Business
Jordan, Saudi sign agreements to boost cooperation
Jordan, Saudi sign agreements to boost cooperation.
Jordan and Saudi Arabia has signed cooperation agreements in the fields of trade, financial markets and transportation, said Jordanian Ministry of Industry and Trade Spokesperson Yanal Barmawi.
The deals, in addition to two agreements in media and youth cooperation, were signed during the meetings of the Jordanian-Saudi Joint Committee held in Amman.
Saleh bin Al-Jasser, Saudi Arabia’s Minister of Transport and Logistics, said the meetings covered the economic, commercial, industrial, investment and educational fields, expressing hopes for the agreements to serve common interests.
According to the ministry’s statistics, trade volume between the two countries reached 4.2 billion U.S. dollars in 2021, with the value of Jordanian exports to Saudi Arabia amounting to about one billion U.S. dollars.
The spokesperson noted that Saudi investments are considered one of the biggest chunks of foreign investments in Jordan.
He said the value exceeded 12 billion U.S. dollars in transportation, infrastructure, energy, finance and commerce, as well as tourism facilities.
-
Health6 days agoSenate hearing set to review research on COVID-19 vaccines, cancer concerns
-
Crime4 days agoLASU student dies after armed robbery attack
-
Football1 week agoFIFA confirms 10 key law changes for 2026 World Cup
-
Comments and Issues1 week agoThat savage attack on schools in Oyo state
-
Latest5 days ago2027: North will back Tinubu’s re-election bid, says ex-ACF Secretary-General
-
Latest6 days ago2027: The real reason Jonathan hasn’t accepted PDP ticket—Umar Sani
-
Latest6 days agoCG Musa 4 PBAT’ group declares support for Tinubu’s 2027 ambition, cites strategic leadership
-
Featured4 days agoOsun APC counters Adeleke over security drone dispute, urges public to ignore allegations against Oyetola