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Business & Economy

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  3. Jordan Economy Remains Resilient Amid Regional Tensions, Says Minister

Jordan Economy Remains Resilient Amid Regional Tensions, Says Minister

08/04/2026 | 14:00:56

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Jordan Economy Remains Resilient Amid Regional Tensions, Says Minister

Amman, April 8 (Petra) -- Minister of Industry, Trade, and Supply, Yarub Qudah, said Jordan's economy continues to grow, remain resilient, and adapt despite regional tensions, supported by stronger partnerships with the private sector and with partner countries.

Opening the Economic Forum for Diplomatic Missions in Jordan on behalf of the prime minister, Qudah said local markets had seen no shortages in goods in recent months, while the Aqaba Port maintained operating levels comparable to last year, underscoring the resilience of supply chains.

He added that the government remains committed to direct engagement with the private sector and to advancing the Economic Modernization Vision through practical partnerships and joint projects.

Qudah said economic growth in 2025 accelerated gradually from 2.6 percent in the first quarter to 3 percent in the fourth quarter, above international forecasts. He added that national exports rose 10 percent last year from 2024 levels, with notable growth in Arab, Asian, and EU markets, while foreign investment increased by more than 25 percent and re-export activity expanded, reinforcing Jordan's position as a regional economic and logistics hub.

He said the tourism sector grew by more than 7 percent last year despite regional challenges, particularly the repercussions of events in Gaza, while early 2026 indicators showed continued positive momentum, with national exports rising by more than 11 percent in January alongside higher foreign investment and broader export market access.

He also highlighted major strategic projects, including the National Water Carrier, the railway project, and Amra City, describing them as key growth drivers moving ahead at a steady pace.

He explained that exports were partially impacted by regional developments; however, alternative markets helped mitigate part of this decline. He underscored the continued flow of exports, particularly in the food and pharmaceutical sectors, to several friendly countries.

He added that Jordan pursues a policy grounded in regional integration and cooperation, noting that its economic relations with friendly countries are built on the principle of shared destiny, a foundation that bolsters both stability and sustainable development.

Foreign Ministry Secretary-General Daifallah Fayez said economic diplomacy is becoming increasingly important as a practical tool to support and accelerate implementation of the Economic Modernization Vision by attracting investment, opening new markets, building strategic partnerships, and facilitating knowledge and technology transfer.

He said Jordan has dealt with current regional and international challenges, including geopolitical shifts, supply-chain disruptions, and rising financing and energy costs, through a realistic and flexible approach.

Fayez added that, under the guidance of His Majesty King Abdullah II, Jordan has maintained a safe and attractive investment climate that supports investor confidence and business sustainability.

He said investment opportunities in the Kingdom span priority sectors including renewable energy, mining, information technology, tourism, logistics, and infrastructure, supported by a stable legislative framework, qualified human capital, and a strategic location that positions Jordan as a regional hub for re-export, storage, and logistics services.

Jordanian Businessmen Association President Ayman Alawneh said the national economy has demonstrated resilience and flexibility in absorbing shocks, backed by ongoing structural reforms and strong national resolve despite regional crises, supply-chain disruptions, and pressures on energy, food, and financing. He said Jordan remains a model of stability and moderation and a reliable regional and international partner.

Alawneh said the Kingdom has preserved an attractive investment environment based on the rule of law, clear legislation, and openness to the world, helping build investor confidence and long-term partnerships. He stressed that the private sector is the main engine of growth and a core partner in implementing the Economic Modernization Vision, and said public-private partnership remains essential for delivering major projects in energy, infrastructure, industry, tourism, and technology.

The forum aimed to deepen economic dialogue, build effective international partnerships, and reinforce Jordan's standing as an attractive investment destination.

It brought together ambassadors and representatives of diplomatic missions accredited to the Kingdom, including envoys from the European Union, the United States, the United Kingdom, and several Arab and other countries, giving it strategic significance in advancing economic, trade, and investment ties.

The event also focuses on expanding public-private partnerships in strategic sectors, including water, transport, energy, infrastructure, industry, tourism, and information technology. It will also feature selected Jordanian business success stories as examples of the private sector's ability to innovate, expand, and compete regionally and internationally.

//Petra// AO

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