
Jordan's Steady Fiscal Path: A Balanced Approach to Growth and Debt Management - Jordan News
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Ammon
an hour ago
- Ammon
Jordan's sectors added around 184,926 jobs during 2024
Ammon News - Jordan Economic Forum (JEF) issued a fact sheet on Saturday, titled "Job Creation in the Kingdom in 2024: Concentration and Beneficiary Groups". The paper tracks net job creation, a key tool for measuring the economy's capability to absorb new entrants to the labor market and mitigate worsening unemployment rates. The paper noted results of the 2024 Job Creation Survey showed approximately 184,926 individuals aged 15 and above had assumed new jobs, while around 89,584 others left the labor market during the same period. According to a JEF statement, the paper indicated that a total of about 96,421 new job opportunities were created in the Kingdom's public and private sectors, equivalent to approximately 96.4% of the annual target set within the Economic Modernization Vision (EMV). The statement said this growth reflects extent of efforts made to enhance labor market dynamism and "effective commitment" to the vision's path to generate "sustainable" jobs that contribute to reducing unemployment and improving living standards. On benficiary groups, the paper noted the new job opportunities were distributed at a rate of 69.3% for males, equivalent to 66,804 jobs, and 30.7% for females, equivalent to 29,617 jobs. The paper also indicated that the largest proportion of job opportunities created in 2024 was in the private sector, amounting to 75.7%, reflecting "success of economic policies and reforms in enhancing job opportunities, despite the surrounding geopolitical challenges. " In contrast, the Kingdom's public sector accounted for only 23.6% of these new jobs, indicating the private sector's "essential" role in achieving growth and employment goals within the Economic Modernization Vision. Given the nationality-based distribution of job opportunities in 2024, a "clear trend dominated to prioritize employment of Jordanian workers in the local market, with lower percentages allocated to foreign counterparts." The paper said majority of new jobs targeted Jordanian nationals, representing 90% of the total opportunities. However, non-Jordanian Arab nationalities accounted for 6.2% of the overall jobs, while non-Arabs received 3.7% of the total posts. In terms of the distribution of new job opportunities by economic activity, the paper noted Jordan's manufacturing, wholesale and retail trade sectors accounted for the largest share, with approximately equal percentages of 15.4% each.


Roya News
4 hours ago
- Roya News
Gold prices in Jordan Saturday, July 26
Today, Saturday, gold prices in Jordan declined, according to the prices quoted by the Jordanian Jewelers Syndicate (JJS) on July 26, 2025. The purchase price for citizens of one gram of 21-carat gold stands at JD 67.60, with a selling price of JD 65.00 The purchase price of one gram of 24-carat gold is JD 77.60 with a selling price of JD 75.20 As for 18-carat gold, purchase and selling prices stand at JD 60.00 and JD 55.50 respectively.


Jordan Times
a day ago
- Jordan Times
QAIA welcomes 4.4m passengers in H1 2025
AMMAN — Queen Alia International Airport (QAIA) recorded its 'highest-ever' semi-annual passenger traffic in the first half of 2025, welcoming 4.4 million travellers, marking a 6 per cent increase compared with the same period in 2024, the Airport International Group (AIG) said on Thursday. The rise in traffic was largely driven by the resumption of several regional and European routes, as well as increased travel during Ramadan and Eid Al Fitr. Aircraft movements also rose by 2.2 per cent, reaching 36,331 during the six-month period. Despite regional tensions disrupting some flight schedules in June, QAIA said that it continues to strengthen its position as a growing regional hub. 'We chose Jordan as a stop between Europe and the Gulf,' said Chloe Martin, a French tourist travelling with her family. Hasan M., a Jordanian residing in Qatar who was transiting through QAIA, commended the facility's recent enhancements. 'It's clear the airport is aiming for international standards. The new e-gates made passport control seamless, especially during peak hours,' he said. Tourism expert Rania Wazzan said QAIA's performance underscores Jordan's emerging role as a 'strategic' link between East and West. 'The airport's integration of green infrastructure and digital transformation gives it a strong competitive edge in regional tourism,' she noted. Reaffirming its focus on passenger experience, QAIA was named the 'Most Enjoyable Airport in the Middle East' for the second year in a row. In June, nine new smart gates were introduced to streamline arrivals and departures for Jordanian citizens. With expanding air connectivity, sustainability initiatives, and continued operational upgrades, QAIA is 'steadily' cementing its reputation as a world-class aviation gateway, AIG said.