The Foreign Direct Investment (FDI) in Jordan amounted to $622 million in 2021, constituting 1.2 percent of the Arab region's total FDI. The Arab Investment and Export Credit Guarantee Corporation (Dhaman) issued data Tuesday which confirmed this. The Arab region's FDI in 2021 went up by 42 percent to $53...

Jordan's Ministry of Energy signed an MoU with a local company to explore for copper and it also signed another MoU with a Turkish company to explore for gold

Jordan has foiled an attempt to smuggle drugs into the kingdom from its border with Syria, seizing 900,000 Captagon pills and hashish.

ADQ of Abu Dhabi and Jordan have set up a $100 million technology venture capital fund (the Fund) to bolster tech companies in the kingdom's digital economy. ADQ is reinforcing its commitment to investing in advancing core sectors of the Jordanian economy and enhancing the global technology ecosystem. The Fund...

The UAE wants to boost cooperation with Egypt and Jordan in the financial sector in order to achieve sustainable growth in the region, according to Khaled Mohamed Balama, the Governor of the CBUAE.

Jordanian Crown Prince Al Hussein bin Abdullah II discussed bilateral ties with Kuwaiti Crown Prince Sheikh Meshal Al Ahmad Al Jaber Al Sabah on Tuesday.

Amman Chamber of Commerce (ACC) said that the total value of exports during the January-May period 2022 amounted to JD339 million, compared to JD248 million for the first five months last year. According to the ACC's statistical data announced on Sunday, the number of ACC certificates of origin issued during...

Jordan's trade balance with the United States registered a surplus of JD105 million ($147.85 million) in the first quarter of 2022, according to the latest foreign trade statistics. Data released by the Department of Statistics on Sunday noted that the national exports to the United States increased by six percent...

The Ministry of Energy and Mineral Resources on Sunday inked an MoU with a local company to explore for copper in the Dana region of Jordan's south. Another MoU with a Turkish company was signed to explore for gold in the Abu Khashiba region, also south, media reports said. The...

The deal worth $185m makes PIF a strategic investor in the group.

Less than a week after the signing of the Industrial partnership for Sustainable Economic Growth, ministers from the UAE, Egypt and Jordan have met for the first time to discuss a roadmap for taking the new partnership forward.

Jordanian companies forged trade partnerships during their participation in the APAS Show 2022, an annual food and beverages exhibition held southeast of Brazil in Sao Paulo. Seven companies participated in the Jordanian pavilion, which was organized by the Jordanian-Brazilian Business Association and Jordan Exports, a public-private institution that coordinates national...

The decision to bring some relief to people follows in light of the high prices of vegetable oils globally.

The figures showed that 60,640 of the visitors were of foreign nationalities, while 25,670 were of Arab and Jordanian nationalities.

A joint panel of the two countries discuss the mechanism to develop and modernize previous agreements related to maritime transport.

Jordan ranked first in the Arab world and 32nd globally on the budget transparency, according to the Open Budget Survey (OBS) 2021, which was published by the International Budget Partnership. Jordan scored 61 out of 100, exceeding the global average of 45 out of 100, according to the International Budget...

Jordan's oil bill went up by 49.1 percent in Q1 2022, compared to the same period in 2021, the Department of Statistics (DoS) said Monday. The report said the value of the oil bill in Q1 2022 increased to JD761 million compared to JD510 million in the same period of...

Jordan and the United Arab Emirates (UAE) have discussed exchanging expertise between them, especially in the field of accreditation and quality assurance in higher education institutions. The meeting was held between Accreditation and Quality Assurance Commission for Higher Education Institutions (AQACHEI) president Thafer Assaraira, and Education and Technology Sciences attaché...

Egypt has set its eyes upon doubling exports to $100 billion in the next few years, and building a 'strategic stockpile' of all major commodities to cope with emergencies. Speaking to media Mostafa Madbouly, Prime Minister of Egypt, said : "Today, we witness, through the launch of Industrial partnership for...

The countries allocated a US$10bn investment fund, to be managed by ADQ Holding, to accelerate the partnership objectives.

Abu Dhabi Development Fund for Development has financed AED6.5 billion worth of development projects in Jordan.

Al-Daghmi said Hashemite leadership had built Jordan hand in hand with his sons to be a model in the Arab region.

Medium- and low-income Jordanian families spend 45 per cent of their income on food, and are the most impacted group by high prices

The Central Bank of Jordan (CBJ) on Thursday decided to increase the interest rate on its various monetary policy instruments by 50 basis points, effective Sunday, May 8. Local media reports said the decision comes in line with the CBJ's objective to maintain monetary and financial stability in Jordan, and...

Jordan witnessed active tourist movement during the vacation, Ministry of Tourism and Antiquities spokesperson Ahmad al-Rifae said.

A Jordanian court on Wednesday sentenced a fugitive uncle of King Abdullah II to 18 years in prison in a corruption case, a judicial official said. Walid al-Kurdi had already been jailed for more than 37 years in 2013 for "abuse of office," after he had fled to the United...

Jordan Free and Development Zones Group Director Arwa Hiyari said the beach project is aimed at diversifying tourism.

The three leaders discussed the developments taking place in Jerusalem and Al-Aqsa Mosque, stressing the need to stop any practices that violate the sanctity of the holy mosque.

Khasawneh said the World Bank had confirmed that Jordan’s economy is more immune to the Russian-Ukrainian crisis.

King Abdullah stressed that maintaining calm requires Israel to respect the historical and legal status quo in Al Aqsa Mosque.

According to the statement, a Jordanian-Azerbaijani Economic and Investment Business Forum will be held in the coming period

Jordan Minister of Investment, Khairy Amr, said the government seeks to turn Jordan into a destination for foreign and Arab investments.

NEPCO Director Amjad Rawashdeh has called the linkages a model for Arab countries.

Jordan and Turkey will jointly mine copper in Abu Khashaba Canyon and Ghor Fifa in Southern Jordan. Jordan’s Ministry of Energy and Mineral Resources and Turkey's "Solvest Trade and Industry Limited Company" on Wednesday signed a memorandum of understanding (MoU) regarding the same. The deal was signed by Energy Minister...

The decision also grants visa holders a temporary three-month stay that is obtained directly at border posts on each trip.

President of the Jordan and Amman Chambers of Industry Fathi Jaghbir said Saturday that the National trade window to facilitate investments and improve the business environment is a key reform leap.

The total real estate trading volume in Jordan by the end of March reached JD 1.414 billion ($1.6 billion). The real estate trade volume in the North of Amman Land Registration Directorate amounted to JD272 million at the end of the first quarter of this year, ranking first among the...

Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when it comes to power generation.

"I had the great honour of serving my beloved country and dear people in this capacity throughout the years of my life," he wrote.

The numbers come from a quarterly statistical report released on Sunday by the Department of Statistics.

Jordan’s Deputy Prime Minister Ayman Safadi and US Secretary of State Antony Blinken discussed the new MoU for the strategic partnership between the two countries.

At the meeting, the two sides called for intensifying visits by trade delegations from both countries and increasing the number of conferences.

Jordan's King Abdullah II landed in Ramallah on Monday to meet Palestinian president Mahmud Abbas, in his first trip to the Israeli-occupied West Bank since 2017, Abbas's office said. The visit also comes less than a week before Ramadan, which last year saw waves of violence across the West Bank.

The announcement came after the minister met members of the Jordanian Poultry Producers Association on Sunday.

In a circular, Prime Minister Bisher Khasawneh called for observing the sanctity of the holy month.

The Ministry of Energy and Mineral Resources and the United States Agency for International Development (USAID) in Jordan have launched a project to support the kingdom's energy sector. Jordanian media reports said the USAID-funded project valued at $40 million will be implemented over a five-year period, citing a statement from...

Jordan imports crude from Iraq under an MoU that was signed by the two governments on January 28 last year.

UNFPA reviewed key areas of cooperation with Jordan in the health sector, particularly during the COVID-19 pandemic.

Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the rankings among the Arab countries.

Secretary-General of the Ministry of Investment, Zaher Qatarneh held a virtual meeting with a group of Jordanian businessmen in China.