23rd edition of Jordan Economic Conference commences

23rd edition of Jordan Economic Conference commences
Minister of Industry, trade, and Supply and the Minister of Labor, Yousef Al-Shamali. (Photo: Jordan News Agency, Petra)
AMMAN — The 23rd Jordan Economic Conference, organized by the Afaq Group for Media and Conference Planning, held under the title "Innovation in E-Commerce," launched on Tuesday, September 5, with broad international participation to strengthen economic and investment cooperation in the Kingdom.اضافة اعلان

Minister of Industry, trade, and Supply and the Minister of Labor, Yousef Al-Shamali, said during the opening of the two-day conference, that the volume of e-commerce in Jordan is still below the government’s goals, reaching about $788 million dollars in 2020, while, globally, the volume of e-commerce hit $5.7 trillion last year, including $37 billion earned in the Middle East and North Africa region alone.

In 2026, the industry is projected to continue its upward trend, reaching $8.1 trillion globally, including $57 billion in the Middle East and North Africa.

Developing the sector
Shamali stressed that the government is working to facilitate the transformation of existing commercial, industrial, and service institutions to adopt e-commerce, pointing out that the challenge is to accelerate this transformation at a pace that exceeds its current growth.

He explained that the factors for success in this field are many, the most prominent of which are: having a developed sector of communications and information technology, a persistent effort to shift towards the economy and digital services, the establishment of a supportive legislative and regulatory environment, close political and economic relations of the Kingdom with other countries, growing digital skills among the youth group in particular, and shifting toward a formal strategy for promoting innovation and entrepreneurship that makes use of technology tools in industry, trade, and services.


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