Category: partnerships
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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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Industry Minister: US Tariff Regime Global in Scope, Not Jordan-Specific
The new US tariff system represents a global trade policy affecting imports from numerous countries and is not specifically targeting Jordan, Industry and Trade Minister Yarub Qudah told Petra Sunday. “The tariff changes will impact Jordanian exports to the US market,” Qudah said, adding that the government has begun developing solutions to bolster the competitiveness…
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Shoubaki: Jordan is the most Arab country affected by Trump’s tariffs
Amer Shoubaki, an economic researcher specializing in oil and energy affairs, said that US President Donald Trump’s decision to impose a 20% tariff on US imports from Jordan threatens the future of Jordanian exports to the US market and strikes at one of the country’s most important drivers of industrial growth. Shoubaki pointed out that…
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520% Growth in Jordanian Exports to Syria
Jordanian exports to Syria increased by 520% in the first month of this year, reaching approximately 18,593 million dinars, compared to 2,995 million dinars in the same month last year, according to data from the Foreign Trade Report. The data showed a 9% decrease in imports from Syria during the comparison period, reaching 4,758 million…
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Customs: Strong Truck Traffic at the Jaber Border Crossing
Dr. Difaallah Abu Aqoula, the Head of the Jordanian Customs and Freight Forwarding Companies Syndicate, confirmed the active and strong movement of trucks using the Jaber border crossing, which connects Jordan with Syria. In a statement to the Jordan News Agency (Petra) on Tuesday, Abu Aqoula explained that the truck traffic through the Jaber crossing—whether…
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Ministers assess Jaber border needs amid rising traffic with Syria
Jaber border crossing to open 24/7 starting March 23 Minister of Public Works and Housing Maher Abul Samen and Minister of Interior Mazen Farayah on Monday visited the Jaber Border Crossing with Syria to assess its operational needs amid a surge in cargo and passenger traffic following recent political developments in Syria. Accompanied by Chairman…
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Jordan’s Imports by Countries of Origin During 2024 (Ranking)
Jordan’s Imports by Countries of Origin During 2024 (Ranking) (Value C.I.F in 000 J.D.) Country J.D. US$ % Total 19,110,399 26,916,055 100.00% I-1 China 3,662,473 5,158,413 19.16% I-2 Saudi Arabia 2,912,193 4,101,680 15.24% I-3 U.S.A. 1,330,584 1,874,062 6.96% I-4 U.A. Emirates 912,471 1,285,171 4.77% I-5 Germany 677,080 953,633 3.54% I-6 India 660,046 929,642 3.45% I-7…
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Jordan’s Exports to EU Rise by 4.4% in 2024
Jordan’s national exports to the European Union grew by 4.4% in 2024, reaching JD 427 million, compared to JD 409 million in 2023, according to foreign trade data from the Department of Statistics. Meanwhile, the country’s imports from the EU declined slightly by 0.5% last year, amounting to JD 2.861 billion, down from JD 2.874…
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Jordan’s trade balance with US reaches surplus of JD877mln in 2024-DoS
The Kingdom’s trade balance with the U.S. recorded a surplus of JD877 million last year, 2024. According to foreign trade data released by the Department of Statistics (DoS) and monitored by “Petra” showed a “significant” growth in national exports to the U.S. last year, reaching JD2.208 billion, compared to JD1.958 billion in 2023, marking an…
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Baghdad Chamber of Commerce Welcomes Opening of Commercial Office for Amman Chamber of Commerce in the Iraqi Capital
The Chairman of the Amman Chamber of Commerce, Khalil Al-Haj Tofig, emphasized the importance of activating the Memorandum of Understanding (MoU) signed between the Chambers of Amman and Baghdad during his meeting with the Vice President of the Baghdad Chamber of Commerce, Raad Breij. The MoU aims to serve the members of both chambers, enhance…