Day: January 26, 2023

Doha, Jordan’s Ambassador to Doha, Zaid Muflih Lowzi, said His Majesty King Abdullah II’s summit with Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, reflects the “deep-rooted, historic” Jordanian-Qatari relations and affirms the two leaderships’ continued coordination on bilateral ties and regional and world issues.

Lowzi, in press remarks on Thursday, said the King’s visit to Doha gains its importance due to the region’s current “sensitive” circumstances, which require consultation and cooperation to face various challenges.

Lozi also noted Jordanian-Qatari summit, which was held Wednesday, carries “important” messages, as it confirms momentum of the “close” bilateral relations, which have always remained “solid and historic.”

In addition, he said the summit embodies the two countries’ direct and continuous coordination on Arab and Islamic issues, adding that mutual visits at the leadership level reflect the “solid” relations that are witnessing continued development.

The two leaders are keen to improve and strengthen bilateral relations in various fields, as Doha and Amman seek to achieve regional security and stability and play “pioneering” roles in defending the Palestinian cause and the legitimate rights of the Palestinian people by establishing their independent state on June 4, 1967 borders, with East Jerusalem as its capital, Lozi pointed out.

Jordan, he noted, “highly” appreciates Qatar’s continuous support for Hashemite Custodianship over occupied Jerusalem’s Islamic and Christian holy sites.

Bilateral relations are “remarkably” prosperous, thanks to the mutual desire to push them to “broader” horizons to achieve the two people’s hopes and aspirations, according to Lozi.

Source: Jordan News Agency

Amman, The Kingdom’s trade deficit rose by 26.8 per cent to JD9.854 billion during the first 11 months of 2022, up from JD7.774 billion in the same period of 2021, the Department of Statistics (DoS) said on Thursday.

According to a DoS report on foreign trade, the volume of Jordan’s total exports in the January-November period of 2022 increased by 35.2 per cent to JD8.107 billion, compared with the same period of 2021, which stood at JD5.997 billion.

The value of national exports increased until the end of November 2022, by 37%, or JD7.462 billion, compared to JD5.446 billion for the same period in 2021.

According to the DoS figures, value of re-exports amounted to JD644.8 million to end of last November 2022, marking an increase of 17.1%, compared to the same period in 2021, which amounted to about JD550 million.

As for imports, their value amounted to JD17.962 billion until end of last November 2022, constituting an increase of 30.4%, compared to JD13.771 billion for the same period in 2021.

On the monthly level, the value of Jordan’s total exports for November 2022 amounted to JD695.2 million, up by 4.3%, compared to the same month in 2021.

The value of national exports during last November 2022 amounted to JD640.2 million, up by 6.9%, compared to the same month in 2021.

Meanwhile, value of re-exports amounted to JD55 million during last November 2022, down by 18.8%, compared to the same month in 2021.

As for imports last November 2022, their value amounted to JD1.420 billion, marking a drop of 0.7%, compared to the same month in 2021.

As per the DoS data, trade balance deficit in November 2022 amounted to JD725.1 million, down by 5.1%, compared to the same month in 2021.

Source: Jordan News Agency

Amman, Jordan Enterprise Development Corporation (JEDCO) and Palestinian Trade Center (PalTrade) on Thursday signed a joint cooperation agreement aimed to achieving common goals to serve and benefit small, medium and emerging economic enterprises in both countries.

The agreement, which was signed by JEDCO Executive Director, Abdel Fattah Kayed, and PalTrade CEO, Rawa Jabr, also included pledges to make “greater” efforts to develop joint trade exchange and cooperation and benefit from the two countries’ possible investment opportunities targeting entrepreneurial, small and medium projects in the industrial, services, handicrafts and agricultural industries sectors.

As per the agreement, the two sides exchange visits of delegations, comprising representatives of the two countries’ various economic sectors.

The agreement also featured clauses focusing on launching economic activities aimed to support the business environment of entrepreneurial projects and examine possibility of kicking off support programs for small and medium enterprises (SME) in various sectors to serve Jordanian and Palestinian private sectors.

In addition, the agreement entailed launch of joint future programs between the two countries to stimulate business alliances and entrepreneurial projects.

Source: Jordan News Agency

Amman, His Royal Highness Prince Ali bin Al Hussein was on Thursday re-elected to serve a new term as President of the West Asian Football Federation (WAFF) that runs to 2027.

Prince Ali’s re-election came during meetings held by WAFF’s executive body today in Amman, according to the federation’s statement.

Source: Jordan News Agency

Amman, Value of Jordan’s imports of crude oil and mineral fuels rose by 54.6% during January-November period of 2022, the Department of Statistics (DoS) said on Thursday.

According to DoS foreign trade data, the value of Jordan’s oil bill amounted to about JD3.249 billion until the end of last November 2022, compared to JD2.101 billion for the same period in 2021.

Fuel and mineral fuels topped the Kingdom’s imports until the end of last November, amounting to JD897 million, followed by crude oil at about JD845 million, the DoS figures showed.

Meanwhile, the Kingdom’s gasoline imports amounted to about JD747 million, followed by diesel at about JD712 million, kerosene at about JD13 million and lubricants at about JD34 million.

Source: Jordan News Agency