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Brazilian business delegation visits Jordan to explore investment prospects
Brazilian business delegation visits Jordan to explore investment prospects

Ammon

time3 days ago

  • Business
  • Ammon

Brazilian business delegation visits Jordan to explore investment prospects

Ammon News - A Brazilian business delegation starts a visit to Jordan Sunday for talks with official and private entities to explore investment opportunities in the Kingdom across various economic sectors. The five-day visit is organized by the Arab-Brazilian Chamber of Commerce, in cooperation with the Jordan Chamber of Commerce and the Jordanian Embassy in Sao Paulo. The delegation is headed by the Chamber's President, William Adib Dib Jr., and comprises business owners and executives from various economic sectors, as well as representatives from the Brazilian Ministry of Agriculture and Livestock and the Investment Promotion Agency of the State of Sao Paulo. The visit includes a Jordanian-Brazilian business forum, bilateral meetings between companies, and meetings at the Ministries of Agriculture, Industry, Trade and Supply, and Investment, as well as the Customs Department, in addition to tours to promote tourist attractions. The visit is a key step in developing economic relations with Brazil and it opens new horizons for increasing trade exchange between the two countries, commented Jordan Chamber of Commerce President, Senator Khalil Haj Tawfiq. It will allow the delegation to explore investment opportunities and the business environment, and build strategic partnerships, he said, adding that the delegation's choice showed a special investor interest in the Kingdom. He pointed out that Brazil is one of the key economies in South America with strong and advanced industries, particularly in the food sector, which will help boost trade ties with Jordanian firms. The volume of trade between Jordan and Brazil was at JD511 million dinars last year, of which JD60 million in Jordanian exports, almost entirely chemicals and related products, followed by clothing and textiles, dates and other food items. Petra

Brazilian Trade Delegation Visits Jordan to Explore Investment Opportunities - Jordan News
Brazilian Trade Delegation Visits Jordan to Explore Investment Opportunities - Jordan News

Jordan News

time4 days ago

  • Business
  • Jordan News

Brazilian Trade Delegation Visits Jordan to Explore Investment Opportunities - Jordan News

A Brazilian trade delegation will begin a five-day official visit to Jordan on Sunday, aiming to explore potential trade and investment opportunities across various economic sectors in the Kingdom. اضافة اعلان The visit is organized by the Arab-Brazilian Chamber of Commerce, in cooperation with the Jordan Chamber of Commerce and the Jordanian Embassy in São Paulo, and is led by Dr. William Adib Dib Junior, President of the Arab-Brazilian Chamber. Key Highlights of the Visit: The delegation includes business owners, executives, and officials from Brazil's Ministry of Agriculture and Livestock and the São Paulo Investment Promotion Agency. The program will feature a Jordanian-Brazilian Business Forum, B2B meetings, and official visits to the Ministries of Agriculture, Industry, Trade and Supply, Investment, and the Customs Department. Tourism promotion tours are also part of the itinerary. Objectives: Strengthen economic ties between Jordan and Brazil. Explore investment opportunities and business environment in Jordan. Foster strategic partnerships and expand trade volume, particularly in food security, a shared priority. Statement from Jordan Chamber of Commerce: Chairman Senator Khalil Al-Haj Tawfiq emphasized that: 'The visit is a key step in enhancing economic relations and shows Brazil's growing interest in Jordan as a strategic investment destination.' He praised the efforts of Jordan's Ambassador to Brazil, Maen Masadeh, and stressed the importance of increasing trade exchanges, especially in food industries, where Brazil holds a global edge. Trade Snapshot (2024): Total bilateral trade: JD 511 million Jordanian exports: JD 60 million 98.7% of which were chemical industry products, especially natural potash and chemical fertilizers Looking Forward: The visit is expected to: Pave the way for Brazilian investments in Jordan. Encourage private-sector partnerships. Support broader trade diversification beyond the chemical sector. The Jordan Chamber emphasized the importance of continuous trade delegation exchanges, expo participation, and creating effective mechanisms for sharing investment data and commercial opportunities between both countries.

Jordanian business delegation starts official visit to Syria
Jordanian business delegation starts official visit to Syria

Ammon

time26-05-2025

  • Business
  • Ammon

Jordanian business delegation starts official visit to Syria

Ammon News - A prominent Jordanian business delegation will travel to Syria on May 26 for an official visit aimed at boosting economic relations between the two countries and exploring areas of mutual cooperation. The visit, which will be the first official mission of its kind under the Jordan Chamber of Commerce, is being organized in coordination with the Ministry of Foreign Affairs, the Jordanian Embassy in Damascus, and the Syrian Chamber of Commerce Union, according to Khalil Al-Hajj Tawfiq, Chairman of both the Jordan and Amman Chambers of Commerce. Al-Hajj Tawfiq, who will lead the delegation, described the visit as the largest private sector delegation since the fall of the previous regime and noted that it includes key leaders from Jordan's commercial and service sectors. Over the course of two days, the delegation will engage in high-level talks with Syrian ministers, members of the Syrian Chamber of Commerce Union, and private sector business leaders. The discussions will focus on strengthening trade ties and exploring opportunities for collaboration, including the establishment of a joint Jordanian-Syrian business council and the organization of a business forum in Amman. Al-Hajj Tawfiq expressed his hope that the visit would mark the beginning of a new chapter in the economic relations between the two countries. The delegation will also focus on supporting Syria in its rebuilding efforts, particularly following the recent lifting of sanctions and Syria's reintegration into the regional and global economy. Al-Hajj Tawfiq emphasized that Jordan's private sector is prepared to offer its expertise in key areas such as banking, digital transformation, and infrastructure development. Al-Hajj Tawfiq stressed the importance of removing trade barriers between the two countries and fostering closer economic partnerships. He highlighted the potential for growth in transit trade and called for increased collaboration through business forums, exhibitions, and sharing of investment opportunities.

Hundreds of Jordanian merchants lose millions after cargo ship fire
Hundreds of Jordanian merchants lose millions after cargo ship fire

Roya News

time25-05-2025

  • Business
  • Roya News

Hundreds of Jordanian merchants lose millions after cargo ship fire

Roughly 500 Jordanian traders are grappling with severe economic losses following a fire that broke out aboard the ASL Bauhinia cargo ship in January while en route from Jebel Ali Port in the United Arab Emirates to Jordan's Port of Aqaba. Khalil Al-Haj Tawfiq, President of the Jordan Chamber of Commerce, told Roya that the blaze destroyed 774 containers—both 20- and 40-foot units—owned by Jordanian merchants, with an estimated total value of around 60 million Jordanian dinars (approximately USD 84.5 million). To pursue legal action, the Jordan Chamber of Commerce has selected the law firm BLK, following a review of several options, and will work in coordination with global maritime law specialists. The Chamber has also formed a joint committee with affected traders to follow up on all aspects of the case, aiming to ensure a proper legal process is in place to recover the traders' losses.

Jordan, Egypt discuss strengthening economic, investment ties
Jordan, Egypt discuss strengthening economic, investment ties

Ammon

time20-05-2025

  • Business
  • Ammon

Jordan, Egypt discuss strengthening economic, investment ties

Ammon News - President of the Jordan Chamber of Commerce, Senator Khalil Al-Haj Tawfiq, and Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, held talks in Berlin on Monday aimed at advancing bilateral economic, trade, and investment cooperation. The meeting, held on the sidelines of the 14th Arab-German Economic Forum, focused on unlocking the economic potential between the two countries by promoting strategic partnerships and facilitating joint investment ventures. According to a statement from the Jordan Chamber of Commerce, the two officials emphasized the importance of transitioning Jordanian-Egyptian relations into a comprehensive economic partnership, leveraging the long-standing ties and complementary economic strengths of both countries. Minister El-Khatib reaffirmed Egypt's commitment to encouraging private-sector collaboration and highlighted the need to build investment partnerships that serve mutual interests. He also stressed the role of the private sector in driving economic growth and job creation, calling for increased engagement between business institutions in both countries and more targeted promotion of available investment opportunities. Senator Al-Haj Tawfiq presented Jordan's Economic Modernization Vision as the country's roadmap for growth and sustainability, aimed at attracting foreign investment and expanding economic sectors. He outlined recent reforms undertaken to improve Jordan's business climate, enhance competitiveness, and facilitate investor entry. He also pointed to regional partnership initiatives between Jordan and Egypt designed to support broader economic integration, and cited the trilateral cooperation framework with Iraq as a platform for launching joint projects in infrastructure, energy, transport, and electric grid interconnection.

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