Jordan's Leather and Garment Industry Exports Reach 90 Countries Worldwide - Jordan News
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83,000 trucks cross from Jordan into Syria, JCC says
Ammon News - Chairman of Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq, said on Thursday that approximately 83,000 trucks have crossed from Jordan into Syria since the fall of al-Assad regime on December 8, 2024, in addition to 16,800 cement trucks. During his meeting with the governors of Damascus and Rural Damascus, Haj Tawfiq noted that a new page of economic relations with Syria is opening, based on partnership and joint development. Haj Tawfiq added, according to Al-Mamlaka, that he hopes the Syrian-Turkish agreement on transit and crossings will include the Jordanian crossings as a trade corridor. The Jordanian-Syrian Economic Forum and the Digital Forum will be held at the end of July, he pointed out. Damascus Governor Maher Marwan praised Jordan's role in hosting Syrian refugees during the conflict, which has lasted for more than 14 years. Marwan said that Syria is ready to cooperate and facilitate trade relations with Jordan in coordination with the Damascus Governorate.
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Key Decisions of the Cabinet – Full Details - Jordan News
The Cabinet, in its session held today, Wednesday, chaired by Prime Minister Dr. Jaafar Hassan, approved new criteria for granting Jordanian citizenship or residency through investment, in accordance with the recommendations of the committee on investors. اضافة اعلان Under the new criteria, Jordanian citizenship will be granted to investors who purchase new shares in Jordanian companies worth no less than one million dinars. These shares must not be mortgaged, lent, or borrowed and must be purchased within four months from the date of approval issued by the Ministry of Investment. The full amount must be traded through licensed financial brokerage firms, with a concentration limit of 20% per company of the total required investment. The investor is not allowed to withdraw or dispose of any funds from the investment account, including trading profits, for a period of three years from the date of purchase. Citizenship will also be granted to investors who establish and register investment projects in any productive economic sector with a minimum paid-in capital of 700,000 dinars inside the capital governorate or 500,000 dinars outside of it, provided they create 20 jobs in the capital or 10 outside it for Jordanian nationals, according to records from the Social Security Corporation (SSC). The investor will be given a four-month grace period to complete the required job creation after the project becomes operational. During this period, a residency permit will be granted. Once the conditions are met, the investor will be issued a temporary Jordanian passport valid for three years, after which a recommendation for full citizenship will be made, contingent upon adherence to the stated conditions throughout the three-year period. Citizenship will also be granted to investors who purchase new shares in existing productive sector projects with a minimum paid-in capital of one million dinars, provided the project's new fixed tangible assets are worth at least 500,000 dinars. A feasibility study outlining expansion plans and a certified audited financial statement from the previous year must be submitted. The new investment must be reflected in fixed assets and inventory. The investor must create 20 new jobs for Jordanians, as per SSC records and specific job creation conditions set by the Cabinet. The shares must be held for three years, and the investor will receive a temporary passport for this period. Full citizenship will be granted after verifying compliance with the terms. For existing investments, investors who are partners or owners of one or more projects inside the capital governorate may be granted citizenship if their average share of fixed and tangible non-current assets over the past three audited years is no less than 700,000 dinars, and if they maintain at least 90% of the required Jordanian workforce monthly over three years, with an average of 20 Jordanian employees per month. Workforce from multiple projects within and outside the capital may be combined. For investments outside the capital, the average share of the investor's fixed and tangible non-current assets must be no less than 350,000 dinars, with at least 90% of required Jordanian employment achieved monthly over three years, averaging 10 Jordanian workers. In cases where a partner is introduced or ownership is transferred to a first-degree relative, citizenship may be granted to the new partner or owner, provided the original investor's shares are not disposed of for three years. If the investor has not yet completed the three years but meets all other criteria, they will be granted a temporary passport for the remaining duration until full eligibility is met. Citizenship may also be granted to investors in sectors such as pharmaceutical and medical device warehousing and logistics, with a minimum investment of 3 million dinars and at least 20 Jordanian employees (or 10 outside the capital), all registered with SSC and employed in the pharmacy profession. Citizenship will also be granted to investors employing 150 Jordanians in the capital or 100 in other governorates, registered with SSC for at least one year prior to application, and maintaining this employment for two consecutive years after receiving citizenship. Investor spouses, unmarried daughters, widowed or divorced daughters living under their care, and unmarried sons under 24, as well as dependent parents, may also be granted citizenship. If the investment exceeds two million dinars, male children under 30, their wives, and children may also receive citizenship. For residency, investors or non-investors can obtain or renew a five-year residency permit, regardless of prior residency duration, if they purchase real estate worth no less than 200,000 dinars (according to the Land and Survey Department's estimate) from a registered developer and retain it without selling or mortgaging it for five years. The permit is issued following a recommendation from the investors' committee at the Ministry of Interior. For residency renewal, the applicant must still own the same property or a newly purchased one of equal value. The application is reviewed by the technical committee and then referred to the Interior Minister's delegate at the investment window without requiring property freezing. The criteria specify that no investor may receive citizenship if they acquired shares from another investor who previously obtained citizenship through those shares. The policy will be applied to a maximum of 500 investors annually, following security vetting and financial solvency checks. If any condition is violated, the citizenship or residency may be revoked. These criteria will be reviewed and evaluated every six months. Additional Cabinet Decisions: Green Hydrogen Projects: The Cabinet approved a general framework and mechanism to develop green hydrogen projects. This includes assigning government entities to fund and build shared infrastructure in the Aqaba Special Economic Zone after entering binding agreements with developers. Ministries of Energy and Mineral Resources, Investment, and Finance are tasked with reviewing incentives and exemptions for green hydrogen components inside Aqaba to extend them nationwide. Self-Employment Loan Rescheduling: The Cabinet approved granting an additional grace period for group loan beneficiaries from the Development and Employment Fund (2016–2017), allowing them to separate liabilities and reschedule debts not previously addressed by past Cabinet decisions. Customs Service Fees: The Cabinet approved the justification for amending the 2025 customs service fee system on imported goods, including asphalt rolls, to protect local industries producing similar products and reduce dependence on imports. The move aims to level the tax burden on local and imported goods. Tax Settlements: The Cabinet approved the settlement of 858 pending tax cases between taxpayers and the Income and Sales Tax Department, continuing efforts to ease economic burdens and improve the business environment. Tourism Infrastructure: The Cabinet allocated funds to construct a road to the eco-lodge in the Yarmouk Forest Reserve (Bani Kenanah, Irbid) to enhance tourism infrastructure and promote eco-tourism investments. New Health Regulations Approved: Anesthesia Practice Regulation (2025): Sets conditions for licensing, roles of practitioners, and procedures for revoking or suspending licenses. Respiratory Therapy Regulation (2025): Establishes a legal framework for the practice of respiratory therapy, required following Cabinet recognition of it as a healthcare profession. Birth and Death Surveillance Regulation (2025): Establishes a national electronic system for tracking births and deaths to improve early maternal and infant care. Nutrition Practice Regulation (Amended – 2025): Regulates nutrition practice, enhances service quality, and specifies requirements for managing licensed nutrition centers. International Cooperation: The Cabinet approved a €5.5 million grant agreement with the Spanish Agency for International Development Cooperation to implement the 'Raya Initiative' to improve access to non-communicable disease (NCD) care in Zarqa. This includes rehabilitating health centers, providing equipment, and conducting awareness campaigns over four years. It also approved a second additional financing agreement worth $7.5 million with the World Bank for the 'Jordan Reform Management Support Project,' to support the implementation of economic reforms and public investment management under the Economic Modernization Vision.
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a day ago
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Jordan Records JD 171 Million Trade Surplus with the U.S. in First Third of 2025 - Jordan News
Amman – Jordan's trade balance with the United States recorded a surplus of JD 171 million during the first third of this year, according to foreign trade data issued by the Department of Statistics and reported by the Jordan News Agency اضافة اعلان National exports to the U.S. rose by 6.9%, reaching JD 701 million, compared to JD 656 million for the same period last year. Meanwhile, Jordan's imports from the U.S. amounted to JD 530 million in the first third of 2025, up from JD 404 million during the corresponding period in 2024—an increase of 31.2%. Accordingly, the total trade volume between the two countries grew to JD 1.231 billion, compared to JD 1.060 billion for the same timeframe last year. According to official data, exports to the U.S. accounted for 25.5% of Jordan's total national exports during the reporting period. Jordan's exports to the U.S. market are primarily focused on garments and related products, fertilizers and chemicals, pharmaceuticals, jewelry, food and animal products, information technology services, as well as engineering industries. On the other hand, Jordan's imports from the U.S. include mineral products, transport equipment, electrical and mechanical machinery, grains, chemicals, medical devices, processed foods, animal products, furniture, iron products, used clothing, vegetable oils and fats, and wood and wood products.
