference to Explore Economic Opportunities
The First Jordan-Gulf Investment Conference, scheduled to take place next Wednesday at the Dead Sea, will focus on strengthening economic ties between Jordan and the Gulf Cooperation Council (GCC) countries. Organized by the Federation of GCC Chambers in collaboration with the Jordan Chamber of Commerce and supported by the GCC General Secretariat, the conference aims…
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JD1.25 billion targeted investments next year
The Ministry of Investment aims to attract new investment projects during the next year worth 1.25 billion dinars, in accordance with the strategic objectives of the ministry included in the draft budget law for next year. According to the draft budget law, the value of investments targeted to be attracted next year is 19% higher…
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Jordan’s Strategic Investment Vision: Catalyzing Economic Growth and Market Opportunities
Jordan is strategically positioning itself as the premier investment destination in the Middle East, implementing a comprehensive framework to attract substantial capital inflows and drive sustainable economic growth. The kingdom’s ambitious Economic Modernization Vision sets forth a transformative agenda targeting JD 41 billion in investment capital by 2033, with nearly three-quarters expected to originate from…
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MENA ICT Forum concludes with key recommendations for regional digital growth
The Middle East and North Africa Information and Communication Technology (MENA ICT) Forum 2024, held at the Dead Sea, concluded on Thursday with the announcement of vital recommendations aimed at enhancing regional cooperation and boosting global competitiveness in the technology sector. The forum, which brought together around 3,000 participants from 40 countries, provided a “significant”…
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10th edition of MENA ICT Forum 2024 to kick off next Wednesday
Under the auspices of His Majesty King Abdullah II, the activities of the 10th edition of MENA ICT Forum 2024 are scheduled to kick off next Wednesday at the Dead Sea. Organized by the Information and Communication Technology Association of Jordan (int@j), the event is held in partnership with the Ministry of Digital Economy and…
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King says attracting foreign investment a priority for Jordan’s economy
* His Majesty says Jordan will continue implementing administrative modernisation plans to improve business environment, attract investments * King indicates that Economic Modernisation Vision builds on Kingdom’s strengths, advantages, part of endeavor to boost economic growth, create job opportunities * Investors speak about their investments’ success stories in Jordan, underline their keenness to capitalize on…
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“Investors in the housing sector” expects more apartment sales in the coming period
The head of the Jordan Housing Developers Association (JHDA) Majed Ghosheh, expected, on Tuesday, that the housing sector would witness increase in sales following the Council of Ministers’ decision to exempt residential apartments from musaqqafat tax (tax on property) 50% for a period of 3 years for those who buy an apartment for the first…
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Clearance for electric vehicles declines by 73% since raising special tax
Clearance for electric vehicles has dropped by 73% since the implementation of the decision to raise the special tax on electric vehicles, according to the President of the Jordan Free Zone Investor Commission (JFZIC) Mohammad Bustanji. Bustanji said that the decline in clearance activity is due to the government’s recent decision to increase the special…
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Prime Ministry approves German Grant for National Water carrier Project
The Council of Ministers decided to approve a supplementary grant agreement between the government and the German Reconstruction Bank worth 15 million euros. As part of the interim contribution to financing the National Water Carrier Project between Aqaba and Amman for water desalination and transportation. The agreement comes as a continuation of the procedures for…
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Dhaman: Arab Region Attracts 1,129 Foreign Construction Projects Worth $430 Billion
The Arab Investment and Export Credit Guarantee Corporation (Dhaman) reported on Monday that Arab countries attracted 1,129 foreign construction projects between January 2003 and July 2024, with a combined investment value of approximately $430 billion, generating over 611,000 jobs. Dhaman’s statement highlighted that the UAE, Saudi Arabia, Morocco, Egypt, and Oman led in foreign investment,…