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Jordan ranks 2nd among 7 Arab countries on global entrepreneurship monitor
Jordan ranks 2nd among 7 Arab countries on global entrepreneurship monitor

Zawya

time3 days ago

  • Business
  • Zawya

Jordan ranks 2nd among 7 Arab countries on global entrepreneurship monitor

AMMAN — Ministry of Digital Economy and Entrepreneurship on Thursday released the Jordan National Report on the Global Entrepreneurship Monitor 2024-2025. The report, launched in cooperation with the German Jordanian University (GJU) and the Jordan Strategy Forum, showed "remarkable" progress for the Kingdom in a number of entrepreneurship indicators. Minister of Economy and Entrepreneurship Sami Smeirat said that the results reflect the government's commitment to supporting the environment of entrepreneurship, stressing that "accuracy" in data is the "basis" for effective policies, the Jordan News Agency, Petra, reported. GJU President Alaadeen Halhouli said that survey researches contribute to understanding the real status of entrepreneurship and better directing programmes. The report is part of project "Entrepreneurship for sustainable economic development and employment in Jordan", implemented by the German Corporation for International Cooperation (GIZ) with the support of the Federal Ministry for Economic Cooperation and Development and the EU. Among seven Arab countries participating in the report, Jordan came second on the total early-stage entrepreneurial activity, with a large drop in the gender gap from 9.2 per cent down to 3 per cent. Jordan also ranked second on the Existing Business Ownership Index, indicating the sustainability of entrepreneurial projects. The report recorded improvements in the enabling environment for entrepreneurship, particularly in indicators of market dynamics, government policies and support programs, and regulation of market entry. Also on Thursday, the ministry, GJU and the forum signed an agreement that aims to enhance the research capabilities and encourage regular participation in the report. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (

Minister calls for int'l cooperation to advance renewable energy in Jordan
Minister calls for int'l cooperation to advance renewable energy in Jordan

Jordan Times

time08-05-2025

  • Business
  • Jordan Times

Minister calls for int'l cooperation to advance renewable energy in Jordan

Minister of Energy and Mineral Resources Saleh Kharabsheh on Thursday underscores the need for local, regional, and international cooperation to enhance the use and efficiency of renewable energy in Jordan (Petra photo) AMMAN — Minister of Energy and Mineral Resources Saleh Kharabsheh on Thursday underscored the need for local, regional, and international cooperation to enhance the use and efficiency of renewable energy in Jordan. Speaking at the Innovative Energy Solutions conference at the German-Jordanian University (GJU), organised by the university's Energy Engineers Club, Kharabsheh highlighted the urgent need to secure investment and funding for the sector. He emphasised that reducing the cost of renewable technologies hinges on intensified research and development and stronger collaboration between stakeholders, according to a ministry statement. 'The Arab region's desert climate gives it enormous renewable energy potential, positioning it to become a global leader in the field,' Kharabsheh said. He noted that energy is a critical pillar of sustainable development in Jordan, where 76 per cent of the Kingdom's energy needs are met through imports — a burden costing 8 per cent of the GDP due to volatile international oil prices. Kharabsheh stressed that a successful energy transition depends on innovation in renewables and viable alternatives to fossil fuels, with solar energy playing a pivotal role. He noted that Jordan's Economic Modernisation Vision places renewable and alternative energy at its core, guided by a clear roadmap. Reaffirming the government's goal to make Jordan a regional hub for green energy production, the minister pointed to ongoing studies aimed at deploying advanced technologies such as electric transportation, smart grids, electricity storage, and green hydrogen. GJU Vice President for Academic Excellence Iyad Khader said the conference comes at a time of rapid international shifts in the energy sector. He stressed the importance of developing practical, science-based solutions to address challenges such as climate change and technological evolution. The two-day event brings together energy experts from 16 Jordanian universities, aiming to strengthen cooperation and knowledge exchange in the fields of energy efficiency and sustainability. It features interactive workshops and student-led committees focused on solar and wind energy, smart grids, HVAC systems, and sustainable transport, while tackling sector challenges and proposing actionable, innovative solutions.

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