Jordan · Country watch
Water Theft Crackdown and Gold Price Surge
Jordan cracks down on water theft in Sahab and sees a rise in local gold prices, affecting resources and retail sectors.
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In this briefing Ministry of Water and Irrigation (Jordan) · Sahab · General Syndicate of Owners of Jewelry and Jewelry Shops · International Monetary Fund · Middle East
Regulation
Water Ministry cracks down on theft in Sahab
The Ministry of Water and Irrigation in Jordan, in collaboration with relevant authorities, has detected and halted six illegal water connections in the Sahab area, according to Hala Akhbar. The ministry's internal control unit executed the operation as part of an ongoing campaign to address unauthorized water usage. The illegal connections were removed, and normal water supply was restored. This initiative is part of a broader effort to safeguard Jordan's water resources.
Impact Water suppliers and local authorities in Sahab see enhanced control over water distribution, reducing illegal usage.
Sources: Hala Akhbar ↗, Roya News ↗, Jo24 ↗
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Nothing significant reported today.
Markets
Gold price rises to 83.3 dinars per gram
The price of 21-carat gold in Jordan's local market rose to 83.3 dinars per gram for sale on Thursday, up from 79.5 dinars for purchase, according to Jo24. The General Syndicate of Owners of Jewelry and Jewelry Shops reported the new rates, which reflect increased demand for this popular gold type. Prices for 24-carat and 18-carat gold also adjusted accordingly.
Impact Jewelry retailers and consumers in Jordan face higher costs for gold transactions, influencing purchasing decisions.
Sources: Hala Akhbar ↗, Jo24 ↗
IMF forecasts 1.3% contraction in MENA region
The International Monetary Fund (IMF) has forecasted a 1.3% economic contraction in the Middle East, North Africa, and Pakistan for the current year, due to the ongoing conflict involving the United States, Israel, and Iran, Jordan News reports. The IMF warns that further disruptions in energy production could worsen the economic outlook. A recovery and growth of 6.6% is expected in 2027.
Impact Energy importers and businesses in Jordan face potential supply chain disruptions and increased costs due to regional instability.
Sources: Jordan News ↗
Trade
Nothing significant reported today.
Politics
Nothing significant reported today.
Also today in Jordan
- مظاهرات حاشدة في بولندا في الذكرى السادسة لحظر الإجهاض ومطالب بإلغاء التجريم — Roya News
- مصر تدعو إلى استجلاء الفرص الدبلوماسية مع استعداد البرلمان لتفويض الجيش للدفاع عن السعودية — Roya News
- روسيا: تخفيض سعر العملات الدولية أمام الروبل — Jordan Zad
- أسعار الغاز في أوروبا تتجاوز 1050 دولارا — Hala Akhbar
- ترمب: إيران تختلق هجمات وهمية لرفع أسعار النفط قبل الانتخابات الأمريكية — Roya News
- عشرات آلاف الطلاب يتظاهرون في النمسا احتجاجا على ميزانية الجامعات — Jo24
- آلاف المتظاهرين يحتشدون في باريس عقب قرار قضائي يلغي حظر الشرطة للمسيرات — Roya News
- الداخلية الكويتية تضبط مصنعًا للخمور المحلية في الوفرة وتوقف 7 آسيويين يديرونه — Roya News
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
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