‘Made in Jordan’ Campaign Launched to Support National Industry

Jordanian employees work at a ceramics workshop in Amman. (Reuters)
Jordanian employees work at a ceramics workshop in Amman. (Reuters)
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‘Made in Jordan’ Campaign Launched to Support National Industry

Jordanian employees work at a ceramics workshop in Amman. (Reuters)
Jordanian employees work at a ceramics workshop in Amman. (Reuters)

Jordanian Minister of Labor Ali al-Ghazawi stressed on Thursday that the competitiveness of the industrial sector was based on increasing the local added value, introducing technology and relying on local labor, in addition to marketing.

During the launch of the “Made in Jordan” campaign by the Amman Chamber of Industry, Ghazawi underlined the need to maintain the strengthening of vocational training in order to create a qualified and trained Jordanian labor force in various industrial fields.

He also pointed to “the importance of granting special attention to the national industry”, noting that the Jordanian legislation greatly protects the local industry and provides the adequate environment to promote and achieve prosperity.

Ghazawi emphasized the importance of partnership between the public and private sectors, especially within Jordan’s industrial sector, which he said was a “major driver of economic growth and a generator of sustainable employment.”

The minister talked about the “National Program for Empowerment and Employment”, to which the government allocated about 100 million dinars (about $ 140 million), targeting several sectors.

The head of “Made in Jordan” campaign, Moussa al-Saket, said that the new campaign was a culmination of the Chamber’s policy to support and develop the national industry, pointing out that the sector was one of the pillars of national economy and an important factor of its progress.

The industrial sector “contributes to about a quarter of the GDP, in addition to supporting other economic sectors... it also provides the balance of payments with more than $7 billion in exports and investment. The national industry employs about 230,000 workers, who support more than one million citizens. The employees receive more than one billion dinars a year in salaries and compensation.”



Russia's Novak: Oil Market Balanced Thanks to OPEC+

Russia's Deputy Prime Minister Alexander Novak and OPEC Secretary General Haitham Al Ghais attend a news briefing in Moscow, Russia November 22, 2024.  REUTERS/Olesya Astakhova
Russia's Deputy Prime Minister Alexander Novak and OPEC Secretary General Haitham Al Ghais attend a news briefing in Moscow, Russia November 22, 2024. REUTERS/Olesya Astakhova
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Russia's Novak: Oil Market Balanced Thanks to OPEC+

Russia's Deputy Prime Minister Alexander Novak and OPEC Secretary General Haitham Al Ghais attend a news briefing in Moscow, Russia November 22, 2024.  REUTERS/Olesya Astakhova
Russia's Deputy Prime Minister Alexander Novak and OPEC Secretary General Haitham Al Ghais attend a news briefing in Moscow, Russia November 22, 2024. REUTERS/Olesya Astakhova

The global oil market is balanced thanks to the actions of OPEC+ countries and compliance with its quotas, Russian Deputy Prime Minister Alexander Novak said on Friday following a Russia-OPEC meeting.
OPEC+ countries, which are pumping around half the world's oil, are taking all necessary decisions to maintain market stability, Novak also said after meeting OPEC Secretary General Haitham Al Ghais in Moscow.
"Today, while discussing the situation and forecasts, we assess the current market as balanced. That's thanks primarily to the actions of OPEC+ countries and coordinated actions to comply with the quotas, voluntary commitments of OPEC+ count," Novak said.
The meeting comes as OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, prepares to meet on Dec.1.