Sustainability Jordan port workers protest after deaths from gas leak Workers at Jordan’s Red Sea port of Aqaba began a work stoppage on Sunday to protest poor safety precautions following the deaths of thirteen people in a chlorine gas leak accident at a major berth, unionists said. The deaths and injury of over 300 workers came after a crane loading chlorine containers onto a ship […] July 4, 2022
UK agency inks first Jordan deal to create 4,000 jobs UK Export Finance (UKEF), the government’s export credit agency, has announced its first deal in Jordan to support the largest clothes manufacturer in the Middle East and North Africa in the construction of new factories and a corporate office in Aqaba. The deal with Classic Fashion Apparel Industry, worth £66 million, will facilitate the building […] June 29, 2022
Banking & Finance Jordan gets over $1.2bn in orders for dollar bond sale Jordan has received more than $1.2 billion in orders for its sale of US dollar-denominated bonds that will mature in just over five years, a document showed on Wednesday. It revised guidance to the 8 percent area after initial price guidance earlier on Wednesday in the low 8 percent range, the investors’ note reviewed by […] June 9, 2022
Analysis Development UAE, Egypt and Jordan industrial pact will ‘unleash billions’ The partnership hopes to strengthen each country’s economic clout and competitive standing, both in the region and further afield The UAE, Egypt and Jordan’s decision to enter into an economic partnership stands out from recent announcements of bilateral deals struck between Arab countries and Western partners. The regional partnership, announced in Abu Dhabi on Sunday, […] May 31, 2022
UAE, Egypt and Jordan sign $10bn industrial power pact Abu Dhabi's ADQ to allocate $10 billion in investment for projects. Focus includes agriculture, pharmaceuticals, petrochemicals and textiles May 30, 2022
Energy Israel ramps up gas output, looks to supply Europe Israel is on track to double its natural gas production to 40 billion cubic metres and hopes to sign a framework deal with Europe this summer May 16, 2022
Agriculture Brazil plans ‘fertilizer diplomacy’ trip to secure more imports Brazil’s new agriculture minister Marcos Montes will visit Jordan, Egypt and Morocco in a tour starting this week to discuss increasing fertilizer imports from those countries. “It’s a pilgrimage that we are calling fertilizer diplomacy,” Montes said in an interview with Reuters late on Monday, adding he would be joined by private sector representatives. “We […] May 3, 2022
King Abdullah joins Biden to defuse Jerusalem tension Jordan’s King Abdullah agreed with U.S. President Joe Biden on the need to prevent a repeat of recent confrontations in Jerusalem’s Muslim holy sites that sparked concerns of wider conflict, state media said. In a phone call on Monday, Abdullah was quoted as saying the cornerstone of peace was a comprehensive Arab Israeli settlement based […] April 27, 2022
Jordan’s king agreed with U.S. Biden on need to defuse Jerusalem tension Jordan’s King Abdullah agreed with U.S. President Joe Biden on the need to prevent a repeat of recent confrontations in Jerusalem’s Muslim holy sites that sparked concerns of wider conflict, state media said. In a phone call on Monday, Abdullah was quoted as saying the cornerstone of peace was a comprehensive Arab Israeli settlement based on a two-state solution […] April 27, 2022
Agriculture EU plans to counter Russia with food diplomacy in North Africa, Middle East The EU aims to address rising wheat and fertilizer prices and expected shortages in the Balkans, North Africa and the Middle East with “food diplomacy” to counter Russia’s narrative on the impact of its Ukraine invasion, EU diplomats and officials say. Food insecurity was causing “resentment” in vulnerable countries in these regions, while Moscow was […] April 12, 2022