Latest news with #Jordanian
Roya News
an hour ago
- Business
- Roya News
Jordan's 151 pharmaceutical establishments expand global reach to 80 countries
Dr. Fadi Al-Atrash, representative of the Curative Industries and Medical Supplies Sector at the Jordan Chamber of Industry (JCI), stated that the Kingdom has now positioned itself among the world's most advanced countries in pharmaceutical and medical supplies manufacturing, with its products expanding from the local market to international platforms. Dr. Atrash emphasized that the sector enjoys strong support and attention from His Majesty King Abdullah II, which has provided it with the necessary foundation for development, modernization, and investment attraction. As a result, Jordanian products have gained global recognition for their high quality and competitiveness. He noted that the sector comprises 151 industrial establishments with a registered capital of JD 385 million, employing around 10,000 people directly and indirectly. Jordanians make up 95 percent of the workforce, and women represent 35 percent of all employees. The industry exports to around 80 countries worldwide. Atrash explained that the sector has seen significant progress over recent years, offering high-quality products that are well accepted both locally and internationally, thanks to innovation and the ongoing efforts of industrial institutions. The sector includes a wide range of products such as medical and therapeutic materials, pharmaceuticals, veterinary products, dental supplies, therapeutic preparations, medical disinfectants, laboratory reagents, medical devices, nutritional supplements, and vitamins. He also highlighted the sector's interconnected relationship with various medical institutions in the Kingdom, including hospitals, laboratories, medical analysis centers, specialized centers, and pharmacies. According to Atrash, the sector contributes about 4 percent to the national GDP and accounts for 11 percent of the total output of the manufacturing sector, with 51 percent of its production classified as value-added. He pointed out that Jordanian pharmaceutical products have received quality certifications and export approvals, and their expansion into global markets has positively influenced the growth of related industries such as packaging, engineering, energy services, and information technology. Atrash added that the sector has achieved remarkable progress in terms of production, exports, and technological advancement. Over the past 25 years, the sector's total annual output has grown to approximately JD 1.62 billion. The industry is composed of three main sub-sectors: human pharmaceuticals, veterinary pharmaceuticals, and medical supplies. Human pharmaceuticals represent 85 percent of the sector's total activity. He also noted that the sector's exports have doubled over the past ten years, reaching JD 612 million last year, a 15 percent increase compared to 2023. Key export markets include Saudi Arabia, Iraq, Algeria, and the United States. Speaking to the Jordan News Agency (Petra), Dr. Atrash emphasized that there are real opportunities for export growth, especially in light of the Economic Modernization Vision (EMV), which outlines key pillars for supporting the sector and boosting its contribution to the national economy. He noted that Jordan has wide export opportunities across various industries, with the therapeutic and medical supplies sector topping the list, offering an estimated USD 515 million in potential export value to global markets. Dr. Atrash also praised the role of the Jordan Food and Drug Administration (JFDA) in supporting and developing the pharmaceutical industry through the implementation of modern systems and regulations that have helped elevate the sector's standards.
Jordan News
an hour ago
- Business
- Jordan News
Smart Gates Coming Soon to Queen Alia Airport - Jordan News
The Ministry of Digital Economy and Entrepreneurship confirmed on Friday that the smart gates at Queen Alia International Airport will soon be operational, aiming to offer a "simpler, faster, and smarter" travel experience. اضافة اعلان In a post on the platform X, the ministry announced: "Coming soon to Queen Alia International Airport — a simpler, faster, and smarter travel experience. Get ready to take off through the smart gates." This announcement follows earlier statements by the Minister of Digital Economy and Entrepreneurship, Sami Al-Samarrai, who revealed on May 1st that five smart gates had been installed for arrivals and four for departures at the airport, and were in the trial phase. At the time, Al-Samarrai noted that the gates were scheduled to be operational by the end of June and would initially be designated for Jordanian citizens only, whether arriving or departing. This step is part of an effort to accelerate procedures and enhance the travel experience by utilizing the latest digital solutions.
Jordan News
an hour ago
- Business
- Jordan News
Jordan leads Japan's Expo 2025 visitor satisfaction poll - Jordan News
Jordan leads Japan's Expo 2025 visitor satisfaction poll According to a poll by the Japanese company Pia, the Jordanian pavilion at Expo 2025 in Osaka, Japan, accomplished a rare feat by rating top in visitor satisfaction. Jordan performed better than the pavilions of big nations, such Italy and the United States, which saw long lines and high attendance. اضافة اعلان Over 150 nations and international organizations are expected to participate in the expo, which will take place from April 13 to October 13, 2025. It is a worldwide forum for talking about upcoming issues in the domains of innovation, technology, healthcare, and the environment as well as presenting clever ways to raise people's standard of living. With a vibrant exhibit that showcases Jordanian innovation, culture, hospitality, and tourism, the country's pavilion is taking part in this international event. Thousands of tourists have loved this spectacle, which has helped to improve the Kingdom's favorable reputation abroad.
Jordan News
an hour ago
- Business
- Jordan News
21-Carat Gold Price Reaches 66.6 Dinars Locally - Jordan News
The selling price of 21-carat gold—the most in-demand by citizens—in the local market on Saturday reached 66.60 dinars per gram at jewelry stores, while the buying price stood at 64.40 dinars. اضافة اعلان The selling prices for other gold purities at jewelry shops were as follows: 24-carat: 76.40 dinars per gram 18-carat: 59.20 dinars per gram 14-carat: 44.90 dinars per gram Meanwhile, the price of a Rashadi gold lira (7 grams) stood at 463 dinars, while the English gold lira (8 grams) was priced at 530 dinars. President of the General Syndicate of Owners of Jewelry and Goldsmith Shops, Mr. Rabhi Allan, anticipated an improvement in local gold demand in the coming period, coinciding with the start of the wedding and festive season, as well as the return of Jordanian expatriates. Speaking to the Jordan News Agency (Petra), Allan noted that the yellow metal closed the week's global trading on Friday at $3,274 per ounce.
Ammon
2 hours ago
- Business
- Ammon
24 Jordanian companies participate in New York Fancy Food Show 2025
Ammon News - 24 Jordanian companies specializing in the food industry are scheduled to begin their participation in the Summer Fancy Food Show 2025 on Sunday in New York City. According to a statement issued Saturday by the Jordan Exporters Association (JEA), which is organizing the Kingdom's, the show is "one of the key international" food and beverage events in North America, due to the "wide" participation of exhibitors, buyers, and visitors from across the world. IEA Chairman, Senator Ahmed Khudari, said Jordan's presence in the three-day event is the association's 16th consecutive participation in this global show. Khudari added that the Jordanian pavilion will showcase a range of "high-quality" food products, mainly oriental desserts, spices, coffee, chocolate, canned Middle Eastern foods, and various soft beverages. Khudari noted the participation is part of the association's plans and programs to support and enable the Kingdom's industry to enter new markets and keep pace with the latest developments in this field, which contributes to the continued development and growth of Jordan's food industry. On its significance, he said the show constitutes an "important strategic" platform for Jordanian companies to showcase their products to a global audience and connect with major importers and distributors from various markets. Khudari added that this vision would contribute to enhancing "competitiveness" of Jordanian products and increasing their export opportunities. The event, he stated, is witnessing the participation of approximately 2,400 international exhibitors from 50 countries, presenting their products in more than 40 food categories. Khudari said the U.S. is "one of the strongest" destination markets in terms of purchasing power and a "promising" market for national exports, adding that multiple national products have the opportunity to enter the market and meet its needs, as the two countries signed a free trade agreement. Jordan has signed free trade agreement with the United States in 2000 and entered into force in 2010, aimed to strengthen ties of friendship and economic, commercial, and investment cooperation. According to official data, Jordan's exports to the United States last year amounted to JD 2.208 billion, marking a 13 percent increase compared to 2023. For his part, JEA Director General, Halim Abu Rahma, noted the Jordanian pavilion at the show since 2008 represents a "step" to enhance awareness of Jordanian products and network with major retailers and specialty food stores in the United States. Petra
