Latest news with #JD7
Zawya
01-05-2025
- Business
- Zawya
Jordan: Prices of fuel derivatives to see drop in May
AMMAN — The Fuel Pricing Committee at the Ministry of Energy decided Wednesday to reduce the prices of diesel and unleaded 90- and 95-octane gasoline for May, while maintaining the prices of kerosene and household gas cylinders. Based on the decline in fuel prices in global markets during April, the committee decided to reduce the price of unleaded 90-octane gasoline to JD0.845 per litre in May, compared with JD0.860 in April, according to the Jordan News Agency, Petra. The price of unleaded 95-octane gasoline will also decrease to JD1.070 per litre in May, compared with JD1.085 per litre in April. Diesel will be sold at a price of JD0.665 per litre, down from JD0.680 in April. The price of kerosene will remain unchanged during May and will continue to be sold at JD0.620 per litre. The price of the 12.5kg gas cylinder remains at JD7, according to the committee's decision. The committee meets monthly to review international oil market trends and adjust local prices accordingly. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Jordan Times
30-04-2025
- Business
- Jordan Times
Prices of fuel derivatives to see drop in May
The Fuel Pricing Committee at the Ministry of Energy decided Wednesday to reduce the prices of diesel and unleaded 90- and 95-octane gasoline for May (JT file) AMMAN — The Fuel Pricing Committee at the Ministry of Energy decided Wednesday to reduce the prices of diesel and unleaded 90- and 95-octane gasoline for May, while maintaining the prices of kerosene and household gas cylinders. Based on the decline in fuel prices in global markets during April, the committee decided to reduce the price of unleaded 90-octane gasoline to JD0.845 per litre in May, compared with JD0.860 in April, according to the Jordan News Agency, Petra. The price of unleaded 95-octane gasoline will also decrease to JD1.070 per litre in May, compared with JD1.085 per litre in April. Diesel will be sold at a price of JD0.665 per litre, down from JD0.680 in April. The price of kerosene will remain unchanged during May and will continue to be sold at JD0.620 per litre. The price of the 12.5kg gas cylinder remains at JD7, according to the committee's decision. The committee meets monthly to review international oil market trends and adjust local prices accordingly.
Zawya
22-04-2025
- Business
- Zawya
Jordan explores trade opportunities at Pakistan's HEMS 2025
AMMAN — A Jordanian trade delegation on Sunday participated in the HEMS 2025 exhibition at the Expo Centre in Lahore, Pakistan, which is organised by Trade Development Authority of Pakistan, bringing together businesses from various sectors and countries. Leading the delegation, Vice Chairman of the Amman Chamber of Commerce (ACC) Nabil Khatib stressed the importance of Jordan's ongoing participation in international trade fairs and economic events, the Jordan News Agency, Petra, reported. He noted that such engagements are "key" to boosting commercial ties, expanding market access, and creating "new" business opportunities for Jordanian exporters and importers. The Jordanian delegation includes representatives from companies active in construction, sanitary ware, electrical appliances, building materials, and agribusiness. Khatib described the event as a 'valuable platform' for connecting with business leaders and investors from Pakistan and beyond. The exhibition offers a chance to exchange knowledge, explore joint ventures, and identify potential areas for trade and investment collaboration, particularly in sectors like healthcare, engineering and metal industries. He added that the expo is a 'prime' opportunity to stay up to date with industry trends and innovations, while also paving the way for 'stronger' partnerships between Jordanian and Pakistani businesses. The exhibition showcases a "wide" array of products, from agricultural machinery and marble to electrical appliances, building supplies, handicrafts, pharmaceutical products and more. As part of their visit, the Jordanian delegates also travelled to Sialkot, where they met with members of the local chamber of commerce and industry. Discussions focused on signing a memorandum of understanding to lay the groundwork for future cooperation. The agreement aims to facilitate information exchange, co-host economic events, and support efforts to boost Jordanian products in the Pakistani market, while fostering mutual investment opportunities. According to official figures, Jordan's exports to Pakistan reached around JD7 million in 2024, compared to JD30 million in imports, Petra said.
Jordan Times
05-02-2025
- Business
- Jordan Times
Kingdom's export certificates surge by 9.2%, reaching JD117m in January
The value of export certificates issued by the Amman Chamber of Commerce increases by 9.2 per cent in January, reaching JD117 million (Photo courtesy of the Aqaba Container Terminal) AMMAN — The value of export certificates issued by the Amman Chamber of Commerce (ACC) increased by 9.2 per cent in January, reaching JD117 million, up from JD107 million in the same month last year. The number of issued certificates of origin also saw a "significant" rise of 25.4 per cent, with a total of 2,219 certificates issued, compared with 1,770 in January 2024, according to statistical data cited by the Jordan News Agency, Petra. These certificates were issued for exports to several Arab and foreign markets, with Saudi Arabia receiving 269 certificates, followed by Iraq with 245, the UAE with 184, Egypt with 71, and Switzerland with two. In terms of value, Iraq was the top export destination, receiving goods worth JD49 million, followed by Switzerland with JD17 million, Egypt with JD8 million, and Saudi Arabia and the UAE with JD7 million each. Re-exports of foreign products accounted for JD59 million, while industrial exports stood at JD22 million, agricultural goods at JD10 million, and Arab-origin products at JD7 million, with the remainder distributed among various other categories. Certificates of origin are essential documents in international trade, certifying that exported goods were produced, manufactured, or processed in a specific country. Customs authorities use these certificates to determine tariff eligibility and verify product origins. The ACC issues certificates for Jordanian agricultural, livestock, and natural resource products, as well as foreign goods for re-export and locally purchased foreign products under specific conditions. The chamber also certifies Jordanian industrial products upon exporters' request, based on an original factory invoice verified by an industrial chamber and an official certificate of origin confirming Jordanian manufacturing.
