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Is Iran Smuggling Weapons From Jordan Into the West Bank?

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Reports emerged in early February that Fatah’s Tanzim military arm in the West Bank has been purchasing weapons smuggled from Syria through Jordan to arm itself for the succession battle when Palestinian Authority leader Mahmoud Abbas’s rule comes to an end. The reports may still be unconfirmed, but we should take note of what is going on in southern Syria, ... Read More »

Jordan ranks 4th in region on economic freedom index; experts outline shortfalls

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AMMAN: Jordan was ranked 4th among 14 countries in the Middle East and North Africa region (MENA) in the 2019 Index of Economic Freedom, but economists say more needs to be done to promote investment. The country has been awarded an economic freedom score of 66.5, placing it 53rd globally in the 2019 index, launched by the Heritage Foundation think ... Read More »

Ambassador leaves office in Brazil and returns to Jordan

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(MENAFN – Brazil-Arab News Agency (ANBA)) São Paulo ‒ The Jordanian ambassador in Brazil, Malek Eid Otalla Twal , left office this Friday (15) to return to his country of origin. The diplomat arrived in Brazil in the beginning of February 2014 and oversaw the embassy for five years. Previously he worked in countries such as Germany, France, Italy, Austria ... Read More »

Non-Jordanian ownership at the ASE reaches 51.6%

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AMMAN: The total value of shares bought by non-Jordanian investors in January was JD26.3 million, representing 29 per cent of the overall trading value, while the value of shares sold by the same bracket amounted to JD 26.1 million, according to the ASE website. Subsequently, net non-Jordanian investment in January reflected an increase by JD0.2 million, compared with a decrease ... Read More »

IMF to start 2nd review of Jordan’s economy

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AMMONNEWS: The International Monetary Fund (IMF) will start conducting the 2nd review of Jordan’s economy under a 700-million-U.S.-dollar Extended Fund Facility on Jordanian Ministry of Finance said in an emailed statement. The IMF mission will spend two weeks in Jordan meeting with several officials, including officials at the Finance Ministry and the Central Bank of Jordan. The IMF’s visit is ... Read More »

Trade worries sour CEOs’ mood as leaders converge on Davos

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Chief executives across the world have grown a lot more pessimistic about the global economic outlook due to trade disputes and tense relations between major powers, a survey showed on the eve of the World Economic Forum (WEF) in Davos. The Pricewaterhouse Coopers (PwC) survey of nearly 1,400 CEOs found that 29 per cent believe global economic growth will decline ... Read More »

Jordan buys 60,000 tonnes hard wheat in tender, optional origin

Workers unload sacks of wheat flour in a warehouse in Jordan March 12, 2003 as part of World Food Programme plans to preposition food aid before any war in neighbouring Iraq. [Officials from the U.N. agency expect they will need food supplies to feed up to 900,000 displaced people and refugees for two and a half months in countries bordering Iraq in the event of any hostilities.] - RTXLUXM

Jordan’s state grains buyer purchased 60,000 tonnes of hard milling wheat to be sourced from optional origins in a tender for up to 120,000 tonnes which closed on Tuesday, traders said. It was bought at $269.95 a tonne c&f for shipment in the first half of March. Seller was trading house Ameropa. Two other companies took part in the tender, ... Read More »

Jordan’s economy forecast to grow by 2.3% this year

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AMMAN: Jordan’s economy is expected to grow by 2.3 per cent in 2019 and witness a slight increase in 2020 and 2021, according to a World Bank report. In its “2019 Global Economic Prospects” report, the World Bank indicated that Jordan’s economy is expected to achieve a growth rate of 2.4 per cent in 2020 and 2.7 per cent in ... Read More »

Jordan Retrieves 58 Smuggled Antiquities from Canada

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The Jordanian Antiquities Department announced that a number of Jordanian smuggled artifacts that were confiscated by the Canadian authorities have been returned to Amman. The Department of Antiquities said in a statement: “The Jordanian Embassy in Canada has completed the procedures of returning archaeological artifacts to Jordan and commissioned a specialized shipping company to pack, secure and ship the pieces ... Read More »

Border Guards foil drug-smuggling attempt on eastern borderline

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AMMAN: The Eastern Military Zone on Monday foiled an attempt to smuggle large amounts of narcotics through the border, the Jordan News Agency, Petra, reported. The military forces implemented the rules of engagement after observing a vehicle trying to cross the Jordanian border, the source said. The smugglers escaped and the military forces inspected the vehicle and seized 702,000 narcotic ... Read More »

Jordanian army kills four smugglers crossing border from Syria

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AMMAN: Jordanian border guards killed four people and detained two others attempting to sneak into the Kingdom Sunday, the army said, adding that it had also foiled two bids to smuggle drugs. “An infiltration operation was foiled after watching six people attempt to cross the Jordanian (border),” an unnamed military official said in a statement. “The rules of engagement were ... Read More »

Jordanian arrested for plot to smuggle six Yemenis over the Mexican border

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A man from Jordan was arrested in New York City for attempting to smuggle six Middle Easterners into the United States by way of the Mexican border, according to the Justice Department. Moayad Heider Mohammad Aldairi, who resides in Monterrey, Mexico, was taken into custody at John F. Kennedy International Airport after disembarking an international flight. Several federal agencies accuse ... Read More »

Japanese businesses ‘keen on benefitting from Kingdom’s economic incentives’

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AMMAN: Representatives of major Japanese companies on Monday affirmed their keenness to expand their investments in Jordan in a number of vital sectors. Speaking in interviews with the press after meeting with His Majesty King Abdullah in Tokyo, executives of major Japanese companies who are members of the Jordan-Japan Friendship Association noted the incentives offered by Jordan’s economy to investors ... Read More »

Jordan says Israel wants to discuss border land deals

FILE PHOTO: Jordanian Foreign Minister Ayman Safadi speaks during a meeting with his Russian counterpart Sergei Lavrov in Moscow, Russia July 4, 2018. REUTERS/Sergei Karpukhin/File Photo

AMMAN: Jordan said Israel had asked for consultations on a special land deal agreed upon in their peace treaty that the Jordanian government wants to end. Under the peace treaty, two border areas were recognized to be under Jordanian sovereignty but gave Israel special provisions to use the land and allow Israelis free access. Jordan formally notified Israel two weeks ... Read More »

Jordan says Israel wants to discuss border land deals

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AMMAN: Jordan said Israel had asked for consultations on a special land deal agreed upon in their peace treaty that the Jordanian government wants to end. Under the peace treaty, two border areas were recognized to be under Jordanian sovereignty but gave Israel special provisions to use the land and allow Israelis free access. Jordan formally notified Israel two weeks ... Read More »

Jordan, Turkey Best of Friends, Moving to Sustain Free Trade Deal

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“Jordan and Turkey face common challenges. The two countries enjoy deep and distinguished ties and they need to join forces to work and cooperate for a better Middle East, a matter that will play a key role in fulfilling desired objectives,” the ambassador said on the occasion of the 95th anniversary of the founding of the Turkish Republic, which the ... Read More »

Indonesian businesses ink Jordan, Palestine contracts

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Six Indonesian companies have signed contracts worth US$21.4 million with their counterparts from Jordan and Palestine during the recent 33rd Trade Expo Indonesia (TEI) at the Indonesia Convention Exhibition (ICE) in Tangerang, Banten. The Indonesian companies signed the contracts with Jordan’s Al Bushnaq Trading Co. food & beverage company and Jozor Al Malayo for Import & Export, as well as ... Read More »

Murad, El Wakil examine ways to foster Jordanian-Egyptian economic ties

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AMMAN: President of the Amman Chamber of Commerce Issa Murad and Chairman of the Federation of Egyptian Chambers of Commerce Ahmed El Wakil discussed means to strengthen Jordanian-Egyptian economic relations, according to a statement of the Amman Chamber of Commerce. During a meeting at the chamber’s headquarters, Murad and El Wakil stressed the importance of enhanced networking between the two ... Read More »

Jordan PM reshuffles cabinet as IMF reforms come into focus

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Jordanian Prime Minister Omar al-Razzaz announced a cabinet reshuffle on Thursday as the government looks to push through reforms intended to revive stagnant economic growth and cut public expenditure. Al-Razzaz, a former World Bank economist, was appointed by King Abdullah II in June to replace Hani al-Mulki, who resigned to defuse a crisis that saw some of the largest protests ... Read More »

Murad, El Wakil examine ways to foster Jordanian-Egyptian economic ties

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AMMAN: President of the Amman Chamber of Commerce Issa Murad and Chairman of the Federation of Egyptian Chambers of Commerce Ahmed El Wakil discussed means to strengthen Jordanian-Egyptian economic relations, according to a statement of the Amman Chamber of Commerce. During a meeting at the chamber’s headquarters, Murad and El Wakil stressed the importance of enhanced networking between the two ... Read More »