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21-Karat Gold Price Stands at JD84 in Local Market

Amman: The selling price of a gram of 21-karat gold, the most popular among consumers in the local market, stood at JD84 at jewelry shops on Monday, compared with JD80 for purchases.

According to Jordan News Agency, the price bulletin issued by the …

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Jordanian Businessmen Association and Bulgarian Ambassador Discuss Trade and Investment Ties

Amman: Chairperson of the Jordanian Businessmen Association, Hamdi Tabbaa, met with Bulgarian Ambassador to Jordan, Metin Kazak, to explore ways to enhance trade and investment cooperation between the two countries.

According to Jordan News Agency, Tabbaa emphasized the need for stronger collaboration between private sector institutions in Jordan and Bulgaria to bolster economic ties, particularly by increasing Jordanian exports of vegetables and fruits to the Bulgarian market. He highlighted the significance of enhancing trade via land transport through Syria and Turkey, and expanding educational cooperation by increasing the number of Bulgarian students studying in Jordan, given the country's advancements in university and technical education.

Tabbaa also called for intensified engagement between business communities and private sector stakeholders from both countries to further economic cooperation. Kazak underscored the importance of strengthening economic relations and expanding trade, noting that Jordan's free trade agreements, including with the European Union, present opportunities that should be leveraged. He also stressed the need for trade delegations to exchange visits and enhance collaboration in tourism, agriculture, and education.

Trade between Jordan and Bulgaria reached approximately $39 million in 2023, up from $34 million in 2022. Jordan's exports to Bulgaria primarily consist of inorganic chemical products, vegetables, and fruits, while imports from Bulgaria include grains, electrical equipment, and wood.