Proceeds from Jordan International Food Festival 2025 to Support Gaza's Children - Jordan News
The board stressed the importance of such initiatives in stimulating tourism, generating employment, and boosting the national economy.
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Jordan News
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- Jordan News
Fayez: A National Effort Is Needed to Tackle Poverty, Unemployment, and Budget Deficit - Jordan News
President of the Jordanian Senate, Faisal Al-Fayez, met Thursday with a number of Jordanian experts and specialists in the fields of economy, renewable energy, agriculture, environment, water resources, and the optimal use of saline and deep water. اضافة اعلان During the meeting, Al-Fayez was briefed in detail on the economic feasibility of several studies prepared by the attendees, which aim to address Jordan's pressing economic challenges, alleviate unemployment and public debt, resolve the water crisis, and support the transition to cost-effective clean energy—if properly adopted and implemented. Al-Fayez stressed that Jordan's economic challenges require a comprehensive national effort to overcome them, reduce poverty and unemployment, narrow the public budget deficit, boost economic growth, and enhance self-reliance. He confirmed that all the studies presented will be referred to the relevant Senate committees for review and recommendation, after which the findings will be submitted to the government and followed up with stakeholders for implementation. He commended the presenters for their significant efforts and their commitment to strengthening Jordan's economic resilience. Dr. Mohammad Al-Farajat, one of the experts, presented a strategic study aimed at revitalizing the economy and strengthening national security for the period 2025–2030. The study, titled 'Toward Comprehensive Productivity, Financial Reconciliation, and Equitable Geographic Development,' outlines an approach to save up to 3 billion dinars. Al-Farajat emphasized that Jordan is facing a pivotal phase that requires a comprehensive national response to restructure the economy based on productivity, equity, and sustainability. His strategy calls for broad financial reconciliation to stimulate the domestic market, strategic investment in a new city and productive villages, equitable geographic development, and the strategic utilization of the eastern desert for security and development purposes. It also involves engaging future generations in development projects reliant on renewable energy and deep groundwater resources in the Badia region to reduce financial burdens and promote self-sufficiency, all while enhancing national security and attracting foreign investment. He explained that implementing the strategy would yield multiple benefits, including stimulating local markets, increasing liquidity, reinforcing social stability, reducing unemployment, and attracting foreign capital. Al-Farajat described the initiative as a new strategic path grounded in Jordan's realities and challenges—one that transforms public debt into a lever for sustainable green development, backed by climate justice. He viewed it as a historic opportunity to reshape the relationship between international financing and economic sovereignty while ensuring a more just and stable economic and environmental future.
Jordan News
12 hours ago
- Jordan News
Toyota Supports Ajarma's Journey to the World Cup Aboard a Land Cruiser Prado - Jordan News
Toyota Supports Ajarma's Journey to the World Cup Aboard a Land Cruiser Prado Markazia Toyota has signed a strategic partnership agreement with Jordanian adventurer Abdulsalam Al-Ajarmeh to support his initiative: 'The Loyalty Journey from Amman to the World Cup by Car.' The initiative aims to promote Jordan regionally and internationally, coinciding with the Jordanian national football team's historic qualification for the 2026 FIFA World Cup. اضافة اعلان The partnership was announced during a press conference held on Tuesday, 22 July 2025, at Markazia's Innovation Hub. The agreement was signed by Fares Haddad, General Manager of Markazia, in the presence of Dr. Abdul Razzaq Arabiyat, Director General of the Jordan Tourism Board. Al-Ajarmeh's journey is set to span over 60 countries across the globe over the course of one year, aboard the durable and reliable Toyota Land Cruiser Prado. The vehicle will serve as a mobile platform carrying the message 'Visit Jordan' in various languages. Promotional events about Jordan will be held in each destination, showcasing the country's tourism, economic, cultural, and investment potential, while also reflecting the kingdom's modern identity and celebrating the historic achievement of the Nashama national team. Commenting on the initiative, Haddad stated: 'We are proud to be part of this inspiring national initiative that reflects our pride in Jordan and our belief in supporting ambitious Jordanian youth. We are confident that the Toyota Land Cruiser Prado will be the ideal companion for this long journey, thanks to its robustness and exceptional reliability. We wish Abdulsalam great success as he travels the world en route to America and Mexico to support the Nashama at the World Cup.' Dr. Arabiyat added: 'This initiative offers a unique and exceptional opportunity to promote Jordan on the global stage by passing through dozens of countries and engaging directly with their people. It highlights Jordan's rich tourism, cultural, and natural diversity. We deeply value such national efforts that help share Jordan's civilized message with the world and support every initiative that opens new horizons to present the Kingdom as a unique destination worth discovering.' For his part, Al-Ajarmeh said: 'I named this initiative The Loyalty Journey to express my deep gratitude and loyalty to my beloved country, Jordan, and to follow in the footsteps of His Majesty the King and His Royal Highness the Crown Prince in showcasing Jordan's bright image to the world. I chose the 2024 Toyota Land Cruiser Prado for its strength and reliability, giving me confidence and peace of mind throughout this long journey to the World Cup. In every country, we will host events in major city squares, featuring large display screens showing promotional videos about Jordan, along with virtual reality (VR) experiences that allow people to virtually explore the Kingdom's beauty and landmarks. This effort aims to increase awareness and drive desire to visit Jordan.'
Jordan Times
12 hours ago
- Jordan Times
JBA, Rwanda ambassador discuss forming joint business council
AMMAN — President of the Jordanian Businessmen Association (JBA) Hamdi Tabbaa on Wednesday met Rwandan Ambassador to the Kingdom James Ngango to discuss establishing a Jordan-Rwanda business council. The council aims to boost economic relations, facilitate 'deeper' business cooperation between the two countries, explore ways to expand cooperation between the private sectors of both countries and develop trade and investment exchanges, especially in priority sectors of mutual interest, according to Jordan News Agency, Petra. Tabbaa stressed the importance of building 'strategic' partnerships between businessmen in Jordan and Rwanda, calling for the need to organise "reciprocal" economic delegations to highlight promising investment opportunities in the Kingdom, particularly in the sectors of agriculture, tourism and pharmaceuticals. He also highlighted the significance of enhancing communication channels between the business communities of both countries to facilitate the exchange of expertise and enhancing cooperation. Ngango welcomed the proposal to establish a Jordan-Rwanda business council, expressing Rwanda's interest in boosting economic cooperation with Jordan. He highlighted his country's commitment to encouraging investors from both sides to explore the available investment opportunities, reinforcing the intent to expand bilateral economic ties and collaboration between the private sectors of both countries. The diplomat said that Jordan offers an attractive investment environment and encouraging incentives, while Rwanda provides a stimulating investment climate and various facilities for foreign investors. He stressed the importance of increasing the volume of trade between the two countries and providing appropriate frameworks to support cooperation. The trade volume between Jordan and Rwanda reached some $3.4 million in 2023, compared with $2.4 million in 2022, according to Petra.
