Category: partnerships
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Jordan-Iraq electricity interconnection to go live on Saturday
The electricity interconnection between Jordan-Iraq is set to operate next Saturday, National Electric Power Company (NEPCO) Director Amjad Rawashdeh announced on Thursday. Rawashdeh said that the power line, operating at a voltage of 132 kilovolts, will establish a connection between the Risha Power Station in Jordan and the Rutba Power Station in Iraq, which is…
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Rise in Jordan’s exports to EU, Arab Free Trade Area, North America amidst Asian market decline — DOS
The Department of Statistics (DoS) announced on Thursday that the value of national exports to the EU increased in January to JD37 million, compared with JD23 million for the same month last year, driven by an increase in Jordanian exports to The Netherlands, totalling JD13 million. National exports to the Greater Arab Free Trade Area…
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Mahafzeh, KOICA head talk educational cooperation
Minister of Education, Dr. Azmi Mahafzeh, and Country Director of the Korea International Cooperation Agency (KOICA) Jordan Office, Soyoung Kim, discussed joint cooperation, currently implemented mutual projects and future cooperation opportunities. Briefing KOICA head on the ministry’s responsibilities, Mahafzeh pointed to a plan to develop a ministry-implemented educational process that features developing Jordan’s vocational education…
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The Italian Design Day 2024 in Amman
The Italian Embassy and the Italian Trade Agency (ITA) are glad to announce the 8th edition of the Italian Design Day (IDD24) in Amman. The Italian Design Day offers an impressive program of promotional events all over the world, promoted by the network of Embassies, Consulates, Italian Cultural Institutes and ITA Offices. The overarching theme…
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Jordan’s exports to Saudi Arabia jump to JD984 million
Jordanian exports to Saudi Arabia increased last year to JD984 million, representing a 17.1 percent rise compared to JD840 million in 2022. This surge solidified Jordan’s position at the top of the list for exports to countries in the Greater Arab Free Trade Area. In contrast, Jordan’s imports from Saudi Arabia decreased by 11.6 percent…
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Kingdom’s exports to EU decrease by 6.4%, imports by 7.1% in 2023
Jordanian exports to the European Union (EU) countries witnessed a 6.4 per cent decrease in 2023, amounting to JD409 million, compared with JD437 million in 2022. According to foreign trade data released by the Department of Statistics (DoS ) on Monday, the Kingdom’s imports from EU countries saw a drop of 7.1 per cent, amounting…
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Jordan’s Trade Surplus with US Hits JD814 Mln in 2023
Jordan’s economic ties with the United States demonstrated resilience in 2023, with the trade balance registering a surplus of JD814 million, according to recent data released by the Department of Statistics. Figures revealed that the volume of trade between the two countries amounted to JD3.150 billion in 2023, marking a slight increase from the JD3…
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European Bank Plans to Boost Annual Investments in Jordan to $100mln Annually
First Vice President of the European Bank for Reconstruction and Development, Jurgen Rigterink, expressed on Wednesday the bank’s intent to increase its investments in Jordan to over $100 million annually, focusing on energy, water, renewable energy, and sustainable initiatives. In an interview with the Jordan News Agency (Petra), Rigterinck stated that Jordan’s medium-term economic growth…
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IFC Pushes Forward Development in Jordan with New Agreements
The International Finance Corporation announced an increase in its support for the private sector in Jordan to implement the Economic Modernization Vision, signing three agreements within the framework of the partnership with the government of the Netherlands. These agreements aim to enhance women’s participation in the labor force, encourage green buildings, and promote entrepreneurship, especially…
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World Bank funds jobs, education, and water in $3.9B Jordan portfolio
On Sunday, the World Bank confirmed that its active portfolio in Jordan comprises 16 projects with a total value of $3.9 billion in the form of loans, concessional financing, and grants as of the end of January. This expanded portfolio aims to support Jordan’s Economic Reform Activity (ERA), enhance climate resilience, and strengthen its response…