Latest news with #FathiJaghbir
Zawya
5 days ago
- Business
- Zawya
Jordan's general industrial index grows by 2% in Q1 2025
AMMAN — The Kingdom's industrial index recorded a 2 per cent increase during the first quarter of 2025 compared to the same period last year, driven by 'strong' performance across various sectors and sub-indices. President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir said that the growth was achieved despite regional and international challenges that placed 'significant' pressure on the Kingdom, especially on its economic sectors, the Jordan News Agency, Petra, reported. He praised the resilience of the industrial sector, which has continued to grow and boost its presence locally and internationally. Jaghbir noted that the overall performance indicators reflect a 'noticeable' improvement and optimism within the sector. Based on feedback from industrial companies, over 60 per cent of industrial entrepreneurs expressed confidence in improved performance in the coming months, he said. The president added that this is seen as a 'positive' sign of ongoing trust in the industrial sector and its vital role in driving national economic growth. He noted that seven out of 10 industrial sub-sectors experienced positive growth during the first quarter. Leading the way was the chemical and cosmetics sector, which grew by 11 per cent, followed by packaging with 9 per cent, and leather and textiles with 7 per cent, he said. Jaghbir said that other sectors showing growth included plastics and rubber (6.6 per cent), construction (6.2 per cent), wood and furniture (4.2 per cent) and the food, agricultural and livestock industries (2.8 per cent). Regarding the sub-indices that comprise the overall index, Jaghbir noted that employment increased by 6.2 per cent, while industrial exports saw a rise of 15 per cent. The industrial production index grew by 2.7 per cent, and the industrial survey index improved by 6 per cent, he added. Jaghbir stressed that regional developments have introduced additional challenges and uncertainty for the industrial sector, reiterating Jordan's resilience and the sector's ability to turn these challenges into opportunities. He cited past crises as evidence of the sector's adaptability and strength. The JCI's Department of Studies and Strategies regularly publishes the index, providing insights into the sector's performance and outlook. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
6 days ago
- Business
- Zawya
Jordan: JCI urges industrial establishments to benefit from transformer subsidy programme
AMMAN — The Jordan Chamber of Industry (JCI) has called on industrial establishments across various sectors to benefit from the programme subsidising the cost of purchasing electrical transformers, supported by the Ministry of Energy and Mineral Resources through the Rural Electrification Directorate. The JCI said that the programme was launched following continuous follow-up by the chamber and with the support of Minister of Energy and Mineral Resources Saleh Kharabsheh, who expressed interest in expediting its implementation in response to the needs of the industrial sector and in support of its expansion plans. The chamber added that the programme aims to enable factories to develop their infrastructure and ease their financial burdens, the Jordan News Agency, Petra, reported. It allows factories located within industrial estates to obtain a subsidy covering 25 per cent of the cost of a transformer, with a maximum of JD60,000 per factory. Factories located outside industrial estates and outside regulated planning boundaries are eligible for a subsidy covering 100 per cent of the transformer's cost, up to a maximum of JD60,000. The programme excludes factories located within planning boundaries but outside industrial estates. JCI President Fathi Jaghbir stressed the importance of the programme as a 'practical' step to support the competitiveness of the industrial sector in the Kingdom, highlighting the chamber's commitment to facilitating access to various support programmes in cooperation with relevant government bodies. He noted that the chamber, through its Centre for Energy and Environmental Sustainability in Industry, is continuously receiving applications from factories and assisting them in completing the application requirements in direct coordination with the Rural Electrification Directorate at the Ministry of Energy and Mineral Resources. Jaghbir noted that since the beginning of this year, 16 factories have benefited from the programme, receiving a total of JD319,000 in subsidies. He stressed that efforts are ongoing to reach more eligible factories, with over 20 applications currently under review. The chamber urged factories wishing to benefit from the programme to contact the Centre for Energy and Environmental Sustainability in Industry at the chamber for guidance and assistance throughout all stages of the application process. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Jordan News
6 days ago
- Business
- Jordan News
Industry Chamber Urges Factories to Apply for Transformer Subsidy Program - Jordan News
Industry Chamber Urges Factories to Apply for Transformer Subsidy Program Amman – The Jordan Chamber of Industry (JCI) has called on industrial establishments across all sectors to take advantage of a government-supported program subsidizing the cost of purchasing electrical transformers, implemented by the Ministry of Energy and Mineral Resources through the Rural Fils Directorate. اضافة اعلان In a statement issued Sunday, the Chamber explained that the program is designed to support factory infrastructure development and ease financial burdens. Under the program, factories located within industrial cities are eligible for a 25% subsidy on transformer costs, up to a maximum of JD60,000 per facility. Factories situated outside both industrial cities and regulatory boundaries can receive full coverage 100% of transformer costs, also capped at JD60,000. However, the program excludes factories located within regulatory boundaries but outside industrial cities. JCI President Fathi Jaghbir underscored the program's importance in enhancing the competitiveness of Jordan's industrial sector. He underlined the Chamber's commitment to facilitating access to government support programs through continuous coordination with relevant authorities. Jaghbir noted that the JCI, through its Center for Energy and Environmental Sustainability in Industry, is actively receiving and processing applications from factories and providing assistance in completing all procedural requirements in cooperation with the Ministry's Rural Fils Directorate. He added that 16 factories have benefited from the program since the beginning of the year, receiving a combined total of JD319,000 in support. An additional 20 applications are currently under review. The Chamber encouraged all eligible factories to reach out to the Center for Energy and Environmental Sustainability for guidance and support in navigating the application process.
Zawya
19-06-2025
- Business
- Zawya
Jordan: Ministry of Transport, JCI discuss ways to sustain exports
AMMAN — Minister of Transport Wissam Tahtamouni on Wednesday met with President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir over ways to ensure the sustainability of Jordanian exports to foreign markets in light of the emerging regional conditions by providing appropriate logistical alternatives. The meeting, attended by several stakeholders, was held as part of the national framework to enhance economic readiness to face any developments that might affect the flow of goods and movement of foreign trade, the Jordan News Agency, Petra, reported. During the meeting, Tahtamouni stressed keenness of the ministry and its affiliated bodies to provide all forms of support and assistance to the industrial sector, which is a "key" pillar of the national economy. She stressed that the ministry's priority is to promote the flow of exports, especially in emergency and crisis situations. Jaghbir praised the efforts of the ministry in supporting national industries, stressing the importance of the "continuous" partnership between the public and private sectors to ensure the continuation of exports and overcome challenges related to transportation and supply chains. He said that the industrial sector has been and is still one of the "most prominent" supporters of the national economy, and that national exports today represent one of the "main" pillars in enhancing the balance of payments and providing job opportunities. Jaghbir said that the sector requires a 'flexible and safe' transport environment capable of facing any emergency. He added that the current regional conditions necessitate "alternative and proactive" plans that ensure the sustainable access of Jordanian products to other markets. Jaghbir expressed hope that the ministry will continue to support the sector through facilitating procedures and providing alternative routes when needed. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
18-06-2025
- Business
- Zawya
Jordan: ACI launches digital platform for industrial waste exchange
AMMAN — The Amman Chamber of Industry (ACI) on Sunday launched a digital platform for industrial waste exchange, the first of its kind in Jordan, in a qualitative step towards promoting circular economy practices and sustainability in the industrial sector. The platform, which was launched with the support of the German Agency for International Cooperation (GIZ) through the "Green Activities in Industrial Facilities" project, funded by the German Federal Ministry for Economic Cooperation and Development (BMZ), the Jordan News Agency, Petra, reported. It will contribute to transforming environmental challenges into real economic opportunities, said President of the Jordan and Amman Chambers of Industry Fathi Jaghbir, during a meeting at the chamber's headquarters. The platform seeks to stimulate industrial exchange between factories by offering reusable waste as raw materials in other industries, reducing waste, lowering costs and enhancing partnerships between sectors, according to a statement from Amman Industry. For his part, the Secretary General of the Ministry of Environment, Jihad Alswaier, pointed out that the transition to a green and circular economy has become a strategic and indispensable option for the Kingdom. He added that this transition can only be achieved through a sustainable partnership based on mutual trust between the government and the industrial sector, praising the launch of this waste exchange platform, where waste has become a "recoverable" resource, not a "worthless" waste. "Industrial Waste Exchange" is a digital platform that aims to enable industrial enterprises to display non-hazardous waste resulting from their production processes, and exchange it with other industrial enterprises that can use it as raw materials, thus enhancing industrial cooperation opportunities, achieving economic benefits and saving on waste disposal costs and purchasing raw materials. The platform will also contribute to minimising the environmental impact of industrial activity and stimulate innovation opportunities in the field of recycling and reuse, within an integrated framework of circular economy concepts © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
