AGP Executive Report
Last update: 6 hours agoEnergy & Industry Financing: Jordan signed $70m in Abu Dhabi Fund for Development-backed gas supply contracts for Al-Muwaqqar and Al-Rawdah industrial cities, aiming to cut energy costs, boost competitiveness, attract investment and create jobs. Budget Support & Education: ADFD also agreed $300m in concessional financing for Jordan’s general budget, plus a $40m contract to build and equip five vocational and technical schools across Amman, Mafraq, Jerash and Irbid. UAE Partnership: Prime Minister Jafar Hassan met ADFD’s Mohamed Al Suwaidi to stress the depth of Jordan-UAE cooperation and expand it into new sectors. Capital Markets: The Amman Stock Exchange saw turnover hit JD17.4m with the index up 0.18%, while sector performance was mixed. China Pivot, Business Angle: King Abdullah II’s China visit produced agreements on trade, supply chains, digital economy, AI and green energy, with Jordan pushing to deepen cooperation beyond imports. Policy Watch: Parliament’s extraordinary session ended after passing six bills covering local administration, universities, property ownership, vocational work, consumer affairs and education quality assurance. Local Economy Notes: Ajloun’s springs and water sources are being positioned for tourism and heritage trails if rehabilitated and promoted.
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