Category: partnerships
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South Korean Ambassador Reviews Technical Program Development Project at Irbid University College
South Korean Ambassador to Jordan, Kim Pil-woo, accompanied by Kim So Young, Director of the Korea International Cooperation Agency (KOICA) in Jordan, visited Irbid University College, part of Al-Balqa Applied University, on Sunday to review the progress of the “Technical Program Development Project” funded by KOICA. During the visit, University President Dr. Ahmed Fakhry Al-Ajlouni…
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Energy Ministry signs MoUs for oil exploration, green hydrogen development
The Ministry of Energy and Mineral Resources and Tajanus Company signed two memoranda of understanding to conduct evaluation studies for the development of oil and gas exploration in the west Safawi and Sarhan areas. Minister of Energy and Mineral Resources Saleh Kharabsheh, who signed the agreement with the company’s general director Khalil Abu Al Rub,…
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“Arab Trade” Tops Jordan’s List of Trade Partners with JD 1.583 Billion
Four economic blocs dominated 91.3% of Jordan’s total national exports in the first half of this year, totaling JD 4.018 billion. Among the key trade partners were the countries of the Greater Arab Free Trade Area (GAFTA), the North American Free Trade Agreement (NAFTA) countries, non-Arab Asian countries, and the European Union countries. GAFTA took…
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Jordan’s exports to US rise 14.4% in first half of 2024
Jordanian exports to the United States increased by 14.4% in the first half of 2024, reaching JD1.071 billion, up from JD936 million during the same period last year. According to data from the Department of Statistics, Jordan’s trade balance with the United States showed a surplus of JD455 million in the first half of this…
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JEA: Jordan has ‘remarkable’ opportunities to increase industrial exports
Jordan has “remarkable” opportunities to increase and diversify its industrial exports to various export markets, especially to the United States of America, Canada and Brazil, Head of Jordan Exporters Association (JEA), Ahmad Khudari, affirmed. In remarks to “Petra” Saturday, Khudari said JEA is harnessing all its efforts and relations with various international institutions and concerned…
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Joint Committee Explores New Avenues for Jordan-Iraq Economic Growth
The 30th session of the Jordanian-Iraqi Joint Committee opened in Amman on Tuesday, marking a renewed commitment to bolstering economic ties and fostering regional cooperation. High-level discussions focused on enhancing collaboration across commercial, industrial, and service sectors, with both sides aiming to eliminate barriers that impede economic progress. The talks underscored the strategic importance of…
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Saudi-Jordanian Business Council Explores Investment Opportunities in “Amman Vision” Projects
The Jordanian Businessmen Association (JBA) on Monday hosted a remote meeting between the Greater Amman Municipality (GAM) and the Saudi-Jordanian Business Council. The purpose was to promote investment projects aligned with the “Amman Vision” and to explore enhanced economic and investment collaboration between Jordan and Saudi Arabia. In a statement released on Tuesday, Amman Mayor…
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Jordan’s exports to GAFTA reach JD1.26 Bln in five months
Jordan’s exports to countries within the Greater Arab Free Trade Area (GAFTA) saw a notable increase in the first five months of 2024, reaching JD1.260 billion compared to JD1.147 billion during the same period of 2023. According to figures picked up by the Jordan News Agency (Petra) based on foreign trade data from the Department…
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Jordan, Iraq extend oil supply MoU until June 2025
The Iraqi Council of Ministers has approved an extension of the memorandum of understanding (MoU) for the supply of crude oil to Jordan, Minister of Energy and Mineral Resources Saleh Kharabsheh announced on Sunday. The MoU, originally signed between the Iraqi Ministry of Oil and Jordan’s Ministry of Energy on May 4, 2023, will now…
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Jordan Hosts Singaporean Business Delegation to Boost Economic Partnerships
The Ministry of Investment organized a significant meeting between Singaporean business people specializing in infrastructure, water, energy, engineering consulting, integrated design, project management, and construction, and representatives of relevant government agencies and specialized companies from the Jordanian private sector. The meeting, according to a statement by the ministry on Sunday, follows up on meetings held…