Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Jordan- Souk JARA traders pessimistic about this year's sales  Join our daily free Newsletter

MENAFN - Jordan Times - 21/05/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093515221 Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093515221 Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


Souk JARA, located on Fawzi Malouf Street (off Rainbow Street) in Jabal Amman, is open to the public every Friday from 10:00am until 10:00pm until September 30 (Photo by Muath Freij)
(MENAFN - Jordan Times) The difficult financial situation that many Jordanians are going through has led traders at a popular seasonal market in Jabal Amman to expect very little revenues.

Merchants offering their goods at the Jabal Amman Residents Association's (JARA) annual outdoor souk told The Jordan Times on Friday, when the market officially opened, that they don't expect good business this year.

Boutros Backal, a handicraft trader who is taking part in the souk for the second consecutive year, said the difficult financial situation in the Kingdom determines whether Souk JARA or any other project is successful or not.

"Last year, the situation was much better than this year. Let's see how it will go this year," he told The Jordan Times outside his stall.

But some merchants said the outdoor market is useful in finding new customers.

Omar Hijjawi, who annually participates in the Friday souk, noted that he only benefits from Souk JARA by promoting his products to potential clients.

"I don't make much profit. The only thing I get is new customers," added Hijjawi, who sells house decorations.

Um Ali Atoum, the oldest merchant at the souk, agreed with Hijjawi.

"Most traders in Souk JARA mainly use it to promote their products and gain new customers," the 67-year-old said while decorating her stall.

Hijjawi told The Jordan Times that the annual market attracts foreigners more than Jordanians.

"Handmade items usually appeal more to tourists," he noted.

Organised by JARA in cooperation with the Greater Amman Municipality (GAM), Souk JARA, which is being held for the eighth consecutive year, is organised with the aim of providing women and men who work at home, as well as local charities, with a chance to showcase their products.

The souk, located on Fawzi Malouf Street (off Rainbow Street) in Jabal Amman, opens to the public every Friday from 10:00am until 10:00pm. It continues until September 30.

In addition to 110 booths showcasing handicrafts and handmade items, the market also includes several restaurants, play areas for children, and a stage that will host shows and concerts performed by Jordanian artists.

But for some customers like Amal Ahmad, the souk is expensive despite its attractive products.

"There are rings or necklaces that cost around JD8 or JD10, which is not affordable for everyone," she said.

On the other hand, the souk also provides an opportunity for young Jordanians to earn their pocket money.

Twelve-year-olds Kareem Masri and Subhi Qabbani said that their families encouraged them to take part in this year's souk by selling sweets.

"I wanted to earn my own pocket money to buy a cell phone," Masri said.

"In one hour, we earned JD28, something we did not expect. I helped my mother make the sweets on Thursday," Qabbani told The Jordan Times while serving coffee to customers.

But Souk JARA remains a success story that GAM seeks to emulate to revive other old neighbourhoods in Amman, according to Mohammad Annab, vice president of GAM's committee.

Describing the idea as brilliant, Annab said the souk contributed to boosting tourism in Amman and the Kingdom.

"I have been meeting with members of the Friends of Al Waibdeh Society in Jabal Luweibdeh, and we are planning to implement projects and learn from JARA's experience to boost tourism in the area," he told The Jordan Times on the sidelines of Souk JARA's opening ceremony on Friday.

Meanwhile, JARA also opened its new visitors information centre, which is financially and technically supported by the USAID Jordan Tourism Development Project (Siyaha), according to a USAID statement.

The centre provides visitors with information on the range of attractions and services available in Jabal Amman, the statement said.

The Jabal Amman walking trail, which begins at the centre and guides visitors through the area, passing key historical and cultural attractions, was also launched.

"The project will contribute to increasing the number of individual travellers to Jordan," Tourism Minister Nayef Al Fayez told The Jordan Times.

 






  MENA News Headlines
May 24 2013US stocks flat as bulls get cautious ,AFP
(MENAFN - AFP) US stocks closed flat Friday, reeling in early losses but showing caution following Japan's Thursday plunge and ahead of the three-day US Memorial Day holiday weekend. At the ...

May 24 2013IMF chief Lagarde avoids charges in French payout scandal ,AFP
(MENAFN - AFP) IMF chief Christine Lagarde avoided immediate charges Friday but was named an "assisted witness" after French prosecutors grilled her for two days over a state payout to a disgraced ...

May 24 2013Google eyes emerging markets networks: report ,AFP
(MENAFN - AFP) Google has become deeply involved in a series of projects to build and operate wireless networks in emerging markets including sub-Saharan Africa and Southeast Asia, a report said ...

May 24 2013Stalin police criticism sparks anti-Semitism row in Russia ,AFP
(MENAFN - AFP) An explosive comparison made by a liberal Russian politician between Stalin's agents and Hitler's secret police has provoked a storm of abusive criticism in Russia that has been ...

May 24 2013Hitler's shadow looms over anniversary of VW hometown ,AFP
(MENAFN - AFP) Europe's number one carmaker Volkswagen is not keen on celebrating the 75th birthday of its German hometown of Wolfsburg on Sunday because of the long shadow cast by Adolf Hitler ...

May 24 2013Fashion brands say street crime threatens Paris tourism ,AFP
(MENAFN - AFP) The streets of Paris are getting a reputation of being unsafe for tourists and this is a threat to business by the great brand names of French fashion, a top body representing the ...

May 24 2013Journalism on verge 'of extinction' in DR Congo: media NGO ,AFP
(MENAFN - AFP) Journalists' lives are in danger and they are being prevented from reporting freely in areas of eastern Democratic Republic of Congo that are controlled by armed M23 rebels, the NGO ...

May 24 2013Air China orders 100 Airbus A320 jets worth $8.8 bn ,AFP
(MENAFN - AFP) Air China said on Friday it had ordered 100 Airbus A320 series medium-range single-aisle passenger jets, which carry a catalogue price of $8.8 billion (6.8 billion euros). Air China ...

May 24 2013Landmark Swiss-China trade deal on horizon in July ,AFP
(MENAFN - AFP) Switzerland and China could sign a landmark free-trade agreement as early as July, the Alpine country said Friday, as Beijing seeks to underscore its growing global ties via deals ...

May 24 2013China's Catholics show fervour in Shanghai celebration ,AFP
(MENAFN - AFP) Thousands of Chinese Catholics gathered in Shanghai on Friday for a celebration to honour the Virgin Mary, in a show of religious fervour permitted by the Communist-ruled ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help