Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

ACI exports up 50% in Q1

The Amman Chamber of Industry (ACI) exports have surged to a whopping 1.647 billion in the first quarter of 2022.
  • The United States, India, Saudi Arabia and Iraq imported JD940 million worth of ACI exports, which is more than half
  • India came first with JD373 million imported in the first quarter of 2022 compared to JD157 million in the same period of 2021

The Amman Chamber of Industry (ACI) exports have surged to a whopping 1.647 billion in the first quarter of 2022, up by 50 percent compared to the 1.097 billion in the same period of 2021.

The growth was driven by an increase in exports in the therapeutic sector and the medical supplies, dermatology and knitting sector which  witnessed a decrease of 23 percent and 13 percent, respectively, according to ACI statistics obtained by the Jordan News Agency (Petra).

The United States, India, Saudi Arabia and Iraq imported JD940 million worth of ACI exports, which is more than half.

India came first with JD373 million imported in the first quarter of 2022 compared to JD157 million in the same period of 2021, followed by the US with JD230 million compared to JD205 million, Saudi Arabia with JD181 million compared to JD160 million, then Iraq with JD156 million compared to JD130 million.

Exports were distributed as JD537 million to mining industries, JD308 million to chemicals and cosmetics, and JD234 million to engineering, electricity and IT sectors.

Catering, food, agricultural and livestock industries’ exports stood at JD177 million, therapeutic and medical supplies at JD122 million, and dermatology and knitting at JD95 million.

The remaining exports were JD72 million to plastic and rubber industries, JD70 million to packaging, paper, carton and office supplies, JD27 million to construction sectors, and JD5 million to wood and furniture industries.