Latest news with #FathiJaghbir
Zawya
6 days ago
- Business
- Zawya
Jordan inaugurates pavilion at BUILDEX construction expo in Damascus
AMMAN — President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir on Wednesday inaugurated the Jordanian pavilion at the 22nd International Construction Exhibition "BUILDEX" in Damascus. The pavilion features 30 Jordanian industrial companies, participating with support from the Amman Chamber of Industry (ACI). The companies represent "key" sectors involved in reconstruction efforts, including infrastructure, building materials, energy and engineering industries, areas where Jordan is recognised for its competitive capabilities, Jaghbir said. He stressed the importance of boosting economic ties between Jordan and Syria, citing shared interests, historical connections and the presence of a significant number of Syrian investors in the Kingdom, Al-Mamlaka TV reported. The five-day exhibition is being held at the new Damascus Exhibition City, under the patronage of the Syrian ministries of economy, industry, public works and housing. This year's edition features the participation of 490 Syrian companies and 250 international and Arab firms, covering sectors such as construction materials, interior finishing, alternative energy, water technologies, furniture, real estate development, engineering consultancies, logistics, banking and safety systems, according to Al Mamlaka News Channel. The JCI president had previously said that the Jordanian exports to Syria exceeded JD13 million in the first two months of 2025, marking a 40 per cent increase compared with the same period last year, expressing optimism that trade levels could return to their 2011 peak of over JD181 million. Syria on Monday invited Jordanian companies to participate in reconstruction efforts. The invitation came during a meeting in Damascus between Syrian Minister of Public Works and Housing Mustafa Abdulrazzaq and members of a visiting Jordanian economic delegation. During the Monday meeting, Abdulrazzaq urged Jordanian firms specialising in contracting, construction and engineering consultancy to take part in efforts to rebuild war-damaged areas across Syria. President of the Jordan Chamber of Commerce (JCC) Khalil Hajj Tawfiq, who led the Jordanian delegation, said that the visit aimed to revive commercial and investment ties. Hajj Tawfiq expressed the private sector's readiness to forge 'strategic' partnerships to support Syria's recovery. He cited Jordan's 'strong' construction and engineering sectors, and pledged to provide a list of Jordanian companies specialised in renewable energy and street lighting. The JCC president proposed a "dedicated" business forum to showcase Jordanian capabilities in construction and housing. President of the Jordanian Contractors Association Fouad Duweiri expressed the readiness of Jordan's contracting sector to deliver services, including construction, consulting and mechanical training aligned with modern building standards. He welcomed collaboration with Syria's private sector in infrastructure and housing projects. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
27-05-2025
- Business
- Zawya
42 Jordanian companies participate in Damascus economic forum
AMMAN — President of the Jordan and Amman Chambers of Industry Fathi Jaghbir has highlighted the importance of bolstering economic cooperation between Jordan and Syria in a way that serves the shared interests of both neighbouring countries. Speaking at the Jordanian-Syrian Economic Forum and Exhibition, which commenced on Monday in Damascus, Jaghbir noted that 42 Jordanian companies are participating in the accompanying exhibition. These companies represent key sectors vital to Syria's reconstruction efforts, including infrastructure, construction materials, energy, and engineering industries; sectors where Jordan has strong competitive capabilities, according to the Jordan News Agency, Petra. Jaghbir highlighted the significance of Jordanian participation in opening new opportunities for Jordanian products in the Syrian market and stressed the importance of strengthening bilateral economic ties. He also called for building on the historic relationship and mutual interests between the two countries to foster a more conducive environment for expanded economic cooperation. Jaghbir also urged easing restrictions on the movement of goods and financial transfers, saying such measures would facilitate trade flows and improve the investment climate in Syria. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. ( JT
Zawya
26-05-2025
- Business
- Zawya
Jordan, Damascus industry chambers agree to form joint business council
AMMAN — President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir and Chairman of the Damascus Chamber of Industry Muhammad Al Mawlawi have agreed to establish a joint business council and joint sectorial committees between the two chambers in the textile, chemical, engineering and food sectors. During an official visit to Damascus, Jaghbir stressed that the committees aim to boost trade exchange between the two countries in these sectors and address any obstacles based on a 'win-win' approach, the Jordan News Agency, Petra, reported, citing a JCI statement on Sunday. As part of efforts to boost bilateral economic relations, he said that 25 Jordanian industrial companies are scheduled to take part in the International Building Exhibition to be held in Damascus from May 27 to 31. The participation is organised by the Amman Chamber of Industry and includes a delegation of more than 250 industrialists, the largest Jordanian delegation to visit Syria in decades, the JCI president pointed out. Jaghbir noted that the participating Jordanian companies represent vital sectors related to reconstruction, including infrastructure, building materials, energy, and engineering industries, where Jordan holds a 'strong competitive edge,' stressing the importance of this participation in opening new opportunities for Jordanian products in the Syrian market. He also highlighted the need to boost economic ties between Jordan and Syria, pointing to the 'historical ties and shared interests' that provide a favourable environment for expanded economic cooperation. The industrialist added that easing restrictions on the movement of goods and financial transfers would facilitate the flow of commodities and services and enhance the investment climate. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Jordan Times
25-05-2025
- Business
- Jordan Times
Jordan, Damascus industry chambers agree to form joint business council
President of the Jordan Chamber of Industry Fathi Jaghbir and Chairman of the Damascus Chamber of Industry Muhammad Al Mawlawi agree to establish a joint business council and joint sectorial committees between the two chambers (Petra photo) AMMAN — President of the Jordan Chamber of Industry (JCI) Fathi Jaghbir and Chairman of the Damascus Chamber of Industry Muhammad Al Mawlawi have agreed to establish a joint business council and joint sectorial committees between the two chambers in the textile, chemical, engineering and food sectors. During an official visit to Damascus, Jaghbir stressed that the committees aim to boost trade exchange between the two countries in these sectors and address any obstacles based on a 'win-win' approach, the Jordan News Agency, Petra, reported, citing a JCI statement on Sunday. As part of efforts to boost bilateral economic relations, he said that 25 Jordanian industrial companies are scheduled to take part in the International Building Exhibition to be held in Damascus from May 27 to 31. The participation is organised by the Amman Chamber of Industry and includes a delegation of more than 250 industrialists, the largest Jordanian delegation to visit Syria in decades, the JCI president pointed out. Jaghbir noted that the participating Jordanian companies represent vital sectors related to reconstruction, including infrastructure, building materials, energy, and engineering industries, where Jordan holds a 'strong competitive edge,' stressing the importance of this participation in opening new opportunities for Jordanian products in the Syrian market. He also highlighted the need to boost economic ties between Jordan and Syria, pointing to the 'historical ties and shared interests' that provide a favourable environment for expanded economic cooperation. The industrialist added that easing restrictions on the movement of goods and financial transfers would facilitate the flow of commodities and services and enhance the investment climate.
Zawya
19-05-2025
- Business
- Zawya
Jordanian industries eye Syrian market with strong presence at Damascus Construction Expo
AMMAN — Jordan is stepping up its industrial engagement with Syria, with 25 Jordanian companies set to participate in the International Construction Exhibition in Damascus, scheduled for May 27–31. According to Fathi Jaghbir, president of the Jordan and Amman Chambers of Industry, the participating firms operate in key sectors vital to Syria's reconstruction, including infrastructure, building materials, energy, and engineering. Jordan's comparative advantages in these industries position its industrial sector as a potential driver in regional rebuilding efforts, he said. Jaghbir stressed that reviving economic relations with Syria is in the mutual interest of both nations, building on deep-rooted historical and cultural ties. He added that lifting sanctions on the movement of goods and financial transactions would significantly enhance trade and improve the investment climate along the shared border. He pointed out that Jordanian exports to Syria exceeded JD13 million in the first two months of 2025, a 40 per cent increase compared with the same period last year, expressing optimism that trade levels could return to their 2011 peak of over JD181 million. Jordan's geographic location gives it a strategic edge as a regional logistics hub for distributing goods to Syria, Lebanon, and Turkey, boosting the Kingdom's role as a trade gateway and supporting the revival of cross-border commerce through Syrian territory, Jaghbir added. As part of the exhibition, a Jordanian industrial delegation would hold meetings with Syrian ministries and trade authorities to explore opportunities for joint ventures, integrated manufacturing, and broader industrial cooperation. 'This is the first official commercial and service sector visit under the JCC, and it represents the largest private-sector delegation to Syria in over a decade,' said Jordan Chamber of Commerce (JCC) President Khalil Hajj Tawfiq. According to Hajj Tawfiq, discussions will focus on establishing a joint Jordanian-Syrian Business Council and organising a bilateral business forum in Amman aimed at fostering deeper economic integration. US President Donald Trump, speaking from Riyadh on Tuesday, announced the lifting of long-standing Assad-era sanctions on Syria. Calling the sanctions 'brutal and crippling,' Trump said it was now Syria's 'time to shine,' and that easing restrictions would 'give them a chance at greatness.'
