Jordan’s exports to Syria jump 341% in first 10 months 

According to foreign trade data issued by the Department of Statistics, Jordan’s imports from Syria reached around 75 million dinars over the same period, up 47.1 percent annually. Shutterstock
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Updated 25 December 2025
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Jordan’s exports to Syria jump 341% in first 10 months 

RIYADH: Jordan’s national exports to Syria rose to 203 million Jordanian dinars ($286 million) in the first 10 months of 2025, marking a 341.3 percent year-on-year increase, new figures show. 

According to foreign trade data issued by the Department of Statistics, Jordan’s imports from Syria reached around 75 million dinars over the same period, up 47.1 percent annually, the Jordan News Agency, Petra, reported. 

Total trade between the two countries stood at 278 million dinars in the first 10 months of the year, compared with 97 million dinars in the same period of 2024. 

The growth reflects closer bilateral ties, as Jordan has reaffirmed its commitment to supporting Syria’s recovery and reintegration, a relationship seen as important for reconstruction efforts as well as regional stability and economic cooperation. 

In May, the two sides also agreed to draft a comprehensive road map to guide future cooperation, with a focus on investment, joint ventures and reconstruction initiatives.  

“Trade relations between Jordan and Syria recorded notable growth over the last ten months of this year, driven by the resumption of commercial activity and a marked increase in bilateral trade flows,” the Petra report stated.  

It added: “Jordanian exports to Syria are primarily concentrated in construction-related industries and building materials, including cement, steel, marble, tiles, paints, and pipes, in addition to electrical equipment, as well as food, agricultural, and chemical products.” 

Jordan and Syria are also expected to strengthen cooperation and exchange expertise in the banking and financial sectors, following meetings between the two countries’ central bank governors earlier this month. 

Jordan’s export growth to Syria comes amid a broader rise in trade with Arab markets, as Jordanian exports to countries in the Greater Arab Free Trade Area continued to climb during the first 10 months of the year, keeping Arab states at the forefront of the country’s trading partners. 

According to foreign trade data from the Department of Statistics, Jordanian exports to the region rose 8.7 percent year on year to 3.24 billion dinars, compared with 2.98 billion dinars in the same period last year. Arab countries accounted for about 41.5 percent of Jordan’s total exports during the period. 

Imports from countries within the Greater Arab Free Trade Area also increased, rising 8 percent to 4.58 billion dinars in the first 10 months of the year, up from 4.25 billion dinars a year earlier. 

As a result, Jordan’s trade deficit with the region widened to about 1.34 billion dinars during the period, compared with 1.26 billion dinars in the corresponding period last year, reflecting stronger import growth alongside rising exports.


Closing Bell: Saudi stocks slip as Tadawul falls 1% amid broad market weakness

Updated 30 December 2025
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Closing Bell: Saudi stocks slip as Tadawul falls 1% amid broad market weakness

RIYADH: Saudi stocks fell sharply on Tuesday, with the Tadawul All Share Index closing down 108.14 points, or 1.03 percent, at 10,381.51.

The broader decline was reflected across major indices. The MSCI Tadawul 30 Index slipped 0.78 percent to 1,378.00, while Nomu, the parallel market index, fell 1 percent to 23,040.79.

Market breadth was strongly negative on the main board, with 237 stocks falling compared to just 24 gainers. Trading activity remained robust, with 164.7 million shares changing hands and a total traded value of SR3.19 billion ($850.6 million).

Among the gainers, SEDCO Capital REIT Fund led, rising 2.73 percent to SR6.77, followed by Chubb Arabia Cooperative Insurance Co., which gained 2.69 percent to SR20.20.

National Medical Care Co. added 1.72 percent to close at SR141.60, while Alyamamah Steel Industries Co. and Thimar Advertising, Public Relations and Marketing Co. advanced 1.57 percent and 1.13 percent, respectively.

Losses were led by Al Masar Al Shamil Education Co., which tumbled 8.36 percent to SR24.65. Raoom Trading Co.fell 6.75 percent to SR64.20, while Alkhaleej Training and Education Co. dropped 6.60 percent to SR18.12 and Naqi Water Co. declined 5.51 percent to SR54.00. Gulf General Cooperative Insurance Co. closed 5.44 percent lower at SR3.65.

On the announcement front, Chubb Arabia Cooperative Insurance Co. signed a multiyear insurance agreement with Saudi Electricity Co. to provide various coverages, expected to positively impact its financial results over the 2025–2026 period. The deal will run for three years and two months and is within the company’s normal course of business.

Meanwhile, Bupa Arabia for Cooperative Insurance Co. announced a one-year health insurance contract with Saudi National Bank, valued at SR330.2 million, covering the bank’s employees and their families from January 2026. Despite the sizable contract, Bupa Arabia shares fell 0.8 percent to close at SR137, weighed down by the broader market weakness.

In contrast, United Cooperative Assurance Co. revealed an extension of its engineering insurance agreement with Saudi Binladin Group for the Grand Mosque expansion in Makkah. The contract value exceeds 20 percent of the company’s gross written premiums based on its latest audited financials and is expected to support results through 2026. However, the stock came under selling pressure, ending the session down 4.51 percent at SR3.39.