EBRD, UK and Jordan launch private investment drive

EBRD, FCDO and JIC launch investment promotion project Goal is to mobilise contributions from Jordan’s diaspora Developing entrepreneurship, innovation and the economy The European Bank for Reconstruction and Development, the UK Government’s Foreign, Commonwealth & Development Office (FCDO) and the Jordan Investment Commission (JIC) are partnering to promote foreign direct investment (FDI) in Jordan as an indispensable source of […]

JIC chief reviews achievements at Annual Investment Meeting

AMMAN — The Jordan Investment Commission (JIC) on Wednesday took part in the 2021 digital edition of the Annual Investment Meeting (AIM). During the event, JIC Acting Chairman Faridon Hartouqa highlighted the commission’s efforts, especially in reviewing investment laws to ensure transparency and clarity, and unify government’s investment-related services in addition to automating the commission’s […]

Expanded Jordanian-Turkish investment forum to be held in March

AMMAN — The Jordan Investment Commission (JIC) and the Turkish Industry and Business Association (TUSIAD) on Wednesday announced that an expanded Jordanian-Turkish investment forum will be held next March with broad participation from the Jordanian private sector and Turkish business community. The announcement came during a virtual meeting by the JIC and TUSIAD to promote […]

Agreement signed to train JIC members on artificial intelligence

AMMAN — The Jordan Investment Commission (JIC) signed an agreement with the coalition of Fanous Consulting and Training and International Talents Institute – Abu Dhabi to train a JIC team on assessing the institutional maturity for artificial intelligence and tools for future management through using the Artificial Intelligence Maturity Assessment (AIMA). JIC Acting Chairman Faridon […]

206 foreign investors granted Jordanian nationality since October 2

AMMAN — A total of 206 foreign investors were granted the Jordanian nationality between October 2 and December 28, while the Jordan Investment Commission (JIC) is still considering 30 applications, JIC Acting Chairman Faridon Hartouqa said on Monday. The volume of granted investments had a direct impact on the national economy reaching a total of […]

Jordan Investment Commission launches 6 new e-services

The new e-services is a completion of the JIC’s automation project, which is expected to be completed in mid-2021   AMMAN — The Jordan Investment Commission (JIC) on Tuesday launched six new e-services, according to a JIC statement. Labour Minister and Minister of State for Investment Affairs Maen Qatamin attended the launching ceremony, which is […]

PM chairs meeting on investment strategy

Amman, Dec 14 (Petra) –– The Jordan Investment Commission (JIC) Monday approved an Arab Potash Company proposal to set up a special development zone south of the Dead Sea to launch potash chemical industries projects at an estimated capital of $330 million, which will create about 700 direct and indirect job opportunities. Prime Minister Bisher […]

JIC, Sindyan sign agreement to support investment

AMMAN — Jordan Investment Commission (JIC) on Sunday signed a memorandum of cooperation with Sindyan Entrepreneurship and Development, according to a JIC statement. The memorandum, signed by JIC acting Chairman Faridon Hartouqa and Sindyan’s secretary general Fadi Daoud, aims at boosting cooperation between the two parties to exchange expertise, ensure a supporting environment for investment […]

Assigning Fareedon Hartoqa to act as President of the Investment Commission

the Council of Ministers approved the resignation of Jordan Investment Commission President Khalid Wazani, where Prime Minister and Minister of Defence Bisher Al Khasawneh decided to name commission Secretary General Faridon Hartouqa as acting president. Fareedon Hartoqa is currently the Acting Chairman of JIC, the government entity responsible for investment promotion and export development.   […]

Jordan’s economy to shrink by 3.5% to the end of 2020, says JIC head

Amman, Nov. 1 (Petra)- Chairman of Jordan Investment Commission (JIC), Dr. Khaled Wazzani, has forecast Jordan’s economic growth will shrink by 3.5% to the end of the year. In a working paper presented during the “Post-Cvid-19 Jordanian Economic Conference,” organized by the Jordan Society for Scientific Research, Entrepreneurship, and Creativity (JSSREC), in cooperation with the […]