
Regional mining cooperation 'key' to building sustainable sector-Kharabsheh - Jordan News
The forum, which is a key platform for exchanging expertise and reviewing investment opportunities in the mining sector in the Arab region, reflects interest of the region's countries in developing their natural resources and enhancing their role in global mineral markets.
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Jordan News
a day ago
- Jordan News
185,000 Jordanians Entered the Labor Market, 89,500 Exited in 2024 — Jordan Economic Forum - Jordan News
The Jordan Economic Forum released a fact sheet on Saturday titled 'New Jobs in Jordan in 2024: Where Are They Concentrated and Who Are They Created For?', analyzing net job creation as a key metric of the economy's ability to absorb new labor market entrants and reduce unemployment. اضافة اعلان According to the fact sheet, 184,926 individuals aged 15 and above joined the labor market in 2024, while approximately 89,584 exited, resulting in a net job creation of 96,421. This figure represents 96.4% of the annual target set under the Economic Modernization Vision, reflecting tangible efforts to foster sustainable employment and improve living standards. Gender & Sector Distribution Males accounted for 69.3% of the new jobs (66,804 jobs), while females made up 30.7% (29,617 jobs). 75.7% of jobs were created in the private sector, underscoring the impact of economic reforms. Public sector jobs made up 23.6% of the total. Jobs by Nationality The majority of the new jobs — 90% — went to Jordanian nationals, with 6.2% going to non-Jordanian Arabs and 3.7% to non-Arab foreigners, indicating a focus on employing the domestic workforce. Sectoral Breakdown The largest shares of new jobs were concentrated in: Manufacturing and wholesale/retail trade (each 15.4%) Public administration and defense (14.6%) Education (11.5%) Health (10.2%) This reflects a balanced contribution from both productive and service sectors, especially those with direct social impact. Geographic Distribution Amman led with 56.6% of net job creation. Zarqa followed with 11.6%, then Irbid with 9.5%. Ajloun had the lowest share at 0.4%. Unemployment Trends Despite progress, unemployment only dropped slightly from 22% in 2023 to 21.4% in 2024, suggesting that job creation — although near target — had a limited immediate impact on unemployment due to rising numbers of job seekers and graduates. Forum President's Remarks Forum Chairman Mazen Al-Hamoud stressed the need to: Continue supporting high-potential job-generating sectors. Invest in underdeveloped governorates. Focus on job quality and sustainability. He highlighted that the data indicates the Jordanian economy is becoming more dynamic in job creation, reflecting the positive outcomes of national policy and stimulus programs. However, continued effort is crucial to meet the broader goals of the Economic Modernization Vision, especially in integrating youth and new labor market entrants.


Al Bawaba
4 days ago
- Al Bawaba
Saudi investment delegation visits Damascus to boost economic ties
Published July 23rd, 2025 - 05:36 GMT Activities include the inauguration of the Fihaa white cement plant in Adra Industrial City, and high-level discussions on potential agreements across sectors such as energy, construction, and infrastructure. ALBAWABA- In a significant step toward strengthening economic ties, a high-level Saudi delegation led by Minister of Investment Khalid bin Abdulaziz Al-Falih arrived in the Syrian capital, Damascus, on Wednesday to participate in the Saudi-Syrian Investment Forum. Also Read Clashes in Southern Syria killed at least 1,000: SOHR The visit reflects a new chapter in bilateral relations between the two countries, following years of strained ties. The forum, held under the direction of Saudi Crown Prince Mohammed bin Salman, brings together more than 130 Saudi businessmen and investors, signaling strong official and economic interest in revitalizing cooperation with Syria. Damascus Welcomes Saudi Business Delegation to Discuss Strategic Investment Agreements A high-level Saudi delegation, comprising over 130 businessmen and investors and led by Minister of Investment Khalid bin Abdulaziz Al-Falih, arrived today at Damascus International Airport to… — Levantine Logic (@SyriaRetold) July 23, 2025 According to the Syrian Arab News Agency (SANA), the forum aims to explore avenues for strategic partnerships that promote sustainable development and mutual economic benefit. The visit marks a pivotal moment in Saudi-Syrian relations, with both sides expressing readiness to engage in wide-ranging economic cooperation. Activities include the inauguration of the Fihaa white cement plant in Adra Industrial City, and high-level discussions on potential agreements across sectors such as energy, construction, and infrastructure. In an interview with Al Arabiya, Saudi Ambassador to Syria Dr. Faisal Al-Mujfel emphasized that Saudi investors are now welcome to operate across all sectors in Syria. He described the forum as a reflection of the Kingdom's commitment to supporting Syria's economic recovery, institutional rebuilding, and territorial integrity. The Saudi Ministry of Investment echoed this sentiment in a statement, noting that the visit aligns with Crown Prince Mohammed bin Salman's directives to enhance regional partnerships and contribute to Syria's long-term stability and prosperity. On Tuesday, Syrian President Ahmed Al-Sharaa received a Saudi business delegation headed by Mohammed Abu Nayyan, Chairman of ACWA Power, and Suleiman Al Muhaidib, Chairman of Al Muhaidib Group. Talks focused on expanding economic and investment collaboration, with an eye toward long-term development goals and mutual interests. In a move to facilitate further engagement, the Saudi Embassy in Damascus announced yestrday the availability of special travel licenses for businessmen and investors from both countries, enabling reciprocal visits and deeper exploration of investment opportunities. © 2000 - 2025 Al Bawaba (


Roya News
6 days ago
- Roya News
Jordan's Amman named "Best Student City" in Middle East, ranks 64th globally
Amman has been recognized as the number one student city in both the Arab region and the Middle East, securing the 64th position worldwide in the QS Best Student Cities 2026 rankings. The capital of Jordan scored highly across several key categories that contributed to its overall ranking. Amman achieved a Student View score of 57.7, reflecting positive feedback from the student community about their experiences in the city. It also excelled in Student Mix (59.3), highlighting the city's diverse and vibrant student population. Employer Activity, which measures graduate employability and opportunities, ranked Amman at an impressive 67.4. Affordability was another strong point for the city, with a score of 73.4, indicating that living and studying in Amman is financially accessible compared to other global student hubs. Desirability scored 40.8, while the city's overall ranking stood at 49.5, showcasing Amman as an attractive and competitive destination for higher education seekers. This recognition positions Amman as a leading educational center in the region, attracting students from across the Arab world and beyond, thanks to its quality universities, cultural richness, and welcoming environment.