Crossing Trebil
The Trebil border crossing between Jordan and Iraq was reopened in late August after being shut for over two years over security fears. Trade has begun to trickle, but it will be quite some time before Jordanian exporters are able…
Tag: exports
Working as One
If they really want to achieve sustainable economic growth, Jordan’s public and private sectors need to start seeing each other as allies rather than adversaries. By Laith Al Qasem Public–Private Dialogue (PPD) is an increasingly valuable tool that enables public…
Bringing Business to Jordan
A senior US trade official says American companies can play a crucial role in the Kingdom’s economic development. By Dina al Wakeel Last month, The US State Department’s Special Representative for Commercial and Business Affairs, Ziad Haider, headed a major…
Getting China Back on Track
Significant restructuring and rebalancing of China’s underperforming economy is needed before the country sneezes and we all catch a cold. China’s economy, long a reliable source of growth, has been experiencing a wave of economic difficulties that has created uncertainty…
New Trade Deal to Boost Exports to EU
Jordanian exports to Europe are expected to rise following a newly-inked deal that relaxes rules of origin requirements. A new trade agreement between Jordan and the EU, which is based around relaxed rules of origin rules, will enable industries in…
Easing EU Exports
The EU says its new Rules of Origin agreement with Jordan will give the Kingdom’s exports a much-needed boost and help ease the impact of the Syrian refugee crisis. By Dina Al Wakeel Hosting hundreds of thousands of Syrian refugees…
Border Closures Costing Jordanian Truckers Millions
Jordanian truck drivers have lost approximately JD600 million over the past five years due to the closure of borders with Iraq and Syria, the Jordanian Truck Owners Association said. The association’s president, Mohammad al Dawood, said overland journeys by truck…
Agriculture Primed for Turnaround
Jordanian farmers are set to benefit from new export routes and a drive to incorporate thousands of Syrian refugees into the domestic workforce. Oxford Business Group Despite high domestic production, food exports continue to be hampered by the closure of…
ACT’s Jeppe Jensen: Harboring Ambitions
Aqaba Container Terminal’s CEO says his company is working hard to support Jordan’s industries and develop Aqaba into the most sustainable gateway into the Levant. By Venture Staff Over the past decade ACT has grown to become a state-of-the-art mainliner…
APC 2015 Net Profits Surge 31 Percent
Arab Potash Company (APC) said its 2015 net profits rose 31 percent year-on-year to around JD131 million, while it also achieved a record production volume of 2.355 million tons over the same period. In a statement, APC’s chairman Jamal al…