- 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

JORDAN (Star) - * Jordanian pharmaceutical companies sold $224 million in goods last year, an increase of 17 percent over 2000. About $40 million of these were made in local markets. Sources at the Jordan Association for Pharmaceuticals and Medical Equipments said Jordanian medicines receive more recognition in world markets.

Local manufacturers are also looking to diversify products and increase exports to traditional markets in Europe and North Africa. The sources noted the US-Jordan Free Trade Agreement paves the way for local pharmaceuticals to attract more investments in this field.

* The Arab Pharmaceuticals Co (APC) made landmark profits in 2001 with JD 6.7 million-the largest in the company's history. The company also increased its sales to JD 29.2 million, a JD 1 million increase over 2000.

* The Kingdom's 2001 fruits and vegetables exports increased 25 percent to JD 94.3 million. Vegetables comprised 85 percent of the exports at JD 83.5 million. Jordan's fruit export declined last year by 3 percent to JD 10.7 million. The United Arab Emirates were the highest with 31 percent of overall exports, followed by Kuwait then Syria. Non-Arab countries were recipients of 2 percent of Jordan's fruits and vegetable exports.

* The Arab Fund for Economic Development and the Kuwaiti Development Fund will support the Jordan-Egypt gas pipeline with $150 million toward its construction this year. The pipeline will run from Egypt's Al Arish seaport on the Mediterranean to Aqaba. It will supply Jordan with one billion square feet of gas per day, beginning in the winter of 2003. The pipeline will later extend to Syria, Lebanon and Cyprus.

* The Jordan-Kuwait Bank earned JD 7.3 million in net profits in 2001-a 44 percent increase over 2000. Assets at the bank also increased 4.5 percent to JD 570 million. Deposits at the bank increased last year to JD 429.7 million. JKB's Chairman Abdel Karim Kabariti said the bank's long-term strategy helped the bank increase profits 210 percent since 1997.

* Jordan's trade balance with Qatar is currently estimated at $17.8 million. About $14 million of this is Jordanian exports to the Gulf emirate. Jordan came sixth in Arab trade with Qatar in 2001. Qatari exports to Jordan last year were worth $3.8 million. Jordan's exports to Ethiopia in 2001 were estimated at JD 4.1 million, imports from were some JD 1.5 million. Jordanian exports include fertilizers, paper products, textiles and electric appliances.

* Jordan's Qualified Industrial Zones (QIZs) helped Jordan triple exports to US market last year to JD 231 million. The government is facilitating trade operations in these zones to conduct trade with the US-giving the US-putting the US-Jordan Free Trade Agreement into full effect. The government's most recent industrial zone is Al Dhalil Complex, east of Amman. Eight industrial plants are working in the complex generating more than $25 million in exports. More plants are expected in coming months to provide thousands of jobs for Jordanians. The Kerak Industrial Zone earned JD 24 million in foreign exports last year. It is host to three foreign-funded factories earning JD 40 million in capital.

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