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Kuwait is Top Investor in Jordan with $18 Billion

Kuwait is Top Investor in Jordan with $18 Billion

Sunday, 27 November, 2022 - 06:00
General view of an empty roundabout during a COVID-19 coronavirus pandemic curfew in the center of Jordan's capital Amman. (AFP)

Kuwait's ambassador to Jordan Aziz Al-Daihani revealed on Saturday that Kuwait is the first investor in Jordan with investments worth 5.5 billion Kuwaiti dinars ($18 billion).

During a meeting organized by the Jordanian Businessmen Association under the title (the development of Jordanian-Kuwaiti economic relations), Al-Daihani said he hoped economic cooperation between between the two brotherly countries would expand to reach a political cooperation level.

Al-Daihani said Jordan and Kuwait have signed up to 73 joint agreements, most of which are economic, noting that meetings between the joint committee and the technical committee of both countries are being organized.

He also hailed the investment climate in Jordan and the interest of the political leadership in supporting the investor who are looking for an encouraging climate and a stable investment environment, calling on Jordanian businessmen to take advantage of investment opportunities in Kuwait.

Al-Daihani reviewed the Kuwaiti humanitarian role in supporting Jordanian efforts to absorb the repercussions of refugee crises in the region, appreciating the role of the Jordanian Businessmen Association in strengthening economic cooperation relations between the two countries and discussing issues of concern to the Kuwaiti and Jordanian private sectors.

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