- 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 2002 fiscal budget, registered deficit spending of JD 320 million in the first 11 months of last year. Public revenues in the same period were JD 1.67 billion, while expenditure was JD 2 billion, an increase of 6.4 percent over 2001. The government is expected to announce its budget for 2003 shortly, sources at the Prime Ministry predict it will be around JD 2.5 billion. Jordanís foreign debts ended 2002 at JD 5 billion.

* Jordan will start receiving Egyptian natural gas in June. The gas will be imported through a pipeline from the Al Araish seaport on the Red Sea to Aqaba. The pipeline is part of a $930 million pipeline project that goes to Syria and Lebanon. Ministers of Energy of the four countries will sign a consortium agreement in February to start extending the gas pipeline to Syria and Lebanon. Egypt will start pumping 13 million cubic meters of gas in the initial stages. The Aqaba-Araish pipeline is set at $230 million, while the pipeline between Jordan and Syria is $300 million, the Syria-Lebanon line at $400 million. The pumping from Syria to Lebanon will start in 2005. Egyptian gas will also reach other countries in the region and East Europe, including Cyprus, Turkey, Romania and Bulgaria.

* Also in Egypt, Jordanian officials from the pharmaceuticals sector are discussing proposals in Cairo to maintain Jordanian medicine exports to Egypt. Maher Matalqa, secretary-general of the Jordan Pharmaceuticals Federation, said Jordan imports 175 kinds of Egyptian-made pharmaceuticals each year, while Egypt hinders the flow of Jordanian medicine to its markets. Matalqa said the JPF aims to take up to 5 percent of the Egyptian imports of medicine by 2006. Jordanís medicine reaches 65 countries worldwide and makes up to two percent of the Arab market.

* Assets at the Social Security Corp. stand at JD 1.9 billion. The corporationís investments are JD 544 million, while JD 350 million are in loans. Most of the SSCís investments are in the banking sector at JD 214 million, followed by the services sector with JD 183 million. The corporation holds property in the Kingdoms at JD 91 million. More than 1.2 million people are insured at the SSC, one-fifth of them non-Jordanians.

* The tourism sectorís revenue increased 11.3 percent last year to JD 515.1 million. Statistics by the Ministry of Tourism indicated more than 2 million tourists visited Jordan last year, most of whom were Arabs. Most of the revenues were made in Aqaba and the Dead Sea. Other touristic sites, including Jerash and Petra, received touristic groups but their figures were markedly less than 2001.

* About 4662 companies were registered at the Ministry of Trade and Industry in 2002 at gross capitals of JD 127.2 million. Forty-five percent of the companies were in the services sector. Palestinian investments in local companies made last year JD 4.4 million, and were the highest among non-Jordanian investments in the commercial sector. Iraqi investments come second with JD 4.1 million, declining from JD 14.5 million in 2001. Chinese capital was highest among non-Arab investments in Jordanian companies last year, ending at JD 1.1 million.

* Trade volume between Jordan and Malaysia is estimated at JD 34 million, tipping in favor of the latter country by about 15 percent. Jordanian exports to Malaysia include fertilizers and minerals, while the Kingdom imports from Malaysia electric appliances, vegetable oil, cars and their parts, and industrial products.

The Star Redaction
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