Search Site

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

Jordan’s trade deficit with EU expands 12.9% to $3.77bn

Wholesale and Retail trade of Oman expanded by 15.5 percent.
  • Total trade deficit reached about JD2.671 billion ($3.77 billion) in 2021
  • The value of national exports to EU countries increased by 29.9 per cent during 2021

Jordan’s trade balance deficit with the European Union countries expanded by 12.9% in 2021 compared to 2020.

Total trade deficit reached about JD2.671 billion, ($3.77 billion) when figures for the same amounted to about JD2.364 billion ($3.33b) in 2020.

Additionally, the value of national exports to EU countries increased by 29.9 per cent during 2021 and reached about JD199 million ($280.68million).

The value for the same amounted to about JD153 million ($215.8m) in 2020, foreign trade data issued by the Department of Statistics, said on Saturday.

Also, the value of imports from the EU also increased in 2021 by 14 per cent, reaching about JD2.870 billion ($4.05b).

Compared to 2020, the imports value amounted to JD2.517 billion ($3.55b).

The data showed that Holland was the top importer of Jordanian products last year, reaching about JD39 million ($55m).

Germany was the EU’s largest exporter to the Kingdom, which amounted to approximately JD544 million ($767.3m), said the Department of Statistics.