Jordan tourism revenue rises 7.5% to $5.33bn 

Jordan tourism revenue rises 7.5% to $5.33bn 
Tourists looking at the Treasury of Petra and taking photos with the camels. Getty
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Updated 17 September 2025
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Jordan tourism revenue rises 7.5% to $5.33bn 

Jordan tourism revenue rises 7.5% to $5.33bn 

RIYADH: Jordan’s tourism sector reversed its declining revenue trajectory in the first eight months of 2025, posting a 7.5 percent increase as it pulled in $5.33 billion.

This was in contrast to the 3.7 percent drop seen in the same period of 2024.

Tourism income in August reached $932.2 million, up 2.6 percent from the same month of the previous year, which had seen a 0.3 percent decline, Jordan News Agency, or Petra, reported, citing preliminary data from the country’s central bank.

The growth was supported by a 14.9 percent increase in tourist arrivals. 

These figures reflect Jordan’s momentum in tourism recovery, supported by improved international air connectivity, greater marketing efforts and infrastructure investment, in line with its National Tourism Strategy 2021-25 and Economic Modernization Vision. 

“The data indicated growth in tourism revenue from Asian nationalities (38.4 percent), European (30.2 percent), American (18.6 percent), Arab (5.5 percent), and other nationalities (34.0 percent),” the Petra report stated. 

It added: “Meanwhile, revenue from Jordanian expatriates dropped by 1.3 percent.” 

Outbound tourism expenditure — money spent by Jordanians abroad — rose 4 percent in the first eight months to $1.44 billion. In August alone, spending increased 4.5 percent to $196.8 million. 

Jordan maintained a steady upward trend in tourism performance earlier in 2025. In the first quarter, revenues rose about 8.9 percent year-on-year, with international arrivals up nearly 19 percent, supported by improved air connectivity, expanded marketing efforts, and infrastructure investments. 

In the first half of 2025, tourism revenues increased 11.9 percent to $3.67 billion, despite regional headwinds and other external pressures. 

January alone saw revenues surge 22.8 percent to $680.5 million, driven by higher spending from Jordanian expatriates, Arab visitors, and non-Arab international tourists. 

Jordan’s performance mirrors a wider tourism surge across the Middle East. 

A May release from the World Travel & Tourism Council showed the sector contributed $341.9 billion to regional gross domestic product and supported 7.3 million jobs in 2024, with projections rising to $367.3 billion and 7.7 million jobs in 2025. 

Saudi Arabia led the region with a 148 percent jump in international tourism revenue in 2024, according to its Ministry of Tourism, while Oman, the UAE, and Qatar continued to draw strong visitor flows through investment, improved connectivity, and major events. 


Qatar sells $4bn in two-part debt issue

Qatar sells $4bn in two-part debt issue
Updated 04 November 2025
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Qatar sells $4bn in two-part debt issue

Qatar sells $4bn in two-part debt issue

ABU DHABI: Qatar, among the world’s top exporters of liquefied natural gas, tapped global debt markets for $4 billion in a two-tranche issue which attracted hefty order books and allowed the Gulf state to achieve more favorable pricing than initially indicated.

Qatar sold a $1 billion, three-year bond at 15 basis points over US Treasuries and a $3 billion Islamic bond, or sukuk, with a 10-year tenor at 20 basis points over the same benchmark, according to a document from a lead manager.

Orders for the issuance hit $13.5 billion ahead of launch, fixed income news service IFR reported, allowing the sovereign — rated AA by Fitch and S&P and Aa2 by Moody’s — to tighten pricing substantially from earlier guidance.

In the second quarter of 2025, Qatar posted a budget deficit of 757 million riyals ($208 million) as public spending rose 5.7 percent from a year earlier and lower oil prices weighed on revenue.

It raised $3 billion from debt markets in February.

Several Gulf sovereigns have issued debt in recent weeks as strong global appetite and attractive borrowing costs have allowed governments to increase funding sources to help refinance debt, plug budget deficits, and invest in ambitious economic diversification plans.

Deutsche Bank, Goldman Sachs International, QNB Capital and Standard Chartered Bank were mandated global coordinators on Qatar’s bond issue. They were joined by Santander, Citi, Emirates NBD Capital, ICBC, IMI-Intesa Sanpaolo and SMBC as joint lead managers.

Citi, Deutsche Bank, QNB Capital and Standard Chartered Bank were global coordinators for the sukuk as well as joint lead managers along with Al Rayan Investment, Dubai Islamic Bank, Emirates NBD Capital, Goldman Sachs, Islamic Corporation for the Development of the Private Sector, IMI-Intesa Sanpaolo and KFH Capital.