Jordanian and Saudi Businessmen Discuss Closer Economic Ties

  • 2/10/2023
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Amman, Rabi'I 26, 1437, Jan 6, 2016, SPA -- Jordanian and Saudi businessmen discussed means to boost trade and economic ties between the two countries, as well as possibilities of setting up joint investment and economic projects. The meeting was organized by the Jordanian Businessmen Association (JBA). President of the JBA Hamdi Tabba said Saudi Arabia is a major and strategic economic partner of Jordan as its investments in Jordan stands at $10 billion distributed in the industry, tourism, hotels, agricultural, hospitals, financial, transport and telecommunications fields. He added that the Saudi capital share in the Amman Bourse reaches $3 billion forming 10 percent of the value of Jordanian shares, while the number of Saudi investors in Jordan stand at 600, Jordan News Agency (Petra) reported. --SPA 19:38 LOCAL TIME 16:38 GMT www.spa.gov.sa/w

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