- Advertising Agencies
- Arabic Sweets,
Pastries, Chocolates
- Architects

- Banks
- Beauty

- Car Rental
- Coffee Shops
- Commerce
- Consulting
- Craft

- Data Processing &
Computer Systems
- Decoration &

- Environment / Waste
Management Services
- Express Delivery
- Equipment : food
services, catering,
kitchen, laundry

- Financial Services
- Flowers
- Food & Beverage

- Hotels 3
- Hotels 4 & 5
- Hotels & Suites

- Industry
- Insurance
- Interior Design /
- Internet

- Jewelleries

- Leisure
- Lighting

- Medias
- Medical / Technology

- Office Equipments /
- Outside Decoration

- Printing

- Real Estate
- Restaurants

- Security
- Shop Systems
- Superstores

- Telecommunication &
Mobile Phones
- Transport
- Travel Agencies


Back to archives Back to news
French Version

Business Scene

* The government predicts a 4.6 percent growth in the economy this year, while the International Monetary Fund and World Bank assume the economy will grow by more than 5 percent. This deflects the increase in Jordan’s foreign debts this year by 17 percent to more than JD 5.2 billion.

The Ministry of Finance’s newsletter for November points out the government’s fiscal budget for 2002 is in deficit of JD 252 million due to increased public expenditure. The newsletter, however, indicated public revenues increased this year by around 4 percent to more than JD 1.38 billion. However, revenues from taxes and custom duties declined this year by JD 95 million.

* Statistics by the Ministry of Trade and Industry indicate trade deficit between Jordan and Arab countries declined this year by 24.6 percent to nearly JD 94 million. Trade volume between Jordan and Arab countries increased in 2002 by 5.5 percent to JD 1.03 billion, about 32 percent of Jordan’s international trade. Exports to Arab countries registered JD 472 million, while the Kingdom’s imports from Arab countries stood at JD 566 million.

* The Ministry of Education is planning a JD 800 million project to enhance ‘cognitive education’ in public schools and universities. The 10-year project aims to upgrade IT-related education and increase the quality systems in local schools and universities. The government’s social-economic transformation plan, UNESCO, the Arab Fund for Social and Economic Development, the European Investment Bank and the Canadian International Development Agency are the main sponsors for the project. Jordan will launch its national initiative for e-education in February, which will include a joint IT program between private and public sectors to link local schools with the Internet.

* Jordan imported more than JD 120 million in goods through Aqaba in the first 11 months of this year. About JD 35 million of these goods were re-exports to world markets. Imports through Aqaba this year stood at JD 17 million. The Aqaba Special Economic Zone earned more than JD 7 million in revenues from taxes and custom duties, increasing by 30 percent over the same period of 2001.

* The Kingdom’s production of olive oil this season is 30,000 tons compared to 15,000 tons last year. Agricultural experts believe this year’s production is JD 40,000. The average price of one tin (16 kilograms) of olive oil is JD 28-31. Jordan is the world’s 10th exporter of olive oil. The government is working on a plan to open new regional and international markets for national production of olive oil. Saudi Arabia imports 53 percent of Jordan’s olive oil, followed by Kuwait with 22 percent.

* China granted Jordan $1.3 million in support of the socio-economic transformation plan. The loan is part of the $5 million in financial and technical aid China gave Jordan over the past four years. The government’s plan requires JD 340 million for 2003. Trade relations between Jordan and China strengthened as of late as Chinese investments in the Kingdom stand at more than $40 million, these are mostly in the Qualified Industrial Zones.

* Two Jordanian businessmen are discussing with US-based Boeing International of their intention to lease or buy two Boeing 737 aircrafts of the ‘Business Jet’ model at $100 million. Boeing sources said the two businessmen will use the aircrafts for commercial purposes. The Business Jet aircraft has a 10-seater capacity. More than 67 aircrafts of this kind were sold over the past two years, about one-quarter to Arab countries.

* More than 2300 employees will officially begin working at the new Jordan Post Co in January 2003. The employees are currently working in the public postal sector. The new company will start operation next year as part of the privatization process of the postal services. The government signed an agreement with the Dutch Affairs Posta Co to restructure the first phase of the privatization process.

The Star

Some Marks
To see in Jordan
Fairs & Exhibitions
Useful Addresses
Media of 1stjordan
Impact of 1stjordan
The 'First Jordan' Card
Press Book
Exotica - Flowers - Shopping on line
Engineering Consultants Lebanon
Nsouli Jewelry Lebanon
Hotel Beirut Lebanon
Rent Villas France for Holidays, Seasonal Rentals France
Sole Agent for Philips & Whirlpool in Lebanon
Arab Printing Press Lebanon
Hotel Beirut Lebanon
Arabic Music, CD Arabia
Hotels Syria
Groupe PMR