AGP Executive Report
Last update: 4 hours agoMining and Infrastructure: Jordan signed a second copper-mining agreement for 78 square kilometres in the south, where preliminary estimates point to 45 million tonnes of ore. The UAE-backed $2.5 billion Aqaba railway is also expected to move up to 16 million tonnes of minerals annually and create 5,000 jobs. Regional Trade: Jordanian and Syrian foreign ministers met in Aqaba to advance ties, following talks on joint energy, transport, trade, agriculture and water projects. Markets: Amman Stock Exchange trading reached JD12.6 million on Wednesday, but the index fell 0.69%, with declines across all three sectors. Industry and Finance: A new chemicals and cosmetics strategy targets 85% compliance with international standards by 2029, while experts urge Jordan to offset falling global aid by attracting investment and preparing stronger projects. Business Risks: Jordan condemned the Houthi attack on Saudi Arabia’s King Fahd International Airport, underscoring regional security risks to economic infrastructure.
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