AGP Executive Report
Last update: 35 minutes agoEconomic Stability: Jordan ranked third globally in “sound money,” while officials say monetary stability has held despite global turmoil. Expatriate remittances reached $2.97 billion in the first seven months, up 14.1%. Investment & Jobs: A proposed $2.5 billion Aqaba–Ma’an railway is expected to carry 16 million tonnes of minerals a year and create 5,000 jobs. Jordan has also opened qualification for a 450-megawatt pumped-storage project, as its textile sector expands production and exports. Tourism & Trade: Aqaba is preparing to host SOFEX, with expectations of a boost for tourism and commerce; a new Petra hotels program aims to ease sector operating pressures. Regional Diplomacy: Jordan reaffirmed support for Palestinian rights and condemned settler attacks on Palestinians and European diplomats in the West Bank.
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