AGP Executive Report
Last update: 9 hours agoIndustrial Investment: Prime Minister Jafar Hassan inaugurated six Chinese-operated factories in Karak’s Qatraneh area, part of an integrated industrial push expected to create about 700 jobs and move the site toward “development zone” status. Industrial Incentives: Hassan also ordered al-Rawdah Industrial Zone (within the Ma’an Development Zone) to receive the same electricity, land and employment incentives as Karak’s King Hussein Bin Abdullah II Industrial City until it connects to the Arab Gas Pipeline. Logistics & Trade: Aqaba Port received 44,000 tons of US rice bound for Iraq despite regional shipping disruptions, while Jordanian authorities reported additional Iraq-bound cargoes including vegetable oils and other food and industrial goods. Capital Markets: The Amman Stock Exchange closed Sunday up 0.32% to 4,068 points on JS26.4m trading volume, with gains led by industrial and financial sectors. Business Recognition: Jordan Post issued commemorative stamps marking Jordan’s qualification for the 2026 World Cup, with collectors able to buy first-day covers and limited-edition folders starting June 2. Regional Business Climate: A Chinese-invested sanitary ware factory was inaugurated in southern Jordan with an $80m investment, with plans to expand exports to neighboring markets and potentially Europe.
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