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Jordan ranks 1st in competitive industrial index in region — UNIDO
Jordan ranks 1st in competitive industrial index in region — UNIDO

Zawya

timea day ago

  • Business
  • Zawya

Jordan ranks 1st in competitive industrial index in region — UNIDO

AMMAN — Jordan ranked first in the region for industrial sector contribution to the Gross Domestic Product (GDP) in 2024, according to the Competitive Industrial Performance (CIP) Index issued by the United Nations Industrial Development Organisation (UNIDO). The achievement underscores the "strength" of Jordan's national industry and its capacity to drive sustainable economic growth in line with the goals of the Economic Modernisation Vision (EMV), according to Amman Chamber of Industry (ACI) President Fathi Jaghbir. The announcement was made during the chamber's annual general meeting, held on Wednesday, with Jaghbir highlighting that Jordan's national exports reached a 'historic' high of some JD8.6 billion in 2024, reaching over 145 countries, the Jordan News Agency, Petra, reported. He noted that the industrial sector was the largest contributor to the national economy, accounting for more than 25.7 per cent of the GDP with a value added exceeding JD7.6 billion, reflecting its 'central' role in supporting economic growth. Despite these achievements, Jaghbir pointed to several challenges facing the sector, which could hinder its growth and the attainment of the ambitious targets outlined in the vision. The industrial sector is responsible for nearly one-third of these targets, particularly in stimulating economic growth, creating jobs and attracting investment. Key obstacles include high operational costs, especially energy prices, raw material costs and shipping and transportation fees, which reduce the competitiveness of local products. Production cost gaps between Jordanian industry and competitors in domestic and export markets stand at around 25 per cent, posing a significant barrier to expansion, he added. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (

Jordan ranks 1st in competitive industrial index in region — UNIDO
Jordan ranks 1st in competitive industrial index in region — UNIDO

Jordan Times

time3 days ago

  • Business
  • Jordan Times

Jordan ranks 1st in competitive industrial index in region — UNIDO

AMMAN — Jordan ranked first in the region for industrial sector contribution to the Gross Domestic Product (GDP) in 2024, according to the Competitive Industrial Performance (CIP) Index issued by the United Nations Industrial Development Organisation (UNIDO). The achievement underscores the "strength" of Jordan's national industry and its capacity to drive sustainable economic growth in line with the goals of the Economic Modernisation Vision (EMV), according to Amman Chamber of Industry (ACI) President Fathi Jaghbir. The announcement was made during the chamber's annual general meeting, held on Wednesday, with Jaghbir highlighting that Jordan's national exports reached a 'historic' high of some JD8.6 billion in 2024, reaching over 145 countries, the Jordan News Agency, Petra, reported. He noted that the industrial sector was the largest contributor to the national economy, accounting for more than 25.7 per cent of the GDP with a value added exceeding JD7.6 billion, reflecting its 'central' role in supporting economic growth. Despite these achievements, Jaghbir pointed to several challenges facing the sector, which could hinder its growth and the attainment of the ambitious targets outlined in the vision. The industrial sector is responsible for nearly one-third of these targets, particularly in stimulating economic growth, creating jobs and attracting investment. Key obstacles include high operational costs, especially energy prices, raw material costs and shipping and transportation fees, which reduce the competitiveness of local products. Production cost gaps between Jordanian industry and competitors in domestic and export markets stand at around 25 per cent, posing a significant barrier to expansion, he added.

Crafts sector: €15,000 support for Diaspora-led businesses
Crafts sector: €15,000 support for Diaspora-led businesses

African Manager

time17-07-2025

  • Business
  • African Manager

Crafts sector: €15,000 support for Diaspora-led businesses

Around ten Tunisian diaspora businesses operating in the crafts sector will benefit from technical and financial support of up to €15,000 per company under the 'Creative Tunisia 2.0' program, implemented by the United Nations Industrial Development Organization (UNIDO). The beneficiaries will be selected following a second call for project proposals, recently launched. The deadline for submissions is set for July 31, 2025, according to 'Creative Tunisia.' This call aims to strengthen the presence of Tunisian handicrafts in international markets by leveraging the economic potential of Tunisians living abroad. To this end, UNIDO is offering a technical and financial support plan to assist these businesses in enhancing their impact on the global marketing of artisanal products. The proposed projects must contribute to increasing the visibility of Tunisian handicrafts in international markets, boosting exports by supporting both online and physical sales platforms, fostering synergies between the Tunisian diaspora and local crafts sector stakeholders and supporting the economic integration of vulnerable communities and returning Tunisians through handicrafts. Selected projects will be implemented in the countries of residence or operation of the diaspora-led businesses over 12 months. With a total budget of €300,000, Creative Tunisia 2.0 (2024–2027) aims to support around 20 internationally established businesses, while improving the socio-economic protection and integration of groups most vulnerable to risks linked to irregular migration in Tunisia. The program seeks to generate employment opportunities in the crafts sector by leveraging the expertise and networks of the Tunisian diaspora.

Oman: National Adaptation Plan to tackle climate change risks being prepared
Oman: National Adaptation Plan to tackle climate change risks being prepared

Zawya

time15-07-2025

  • Business
  • Zawya

Oman: National Adaptation Plan to tackle climate change risks being prepared

Muscat – Oman has stepped up preparations for the National Adaptation Plan (NAP) to enhance its response to climate change with a three-day workshop in Muscat bringing together national and international experts to chart the path forward. Titled 'Adapting to Climate Change', the workshop has been organised by Environment Authority (EA) and being held in coordination with United Nations Industrial Development Organization. It opened on Monday and is focused on integrating climate risk into national planning and strengthening the adaptation element of Oman's third Nationally Determined Contributions under the Paris Agreement. Participants include representatives from relevant government agencies and international organisations. Discussions centre on national policies, strategies and financing mechanisms to support implementation of adaptation measures across key sectors. Maha bint Ali al Balushi, Head of Mitigation and Finance Team in the Climate Affairs Sector at EA, said the workshop marks an important step in Oman's efforts to build institutional readiness and address climate challenges beyond environmental boundaries. 'The workshop aims to double national efforts to address the growing challenges of climate change, which are no longer limited to the environmental aspect but now affect various aspects of sustainable development in Oman.' The plan is being developed as a strategic framework to identify national priorities, assess vulnerabilities and build resilience across sectors including water, agriculture, health, coastal zones and infrastructure. The process will also support preparation of Oman's third national report on climate contributions, a key requirement under the Paris Agreement. Maha said the draft plan for the NAP includes analysis of adaptation gaps, proposed policies and legislation, and the design of an integrated system for managing climate risks. The workshop will also review technical components of the draft plan, including methods for data collection and climate risk analysis. It aims to align Oman's national plan with global reporting frameworks, thereby improving access to international climate finance. On the third Nationally Determined Contributions, Maha said that the preparation is not just an international reporting obligation 'but an opportunity to evaluate progress, coordinate across sectors and guide investments towards areas with the highest adaptation needs'. According to EA, the goal is to develop a responsive and flexible adaptation plan that meets the unique needs of Oman's diverse geography and economic sectors. © Apex Press and Publishing Provided by SyndiGate Media Inc. (

Workshop discusses adaptation to climate change
Workshop discusses adaptation to climate change

Observer

time14-07-2025

  • Politics
  • Observer

Workshop discusses adaptation to climate change

MUSCAT: An international workshop titled 'Adapting to Climate Change' on Monday discussed ways to enhance the Sultanate of Oman's capabilities to address the repercussions of climate change. The three-day workshop, held in Muscat, aims to draft a National Adaptation Plan. It will focus on the 'adaptation component' quoted in the third report codenamed 'Nationally Determined Contributions' or (NDC3). It will also discuss relevant national policies and plans. The NDCs outline how each country intends to cut down greenhouse gas emissions and adapt to the impacts of climate change as part of its commitment to contribute to the global effort to limit warming. The workshop, which reflects the Sultanate of Oman's commitments cited in Paris Climate Agreement, is organised by the Environment Authority in cooperation with the United Nations Industrial Development Organization (UNIDO) and attended by representatives of government departments and international organisations. The workshop seeks to boost the Sultanate of Oman's ability to adapt to climate change in a systematic manner, ensuring the protection of communities and vital economic sectors, while at the same time supporting the process of sustainable development amid rapid climate change scenarios. - ONA

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