Latest news and articles about Jordanian economy from NEX English
Jordan's tourism sector is experiencing a significant downturn due to the ongoing war in Iran, which has negatively impacted visitor numbers. Official figures indicate that the sector supports approximately 60,000 direct jobs and an additional 300,000 related jobs.
The Jordanian Customs Department announced a revision of alcohol tax rates, now including the Aqaba region. This decision aims to regulate the market and enhance government revenues.
Reports indicate that Jordan is facing an escalating living crisis that could lead to public protests if the government does not take effective measures. The rising cost of living and prices present significant challenges for the government.
Jordan's Minister of Industry, Trade, and Supply, Youssef Al-Alauneh, emphasized the crucial role of company monitoring in enhancing the business environment and attracting investment in the kingdom. He highlighted the importance of this oversight in improving the investment climate and drawing in capital.
The Oman Stock Exchange recorded a trading volume of <strong>13.3 million dinars</strong>, reflecting notable activity in the financial market. This increase comes amid changing economic conditions.
Reports indicate that the profits of companies listed on the Amman Stock Exchange rose by <strong>9.9%</strong> during the first quarter of <strong>2026</strong>, reflecting an improvement in the country's economic performance.
Arab Potash Company announced a consolidated profit of <strong>173 million dinars</strong> for 2025, with revenues reaching <strong>726 million dinars</strong>. These results reflect the company's strong market performance.
The Jordanian Ministry of Industry and Trade announced a reduction in flour prices by <strong>8.4 dinars</strong> per ton, reflecting the government's efforts to alleviate the economic burdens on citizens amid challenging economic conditions.
The Oman Stock Exchange has recorded a trading volume of <strong>17.7 million dinars</strong>, reflecting significant activity in the financial market. This development comes as investors seek to capitalize on available opportunities.
The occupancy rate of tourist vehicles in Jordan has reached 30%, reflecting the challenges faced by the tourism sector in the country. These figures come at a critical time as the sector seeks to recover from the impacts of the COVID-19 pandemic.
The tourism sector in Jordan is currently experiencing a significant downturn due to the repercussions of the war on Iran, which has adversely affected air travel and hotel occupancy. The government faces pressure to take action to address this crisis.
Expectations are rising in Jordan for a fuel price increase of between <strong>8%</strong> and <strong>12%</strong> next month, raising concerns among citizens about the impact on living costs.
The Jordanian government announced an extension for renewing professional licenses without penalties, a decision welcomed by the Jordan Chamber of Commerce. This move aims to support the commercial sector and stimulate the national economy.
The Jordanian Phosphate Company has reported a significant rise in global contract prices, reflecting strong demand for its products. This development comes at a critical time when the global market is experiencing substantial fluctuations.
The Jordanian Senate has approved the 'Insurance Contracts Law' and returned it to the House of Representatives for further discussion. This law is part of efforts to enhance the insurance sector in the kingdom.
Jordan's Minister of Energy and Mineral Resources, Saleh Al-Dabbas, announced that exempting the floating storage vessel from fees will enhance national energy security. This decision is part of the government's efforts to stabilize energy supplies and boost the national economy.
Jordan is grappling with increasing economic challenges due to the repercussions of the Iranian war, which directly affects the country's economic stability. The Jordanian government is seeking new strategies to address these pressures.
Jordan's Prime Minister, Jaafar Hassan, announced a ban on air conditioning and heating in all government ministries and public institutions to address the country's economic challenges. This decision comes amid rising economic pressures and aims to reduce public spending and improve energy efficiency.
The government announced a gasoline price increase of only <strong>9 piastres</strong> instead of <strong>24 piastres</strong>, aiming to alleviate financial burdens on citizens amid challenging economic conditions.
The Oman Stock Exchange recorded a trading volume of <strong>13.8 million dinars</strong>, reflecting significant activity in the financial market. This performance comes at a time when the Jordanian economy is undergoing important transformations.
The European Chamber of Commerce in Jordan has announced new initiatives aimed at strengthening trade and investment cooperation between Jordan and European countries. This move reflects the Kingdom's efforts to boost its national economy and attract foreign investments.
Jordan's Minister of Government Communication, Mohammad Momani, affirmed that the kingdom is effectively managing regional events, emphasizing the importance of national security and mitigating crisis impacts.
The Jordanian government is under increasing pressure due to economic and security challenges stemming from the Iranian war. The potential declaration of a state of emergency has raised concerns among citizens, leading to a surge in food and fuel purchases.
The Jordanian government has announced an 11% increase in fuel prices as part of efforts to address the rising economic challenges stemming from the war in Iran. This decision aims to balance local market needs with global economic pressures.
The Jordanian government has announced a permanent plan aimed at regulating spending and protecting consumers. This initiative seeks to enhance economic stability and improve citizens' living standards amidst multiple economic challenges.
The Jordanian Oil Derivatives Pricing Committee announced a fuel price increase effective April 1, with a rise of up to 15%. This decision comes amid changing global economic conditions.
The Jordanian government has announced an increase in gasoline and diesel prices while keeping kerosene prices stable. This decision comes amid the difficult economic conditions faced by citizens.
The Jordanian government announced an increase in gasoline and diesel prices for April 2023, with some categories exceeding a 10% rise. This decision comes in response to the ongoing increase in global oil prices.
The Greater Amman Municipality announced a 50% reduction in allowances and bonuses as part of a comprehensive expense rationalization plan. This initiative aims to enhance financial efficiency and alleviate economic burdens.
The Jordanian Minister of Industry and Trade announced a comprehensive plan aimed at ensuring the availability of basic commodities and stabilizing their prices in the local market. This initiative comes amid the economic challenges facing the country.