Housing Bank Launches Green Financing Programs for Corporate Clients in Jordan - Jordan News
This initiative is part of the bank's broader strategy to integrate sustainability into its core operations, reflecting its dedication to expanding its portfolio of financing tools that support sustainable growth. By focusing on green projects—each of which the bank believes is worthy of funding—these programs contribute to the transition toward a low-carbon economy.
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Jordan News
12 hours ago
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Proceeds from Special Vehicle Plate Sales Allocated to University Student Fund - Jordan News
Proceeds from Special Vehicle Plate Sales Allocated to University Student Fund The Council of Ministers has decided to allocate all proceeds from the sale of special vehicle plate numbers, regardless of their code, sold via auction by the Driver and Vehicle Licensing Department, to support the University Student Fund starting from the upcoming academic semester. اضافة اعلان This is in addition to the amount already designated for the fund in the state budget, which the government increased by 50% this year to reach 30 million Jordanian dinars. The decision was made during a Cabinet session held on Saturday, chaired by Prime Minister Dr. Jaafar Hassan, during which amendments were also approved to the vehicle plate system. — (Petra)
Jordan News
12 hours ago
- Jordan News
National Exports Grow by 9.2% in First Five Months of 2025 - Jordan News
National Exports Grow by 9.2% in First Five Months of 2025 Jordan's national exports rose by 9.2% during the first five months of 2025, while re-exports increased by 2.3%, compared to the same period in 2024, according to the monthly foreign trade report released by the Department of Statistics. اضافة اعلان The report indicated that total exports rose by 8.5% during the same period. This growth occurred alongside an 8.6% increase in imports, resulting in an 8.6% rise in the trade deficit during the first five months of 2025 compared to the same period in 2024. The total export value during this period reached 3.938 billion Jordanian dinars, with 3.578 billion dinars from national exports and 360 million dinars from re-exports. Meanwhile, imports totaled 8.135 billion dinars. As a result, the trade deficit (the difference between total exports and imports) reached 4.197 billion dinars in the first five months of 2025, up from 3.865 billion dinars during the same period in 2024. In May 2025 alone, total exports amounted to 901 million dinars, including 826 million dinars in national exports and 75 million dinars in re-exports. Imports for the same month stood at 1.581 billion dinars, resulting in a trade deficit of 680 million dinars for May. Compared to May 2024, total exports increased by 2.4%, with national exports rising 4.8%. However, re-exports fell by 18.5%, and imports decreased by 5.6%, leading to a 14.5% reduction in the trade deficit for the month. Export Coverage Ratio The export-to-import coverage ratio stood at 48% for the first five months of 2025—the same as in the same period in 2024. For May alone, the coverage ratio rose to 57%, up from 53% in May 2024—an improvement of 4 percentage points. Sectors Driving Export Growth The increase in national exports was primarily driven by sectors such as: Apparel and related accessories Nitrogen or chemical fertilizers Pharmaceutical preparations Raw potash These gains helped offset declines in: Precious jewelry Raw phosphate On the imports side, increases were recorded in: Precious jewelry Machinery and mechanical tools Electrical equipment Grains However, decreases in crude oil and derivatives and vehicles and motorcycles helped curb the overall rise in imports. Key Trade Partners Jordan's national exports rose to several key regions and countries, including: Greater Arab Free Trade Area countries (notably Saudi Arabia) North American Free Trade Agreement (NAFTA) countries, including the United States Non-Arab Asian countries, such as India European Union countries, including Italy Imports also increased from the same regions and partners, particularly: Saudi Arabia The United States China Italy This data reflects broader trends in Jordan's trade landscape and underscores the country's growing engagement with key global and regional markets.
Jordan News
12 hours ago
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Gold Prices in Local Market: 21-Carat at 67.6 Dinars - Jordan News
Gold Prices in Local Market: 21-Carat at 67.6 Dinars As of Sunday morning, the selling price of 21-carat gold in the local market reached 67.6 Jordanian dinars per gram at jewelry shops, while the buying price stood at 65.4 dinars. اضافة اعلان According to the daily bulletin issued by the General Syndicate of Owners of Trade and Jewelry Shops, the selling prices for other gold purities were as follows: 24-carat: 77.6 dinars per gram 18-carat: 60 dinars per gram 14-carat: 45.6 dinars per gram
