Business

  • Why Tesla has been caught up in a massive car recall in China

    Hidden car door handles – the sleek designs often found on electric vehicles (EVs) – have come under the spotlight over the past week. That’s after China announced its biggest ever recall of cars, with more than four million vehicles – mostly Teslas – affected. The recall comes ahead of new regulations in China, requiring cars to have a mechanical release both…

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  • Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%

    Canada has announced counter-tariffs as high as 50% on a range of US goods in retaliation to the latest wave of levies on Canadian imports imposed by President Donald Trump last weekend. The Canadian tariffs will apply to nearly C$28bn ($20bn; £15bn) worth of American products, ranging from steel to furniture, fresh tuna and cotton T-shirts, officials announced on Tuesday.…

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  • Paris to host French-Saudi Investment Roundtable during MBS visit

    Paris will host the French-Saudi Investment Roundtable meeting on Monday, as part of Saudi Crown Prince Mohammed bin Salman’s visit to the country, the Saudi Press Agency (SPA) reported on Sunday. The roundtable will bring together senior government officials, business leaders, and CEOs of major companies from both countries, and it will feature discussions on industrial partnerships, transportation and logistics,…

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  • Amman to host 4th International Food, Food Tech Expo in September

    AMMAN — The fourth edition of the International Food and Food Tech Expo (INFTEXPO) is set to kick off on September 4 at the Amman International Motor Show on the Airport Road, drawing around 200 local, regional and international companies specialising in food manufacturing. The expo will be held under the patronage of Minister of Industry, Trade and Supply Yarub…

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  • Ericsson sees Jordan as strategic hub for digital growth, talent

    AMMAN — Jordan’s strategic location, skilled workforce and expanding digital infrastructure are strengthening its role as an important hub for Ericsson’s regional operations, according to Patrick Johansson, President and Head of Europe, Middle East and Africa at Ericsson. In an interview with The Jordan Times, Johansson said the company’s more than 40-year presence in Jordan, alongside the close relationship between…

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  • Int@j, EFE-Jordan to develop projects to support digital outsourcing, youth employment

    AMMAN — The Information and Communications Technology Association of Jordan (Int@j) and Education For Employment-Jordan (EFE-Jordan) discussed developing new projects to enhance young people’s readiness to join the digital outsourcing sector and strengthen the capacity of Jordanian technology companies to access international markets. During a coordination meeting, the two sides reviewed priorities for the next phase and mechanisms for building…

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  • Industrial sector records ‘strong’ growth, expands export base — JCI

    AMMAN — Jordan Chamber of Industry (JCI) President Fathi Jaghbir said that the industrial sector achieved a qualitative transformation across various indicators in recent years, including production, value added, exports and employment, reinforcing industry as a key driver of economic growth. Speaking at a press conference titled “Jordanian Industry… Four Years of Growth and Transformation,” Jaghbir said that industrial value…

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  • Remittances to Jordan rise 14.3% in H1 to $2.5b

    AMMAN — Expatriate workers’ remittances to the Kingdom rose by 13.3 per cent in June 2026 to $434.1 million, according to preliminary data from the Central Bank of Jordan (CBJ). Remittances during the first half of 2026 reached $2.4962 billion, marking a 14.3 per cent increase compared with the same period in 2025, the Jordan News Agency, Petra, reported. CBJ…

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  • JIEC unveils opportunities for Chinese industrial clusters

    AMMAN — The Jordan Industrial Estates Corporation (JIEC) confirmed on Saturday that it will offer Chinese investors the opportunity to establish specialised Chinese industrial clusters in the electrical, electronic, engineering and metal industries, among other sectors. The initiative follows His Majesty King Abdullah’s meetings with major Chinese industrial companies, during which he invited them to invest in the Kingdom. Industrial…

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  • Orange Jordan Sponsors the National Sumo Championship to Promote Youth Excellence in Tech and Innovation

    Organized by Applied Science Private University & Ideal Ideas Foundation: Orange Jordan sponsored the Jordan National Sumo Championship, reaffirming its commitment to empowering young Jordanian talents and supporting their innovations across various digital landscapes. Jointly organized by the Faculty of Information Technology at the Applied Science Private University and the Ideal Ideas Foundation for Educational Services and Consultations, the competition…

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