Jordan has “exceeded its capacity” to deal with Syrian refugees, although they should not be forced to return home, Foreign Minister Ayman Al Safadi said.
It was the first comment by a Jordanian official on refugees since the readmission of Damascus to the Arab League this month.
Saudi Arabia, Jordan and other countries pushed to restore ties with Syrian President Bashar Al Assad.
Syrian officials have signalled that reconstruction would have to commence and western sanctions on Damascus would have to be lifted before refugees could return home.
“Jordan has exceeded its capacity to absorb the refugees at a time the kingdom is facing difficult economic conditions,” Mr Al Safadi was quoted as saying in a Foreign Ministry statement after he met UN aid officials in Geneva on Monday.
“Resolving the refugee crisis lays in providing the necessary environment for the voluntary return of the Syrian refugees.”
Mr Al Safadi warned against “the consequences of the retreat in international support for the refugees as well as for the host countries”. He did not give details.
Jordan's economy has been stagnant for more than a decade and unemployment is 23 per cent, according to official figures. The kingdom depends on western aid, particularly from the US, which is also the main donor for Syrian refugees in the country.
A large proportion of the billions of dollars in aid for Syrian refugees in Jordan in the past 14 years has gone to host communities in Jordan, aid officials in the kingdom say.
Germany, for example, pays for the salaries of Jordanian teachers who give afternoon classes to refugees. Grants pay for infrastructure in Jordanian urban centres and rural areas where refugees live.
But some aid, such as food subsidies for the most impoverished refugees, has decreased since the Russian invasion of Ukraine in February 2022 partly shifted resources to deal with human suffering from that war.
“These services should continue,” Mr Al Safadi said. “The burden of [hosting] refugees is an international responsibility and not just the responsibility of the host countries.”
There are 670,000 Syrian refugees registered in Jordan, according to UN High Commissioner for Refugees figures.
Geir Pedersen, the UN Special Envoy for Syria, said “addressing protection concerns” for refugees was needed before “any contemplated returns”.
Mr Pedersen, who was among the UN officials who met Mr Al Safadi in Geneva, said on Twitter that any return of refugees “must be voluntary, safe, informed and carried out with dignity”.
UN data shows that last year 52,000 Syrians returned to the country from Jordan and other countries in the region that host them, mainly Lebanon and Turkey. A large proportion of these refugees went back to areas in northern Syria controlled by rebel groups allied with Ankara.
In 2021, there were 35,800 returnees, with 38,200 in 2020.
Syrians started to flee the country in 2011, after a revolt in March of the same year against President Bashar Al Assad, who has ruled since 2000. Jordan and other Arab countries supported rebels in southern Syria fighting to remove Mr Assad.
But in 2014, Jordan closed its borders in front of the refugees as civil war swept Syria. In 2018, Jordan and other Arab countries abandoned their support for the rebels.
A rapprochement with Damascus started a year later, culminating in Mr Assad's attendance at the Arab League summit in Riyadh last week.
Jordanian officials say a main goal of the detente with Damascus is to secure its help in curbing the smuggling of the amphetamine Captagon into the kingdom.
They blame the Syrian military and pro-Iranian militia in southern Syria for sponsoring the trade, which boomed after they captured most of the area with Russian support in 2018.
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MATCH INFO
Southampton 0
Manchester City 1 (Sterling 16')
Man of the match: Kevin de Bruyne (Manchester City)
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
Zayed Sustainability Prize
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Five films to watch
Castle in the Sky (1986)
Grave of the Fireflies (1988)
Only Yesterday (1991)
Pom Poki (1994)
The Tale of Princess Kaguya (2013)
Mohammed bin Zayed Majlis
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Zayed Sustainability Prize
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
The biog
Marital status: Separated with two young daughters
Education: Master's degree from American Univeristy of Cairo
Favourite book: That Is How They Defeat Despair by Salwa Aladian
Favourite Motto: Their happiness is your happiness
Goal: For Nefsy to become his legacy long after he is gon
Secret Nation: The Hidden Armenians of Turkey
Avedis Hadjian, (IB Tauris)