Jordan · Country watch
Flood Warnings, Gold Price Rises, Food Export Strategy
Jordan faces flood warnings affecting logistics and sees a rise in gold prices, while a new strategy aims to boost food exports.
The picture Mixed How this is judged →
Jordan's business environment is mixed with flood warnings affecting logistics, a rise in gold prices impacting retail, and a strategic boost in food exports.
Flare-up watch: High (2.1) · How this is judged → · All Jordan briefings →
In this briefing Jordan's National Strategy for Food Industries · Jordan Meteorological Department · General Syndicate of Owners of Trade and Jewelry Shops
Regulation
Jordan Targets 1.61 Billion Dinar Food Export by 2029
Jordan's national strategy for the food industries sector aims to increase exports to 1.61 billion dinars by 2029, according to Hala Akhbar. The strategy for 2027-2029 focuses on enhancing product value, productivity, and innovation, while developing value chains to boost competitiveness in international markets. The initiative seeks to transform the industrial production structure, supporting the sector's growth and market penetration abroad.
Impact Food manufacturers and exporters in Jordan are set to benefit from strategic initiatives aimed at boosting exports.
Sources: Hala Akhbar ↗, Jo24 ↗
Safety & health
Heavy Rain and Flood Warnings Across Jordan
The Jordan Meteorological Department issued warnings of heavy rain and potential flooding across various regions, including Amman, on Monday. The department also cautioned about reduced visibility due to dust and sand in central areas. Motorists are advised to exercise caution, especially on external roads, according to Jordan News. These weather conditions are expected to persist in the coming hours, affecting transportation and logistics operations.
Impact Logistics companies face potential disruptions due to adverse weather conditions affecting transportation routes.
Sources: Jordan News ↗
Markets
Gold Price in Jordan Rises to 81.6 Dinars
The price of 21-karat gold in Jordan increased to 81.6 dinars per gram for sale on Monday, according to the General Syndicate of Owners of Trade and Jewelry Shops. The buying price stands at 77.8 dinars per gram. The prices for 24-karat and 18-karat gold were also adjusted in the local market, Jo24 reports. This rise reflects ongoing fluctuations in the global gold market, impacting local jewelry trade.
Impact Jewelry retailers in Jordan experience increased costs due to the rise in gold prices.
Sources: Hala Akhbar ↗, Jo24 ↗
Nothing significant reported today in Disruption · Internal tension · Companies · Trade · Politics.
Also today in the local press
- نفط برنت يغلق عند 110.23 دولار مع استقرار عقود يناير 2027 — Roya News
- Le Figaro: 2022–2026… Four Years That Shook Israel to Its Core — Jordan News
- بالفيديو.. الأمن العام ينشر صوراً حية للمداهمة التي أطاحت بالإرهابيين في الكرك — Roya News
- الانتخابات البرلمانية الاسرائيلية والصوت العربي. — Jo24
- قطر تدين اقتحام بن غفير للأقصى وتحذر من تأجيج العنف وتقويض الاستقرار في المنطقة — Roya News
- قراءات قانونية وسياسية للعملية الإرهابية بالكرك.. دعوات لتجريم خطاب الكراهية وتحصين الأسر — Roya News
- ارتفاع أسعار الذهب والليرة الإنجليزية والرشادية في الأردن الإثنين — Roya News
- اليوم 242 للحرب الأمريكية الإيرانية.. اجتماعات مكثفة والقضاء على انفاق للحوثيين في اليمن — Roya News
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
- Argentina: Argentina's Country Risk Rises; Weather Alerts Issued
- Brazil: Lula's Re-election Shakes Markets, New Economic Plans
- Canada: Microsoft Layoffs, Interest Rate Hike Expected
- China: China Tax Crackdown, Xizang Earthquake Relief
- Colombia: Dollar Rises, Halloween Safety Alert in Bogotá
- Germany: Microsoft Layoffs, NRW Network Outage, Metal Strikes Loom
- Egypt: Sisi Gets Military Mandate, Pound Stable, New Industry Cert
- Spain: Data Center Rules Shift, Renfe Strike Looms
- France: Airbnb Rule Change, SNCF Train Delays, Student Protests
- United Kingdom: Healey's Budget Looms, Defence Hiring Debate
- Indonesia: Illegal Gold Seized, Gas Export Cut, Stock Oversight
- Israel: SolarEdge Layoffs, Election Disinformation Efforts
- India: Cyclone Arnab Approaches, Delhi Protests Escalate
- Iraq: Iraq-Jordan MOUs, Simba Telecom License Risk
- Iran: Iran-Russia Energy Talks, US Naval Blockade Debate
- Italy: Ex Ilva Executives Arrested, Meloni Engages Mayors
- Japan: SoftBank Resumes Alerts, Yen Strengthens
- Kenya: Nairobi Water Outage, ABC Bank Takeover Approved
- South Korea: Seoul Shares Dip, Consumer Sentiment Falls
- Lebanon: Ogero Strike, Gold Prices Rise, Budget Talks Begin
- Morocco: Dirham Depreciation, Land Reclamation, EU Tariffs
- Mexico: Transport Strike Halts, Protests Disrupt 19 States
- Malaysia: Haze Crisis Tied to Malaysian Firms; Palm Oil Tech Boost
- Nigeria: Naira Falls, Ebola Patient Evacuated, Kano Appointments
- Netherlands: Dutch Job Cuts, Storm Damage in Brabant
- Poland: Fuel Prices Rise, Tusk Strengthens Vietnam Ties
- Portugal: Portugal Budget Debate Amid Housing Protests
- Russia: Telegram Outage, Russian-African Trade, Diesel Prices
- Senegal: Senegal Budget Talks Progress, Migration Crackdown
- Syria: Nasib Border Closure, Hassakeh Violence, Currency Pressure
- Turkey: TCMB Eases Credit Limits, Severe Weather Warnings
- Ukraine: Martial Law Extended, Dollar Hits Record High
- United States: Microsoft Buyouts, NBA Enters Prediction Markets
- Vietnam: Vietnam Eyes Legal Stability, VEFTA Boosts Seafood
- Yemen: Taiz Hospitals Near Collapse; Aden Security Raids
- South Africa: SAMWU Protest Disrupts M1, China's Zero-Tariff Boost