Jordan Daily Brief — Monday, June 15, 2026
Jordan welcomed the US-Iran ceasefire agreement as a vital step for regional stability, while the northern military zone foiled an infiltration and downed a drug-smuggling drone. A new Jordan Chamber of Industry study identified JD9 billion in untapped local manufacturing potential, JPMC and Uzbekistan launched joint fertilizer talks, the ASE edged up 0.1%, and the US funded a JD1.4 million reservoir upgrade in the southern Jordan Valley.
Jordan welcomed the US-Iran ceasefire agreement on Monday as the kingdom's biggest regional news in weeks, while its military foiled an infiltration and a drug drone on the northern border, a new industry study identified JD9 billion in untapped local manufacturing potential, and the Amman Stock Exchange edged up on financial-sector gains.
Jordan welcomes US-Iran agreement to halt military operations
Jordan's Ministry of Foreign Affairs on Monday backed the agreement reached between Washington and Tehran to halt military operations and open thorough negotiations toward a permanent accord. 1
The ministry called the deal "a vital step for restoring regional and international stability" and praised the mediation carried out by Pakistan, Qatar, and other partner nations. It said a lasting agreement must respect state sovereignty, align with the principle of good neighbourliness, and restore maritime security and freedom of navigation in the Strait of Hormuz "to the situation that existed before February 28, 2026." 2
FM Ayman Safadi later held a phone call with Saudi Foreign Minister Prince Faisal bin Farhan to review regional developments following the announcement. 3
Jordan has consistently called for diplomatic resolution since the US-Iran conflict began in late February. The Arab Parliament also issued a separate statement Monday welcoming the deal. 4
Northern border: infiltration foiled, drug drone downed
The Jordan Armed Forces reported two incidents on the northern frontier over Sunday night and early Monday morning. 5
In the first, border guards apprehended an individual who crossed illegally from Syrian territory into Jordan; the person was arrested and referred to the relevant authorities. Hours later, a drone carrying narcotics was detected approaching from the northern front — border forces applied rules of engagement, shot the drone down inside Jordanian territory, and transferred the seized materials to authorities.
The JAF has been reporting drone-borne drug-smuggling attempts with notable regularity; Sunday's interception follows a pattern of similar operations published in previous weekly briefings.
Prince Faisal graduates the 23rd national defence course
HRH Prince Faisal bin Hussein, acting as Regent on behalf of King Abdullah II, presided over the graduation of the 23rd National Defence Course at the Royal Jordanian National Defense College on Monday, attended by Chairman of the Joint Chiefs of Staff Major General Yousef Huneiti. 6
The course awards a Master's degree in Management and Strategic Studies and a postgraduate diploma in National Resource Management. Participants included officers from across the Jordan Armed Forces and security agencies, alongside officers from 14 allied and partner nations: the UAE, Saudi Arabia, Bahrain, Oman, Kuwait, Morocco, Egypt, Nigeria, Pakistan, Tanzania, Indonesia, the United States and Germany.
Prince Faisal handed diplomas to graduates and wrote in the visitors' book, expressing pride in the academic and military level achieved by the course's students.
JD9 billion in potential manufacturing investment identified
A new study by the Jordan Chamber of Industry has mapped nearly JD9 billion worth of imported goods that have no domestic production alternative — the largest published figure of its kind for the kingdom. 7
Titled "Production Gaps and Import Substitution Alternatives," the study analysed foreign trade data across ten sectors: food, engineering, pharmaceuticals, chemicals, plastics, leather and garments, mining, construction materials, wood, and packaging. The strongest prospects are in high-import-value goods with persistent trade deficits and clear conditions for domestic production.
The chamber said a second phase will produce detailed investment profiles — covering market size, export potential, supply chains and preliminary feasibility — and pledged to work with government and private-sector partners to channel capital into priority sectors.
JPMC and Uzbekistan agree to study joint fertilizer projects
Jordan Phosphate Mines Company (JPMC) Chairman Mohammad Thneibat met Uzbekistan's Minister of Investment Laziz Kudratov in Tashkent on Monday to discuss joint phosphate fertilizer projects. 8
The two sides agreed that technical teams will convene in Amman in the first half of July to complete economic and technical feasibility studies. Uzbekistan offered to supply ammonia, natural gas and sulfur at preferential prices, which JPMC said would improve project viability. Thneibat also met OzkimyoSanoat Chairman Temirov Odil in a separate session to explore joint ventures in fertilizer production.
ASE closes up 0.1%, financial stocks lead
The Amman Stock Exchange finished Monday's session with a gain of 0.1%, the general price index closing at 4,019 points on total trading of JD18.8 million across 5,137 transactions. 9
Of 102 listed companies, 36 gained and 33 dropped. The financial sector index rose 0.61%; industry and services fell 0.60% and 0.53% respectively.
US funds Al Hasa reservoir upgrade in South Jordan Valley
The Jordan Valley Authority on Monday inaugurated the rehabilitation and expansion of Al Hasa reservoir in Ghor Al-Safi, funded by the U.S. Embassy in Amman at a cost of approximately JD1.4 million. 10
The reservoir currently manages around 24 million cubic metres of water annually and irrigates roughly 55,000 dunums. The project increases storage capacity, upgrades control and operation systems, and improves sedimentation and treatment facilities to cut water loss. Once completed, the upgraded facility is expected to serve about half of all irrigated farmland in the southern Jordan Valley and maintain drinking water supply for nearby communities.
References
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- 9ASE Up 0.1%, Financial Sector Leads – Petra
petra.gov.jo
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