Business

August 17, 2026

ICT sector generates $3.6b in revenue, 46,000 Jobs

AMMAN — The information and communications technology sector has grown into a $3.6 billion industry employing more than 46,000 people, underscoring its expanding role in investment, exports and the Kingdom’s broader economic modernisation drive. The figures were presented as the Information and Communications Technology Association of Jordan (int@j) marked its 25th anniversary under the theme “25 Years… One Network,” highlighting…
Read More »
August 17, 2026

‘Jordan-US Reciprocal Trade Agreement opens new phase of economic cooperation’

AMMAN — Industry, Trade and Supply Minister Yarub Qudah on Wednesday attended a dialogue session organised by the American Chamber of Commerce in Jordan (AmCham-Jordan) under the theme “Jordanian-American Economic Relations: A Business Leaders’ Vision.” The session brought together US Ambassador to Jordan Jim Holtsnider and representatives of Jordanian and American businesses, during which Qudah said the recently signed Jordan-US…
Read More »
August 17, 2026

Maersk lifts guidance after doubling Q2 profits

COPENHAGEN — Shipping giant Maersk raised its full-year earnings guidance Thursday as it reported a doubling of profits in the second quarter, driven by strong demand in Asia in particular. From April to June, net profit was $1.3 billion, up from $614 million a year earlier, the company said. Maersk said its profits rose even as the ongoing Mideast war…
Read More »
August 17, 2026

ARABOSAI marks 50 years of advancing Arab audit work in Jordan

AMMAN — The Audit Bureau on Thursday hosted the Golden Jubilee celebration of the Arab Organisation of Supreme Audit Institutions (ARABOSAI), marking 50 years of joint Arab auditing work and highlighting the need to modernise oversight in response to rapid technological and economic changes. The celebration is held under the patronage of Justice Minister Bassam Talhouni and themed “Towards a…
Read More »
August 17, 2026

Jordan-Saudi Business Council to convene in Amman this month

AMMAN — The Jordan-Saudi Business Council is set to hold a high-level meeting in Amman later this month, hosted by the Jordan Chamber of Commerce (JCC), with active participation from business leaders, investors and economic sector representatives from both nations. The upcoming gathering serves as a follow-up to the council’s previous meeting held in Riyadh last January, aiming to translate…
Read More »
August 17, 2026

Jordan, Ethiopia sign MoU to boost trade, investment cooperation

AMMAN — The Jordan Chamber of Commerce (JCC) and the Ethiopian Chamber of Commerce and Sectoral Associations have signed a memorandum of understanding (MoU) to strengthen economic, trade and investment cooperation between the two countries. The MoU is signed by JCC President Khalil Haj Tawfiq and Ethiopian Chamber of Commerce and Sectoral Associations President Sebsib Abajobir, establishes an institutional framework…
Read More »
August 17, 2026

Hotter Europe isn’t cooling investor fervour for stocks

PARIS, France — The heatwaves pummelling Europe this summer will have costly impacts on industries ranging from agriculture to tourism — but that hasn’t stopped stock markets from hitting all-time highs. For investors enthralled by soaring corporate profits, headlines about the painful consequences from climate change are largely just background noise, experts say. “The earnings season has been so strong,…
Read More »
August 17, 2026

Jordan, Pakistan chambers establish joint business council to drive trade, investment

AMMAN — Jordanian and Pakistani business chambers have agreed to establish a joint business council as part of a broader push to expand bilateral trade, unlock investment opportunities and build direct partnerships between companies in the two countries. The Jordan Chamber of Commerce (JCC) and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) signed a memorandum of understanding…
Read More »