AGP Executive Report
Last update: 12 hours agoBusiness Growth: Jordanian small and medium-sized firms make up more than 99% of businesses and provide about 60% of formal jobs, yet contribute less than 30% of GDP. A new analysis argues that helping promising companies scale—not just start—is key to creating jobs, with unemployment at 21% in the second quarter. Investment: The Jordanian-Omani Investment Company named Loai Bataineh chairman. The $100 million joint venture will target sectors including technology, agriculture, energy, mining, tourism and logistics. Digital Resilience: Jordan is monitoring a global Microsoft services outage, with the National Cyber Security Center urging institutions to maintain backup systems and communication channels. Markets and Trade: Amman stocks fell 0.33% on JD11 million in turnover. Jordan and the EU are preparing an investment conference at the Dead Sea on Nov. 19, while new cooperation agreements with Syria aim to deepen economic ties as bilateral trade nearly triples. Investment Outlook: Jordan attracted JD641 million in foreign investment, and tourism revenue reached JD4.5 billion, according to recent reports.
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