Category: partnerships
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Jordanian Delegation to Visit UK to Strengthen Trade, Investment Ties
A Jordanian economic delegation is set to embark on a working visit to the United Kingdom on Monday to explore trade and investment opportunities between the two nations. The visit is organized by the Jordanian Businessmen Association and includes representatives from key sectors such as energy, finance, education, tourism, services, contracting, and general trade. According…
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Amman Chamber to Host Tunisian Trade Mission to Boost Economic Ties
The Amman Chamber of Commerce, in collaboration with the Tunisian Embassy in Jordan, is set to host a Tunisian trade mission on Wednesday. The delegation includes several commercial and industrial companies specializing in various sectors. According to a statement by the Chamber on Sunday, the mission will engage in meetings with Jordanian importers, traders, distributors,…
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Iraqi Business Council in Amman to Host Conference on Investment, Renewable Energy in January
The Iraqi Business Council in Amman is gearing up to host a major conference in January, focusing on “Investment, Renewable Energy, and Financing.. Towards a Sustainable Digital Future”. This event, organised in partnership with the Jordan Chamber of Industry, the Amman Chamber of Commerce and the International Finance Corporation (IFC), aims to showcase the vast…
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Hassan, investors talk Economic Modernisation Vision, private sector partnership
Prime Minister Jaafar Hassan told investors and economists on Sunday that the economic modernisation vision has been collectively developed and will be implemented in a participatory approach. In a dialogue session with investors and economists organised by the Jordan Strategy Forum, Hassan said his government is committed to working with the private sector to realise…
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Economic Implications of the Federal Reserve’s Interest Rate Cut on the Jordanian Economy
On November 7, 2024, the Federal Reserve (Fed) made a strategic decision to reduce the federal funds rate by 25 basis points, bringing it to 4.75%. This monetary policy move comes as part of the Fed’s efforts to stimulate economic activity amid slower growth and stable inflation in the U.S. economy. Given Jordan’s pegged exchange…
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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,…
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Jordan Chamber of Commerce to Host Inaugural Gulf-Jordanian Investment Conference
Under Royal Patronage, the Jordan Chamber of Commerce is set to host the inaugural Gulf-Jordanian Investment Conference on December 4, aiming to explore investment prospects in key strategic sectors aligned with Jordan’s Economic Modernization Vision. The conference will coincide with the 65th meeting of the Board of Directors of the Federation of Chambers of the…
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Trade with Arab Free Trade Zone Totals JD 5.628 Billion Through August 2024
Jordan’s trade volume with Arab Free Trade Zone countries recorded a substantial increase, reaching JD 5.628 billion in the first eight months of 2024, compared to JD 5.139 billion during the same period last year. The latest trade data shows Jordan’s exports to Arab Free Trade Zone member countries grew by 13.2%, totaling JD 2.297…
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Trade Balance with the U.S. Records JD 674 Million Surplus in Eight Months
Jordan’s trade balance with the United States achieved a surplus of JD 674 million from January through August this year, according to data from the Department of Statistics. Statistics obtained by the Jordan News Agency (Petra) revealed that national exports to the U.S. maintained robust growth, amounting to JD 1.504 billion by the end of…