Jordan’s company registrations rise 49% over 5 years, capital hits $638m
Jordan’s company registrations rise 49% over 5 years, capital hits $638m /node/2628231/business-economy
Jordan’s company registrations rise 49% over 5 years, capital hits $638m
A total of 7,604 companies were registered during the last year, up from 6,408 in 2024 and 5,088 in 2019, according to data from the Companies Control Department cited by the Jordan News Agency, or Petra. Shutterstock
Jordan’s company registrations rise 49% over 5 years, capital hits $638m
Updated 04 January 2026
ARAB NEWS
RIYADH: Jordan recorded a sharp increase in company registrations in 2025, with the number of newly registered firms rising 49 percent from 2019 levels, new data showed.
A total of 7,604 companies were registered during the last year, up from 6,408 in 2024 and 5,088 in 2019, according to data from the Companies Control Department cited by the Jordan News Agency, or Petra.
Registered capital exceeded 453 million Jordanian dinars ($638 million), reflecting increased capital formation alongside higher business creation.
The new data reflect significant growth in Jordan’s corporate sector, driven by higher new company registrations and stronger investor confidence in business expansion and capital formation.
It also aligns with S&P Global’s expectation that Jordan’s economy will expand by 2.6 percent in 2025, supported by a rebound in travel and tourism, shifting regional dynamics, and a gradual pickup in trade with Syria and Iraq.
The Petra report stated: “Limited liability companies dominated new registrations, accounting for 5,586 companies, or 73.5 percent of total registered capital, with a value exceeding 167 million dinars.”
It added: “The number of companies dissolved or struck off declined by 27 percent from 2024 to 1,334, and by 76 percent compared with 2019, when 5,557 companies were removed from the registry.”
Capital increases by existing companies also accelerated. About 1,518 firms boosted their registered capital by more than 1.2 billion dinars, representing a 186 percent increase from 2024.
By contrast, 224 companies reduced their capital by around 205 million dinars. Overall, net new capital registered rose more than eightfold from 2019 and nearly tripled from 2024 to exceed 1.28 billion dinars.
In September, Jordan maintained its long-term sovereign credit rating at ‘BB-’ with a stable outlook, according to S&P Global, underscoring the nation’s resilience despite heightened regional security challenges.
In its assessment, the US-based ratings agency attributed the decision to Jordan’s macroeconomic stability, steady progress on financial and structural reforms, and continued international support.
The outlook is further reinforced by improving fiscal performance. Official figures showed that domestic revenues climbed 3.6 percent in the first half of 2025 to 4.67 billion dinars, supported by government measures to bolster public finances.
This increase of about 164.7 million dinars coincided with a reduction in public debt, which fell to 35.3 billion dinars, or 90.9 percent of gross domestic product, down from 92.7 percent in May, according to Central Bank of Jordan figures.
Artificial intelligence is transitioning into a ‘digital employee’
AI can be an effective tool, business leaders tell Arab News
Not about jobs, but ‘convergence of human capital and AI’
Updated 4 sec ago
Hebshi Alshammari
RIYADH: Artificial intelligence is fundamentally reshaping the world of work, transitioning from a supporting tool to an active partner that is radically changing the nature of professions and productivity standards.
Amidst the current global transformations, an active regional digital environment is emerging.
This is being led by Saudi Arabia through Vision 2030 and massive investments in smart infrastructure, providing a living model for studying the implications of this partnership between humans and machines on the future of work in the region.
Arab News spoke to various business leaders about the emerging shape of the sector.
Salem Bagami, co-founder of Metatalent, said the ideal relationship between humans and machines at work should be complementary and collaborative.
Humans would bring creativity, emotional intelligence, and complex decision-making, while machines excel at processing big data and performing repetitive, precise tasks.
He believes that this type of balanced partnership would lead to unprecedented productivity and innovation.
While machines excel at processing big data and performing repetitive, precise tasks, humans would bring creativity, emotional intelligence, and complex decision-making. (Supplied)
Mohammad Al-Jallad, chief technologist and director at HPE, said AI has gone beyond being merely an executive tool to becoming a “digital employee” entrusted with automating routine tasks and providing insights based on data analysis.
He believes that the real opportunity lies not in the debate over job replacement, but in “the convergence of human capital and artificial intelligence.”
AI should augment human teams by taking on menial and routine tasks, enabling employees to focus on critical thinking, creativity, and ethical reasoning, significantly improving operational results.
Bagami also emphasized the complementary nature of this partnership. “The ideal relationship between humans and machines at work is one of collaboration, where each complements the others.”
He explained that humans bring creativity, emotional intelligence, and nuanced decision-making, while machines excel at processing big data and performing repetitive tasks efficiently, leading to increased productivity and innovation.
Opinion
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Salem Alanazi, chairman of Jathwa Technology Co., notes a significant trend among Saudi Arabia companies toward using AI applications to provide faster services to customers at lower costs.
The emergence of the “virtual employee” available around the clock has eliminated the need for some traditional jobs in specific sectors.
Alanazi warns that some companies’ reluctance to adopt AI may expose them to real risks. “All those who hesitated to benefit from AI applications have a lack of understanding of these technologies.”
He said those who adopt these technologies will be able to offer lower-cost, higher-quality services, which will affect the market position of companies that lag behind.
Ali Aljumhour, CEO of VALUE Consultancy, said that the transition of AI into a partner has reshaped the list of most in-demand skills in the job market.
Skills such as “prompt engineering,” “human-machine integration,” and “digital ethics” are becoming increasingly important.
He added that AI has become an instantly available “technical knowledge base,” shifting the criteria for professional distinction toward those capable of smart interaction with these technologies.
In terms of ethics, transparency, and trust, Alanazi points to the complexities of global AI governance, where legislation overlaps and evolves rapidly to keep pace with potential risks, particularly in the areas of cybersecurity and privacy.
Ali Aljumhour, CEO of VALUE Consultancy. (Supplied)
Al-Jallad emphasizes this crucial dimension, noting that providing responsible and reliable AI solutions that meet the highest standards of transparency is a key priority, especially in regulated sectors.
Bagami believes there should be basic standards for the ethical use of Al, emphasizing the need for transparency, accountability, and fairness, along with using diverse data sets to prevent bias and protect privacy.
He believes that building trust between humans and machines requires clear explanations of how systems work, giving users the opportunity to provide feedback and conducting periodic performance reviews.
On performance evaluation, Aljumhour said: “I expect radical changes in standards, shifting from measuring individual effort to evaluating the quality of the partnership between humans and machines.”
There should be a focus on the quality of inputs provided to intelligent systems, the accuracy of review and modification, and complex decision-making based on outputs.
He warns, however, of new risks that may arise, such as over-reliance on AI or difficulty in determining responsibility for mistakes.
In the employment sector, Aljumhour expects fundamental changes in standards.
There will be questions and tests focusing on measuring skills in dealing with AI, such as asking candidates about their experiences of collaborating with these systems, or testing their ability to formulate effective requests for complex tasks.
Aljumhour identifies significant human challenges in this transition, with “fear, loss of power, and exclusivity of knowledge” being the biggest concerns for experienced employees.