Jordan · Country watch
Jordan-Syria Trade Grows, Gold Prices Surge
Jordan and Syria sign trade agreements boosting cooperation, while local gold prices rise sharply affecting retail and finance sectors.
The picture Improving How this is judged →
Jordan's business environment is improving with new trade agreements with Syria and Barbados, enhancing opportunities in logistics and manufacturing. Rising gold prices affect retail and finance.
In this briefing General Association of Owners of Jewellery and Jewelry Shops · Ayman Safadi · Jordan · Syria · Mia Mottley · Barbados
Markets
Gold Prices Rise to JD 83.80 per Gram in Jordan
Gold prices in Jordan's local market rose by 80 piastres per gram on Monday, reaching JD 83.80 per gram, according to the General Association of Owners of Jewellery and Jewelry Shops, as reported by Jordan News. The increase aligns with a global rise in gold prices, which exceeded one percent, driven by falling oil prices that eased inflation concerns.
Impact Retailers and financial institutions dealing in gold will face higher costs and potential changes in consumer demand.
Sources: Jordan News ↗
Trade
Jordan-Syria Sign 11 Trade Cooperation Documents
Jordan and Syria have signed 11 cooperation documents during the third session of the Syrian-Jordanian Higher Coordination Council, according to Hala Akhbar. The agreements cover sectors including transport, energy, investment, trade, food security, water, and telecommunications. The total trade exchange between the two countries reached $330 million over the past year. Jordan's Foreign Minister Ayman Safadi emphasized the importance of these agreements in enhancing economic integration and cooperation between the two nations.
Impact Logistics, energy, and finance sectors in Jordan will benefit from increased trade and investment opportunities with Syria.
Sources: Hala Akhbar ↗
Jordan and Barbados Explore Industrial Cooperation
Jordanian and Barbadian officials discussed potential industrial cooperation, with a focus on signing a bilateral agreement to protect and promote investment, Jo24 reports. Jordan's industrial products currently reach over 150 markets, and the country's pharmaceutical exports amount to approximately JD 668.7 million. Barbados' Prime Minister Mia Mottley expressed interest in strengthening ties and exploring new opportunities for collaboration.
Impact Manufacturers and pharmaceutical exporters in Jordan may see new market opportunities and investment protections in Barbados.
Sources: Jo24 ↗
Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Companies · Politics.
Also today in the local press
- السعودية: استهداف خط أنابيب شرق – غرب في منطقة المدينة المنورة — Hala Akhbar
- خبير اقتصادي: نجاح الموازنة لا يُقاس بحجم الإنفاق بل بأثره الملموس على المواطن — Roya News
- الطاقة السعودية: استهداف خط أنابيب شرق-غرب في المدينة المنورة دون إصابات أو تأثر للعمليات التشغيلية — Roya News
- أسعار النفط تهبط بنسبة 4% وسط تزايد الآمال باتفاق وشيك بين واشنطن وطهران — Roya News
- الذهب يقفز بأكثر من 1% متجاوزاً 4120 دولاراً بدعم من تراجع النفط وانحسار المخاوف التضخمية — Roya News
- أزمة النقل الجامعي تلاحق الطلبة.. شكاوى من نقص الحافلات وغياب الخطوط المباشرة والنقل البري توضح — Roya News
- حوادث وسرعات مخالفة وازدحامات مرورية.. تفاصيل التقرير المروري اليومي — Jo24
- البيتكوين تسجل أدنى مستوياتها منذ شهرين ومخاوف الأسواق تتصاعد — Roya News
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.