Jordanian investment in UAE reaches almost $2 billion —ambassador


[02-12-2021 05:26 PM]

Ammon News - The United Arab Emirates is home for more than 200,000 Jordanian residents, Emirati Ambassador to Jordan Ahmed Ali Balushi said on Wednesday.

In an interview with the Jordan News Agency, Petra, on the 50th UAE National Day, Balushi said that Jordanian investment in the UAE reached nearly $2 billion, mainly in the real estate sector, which shows that Jordanian investors found the gulf country a safe haven and stable climate for business.

He added that the average annual trade volume between the countries amounted around $1.5 billion. UAE investments in Jordan exceeded $17 billion, distributed to infrastructure projects, transportation, tourism, agriculture, industry and renewable energy, the ambassador said, voicing keenness on increasing these investments.

(Petra)




  • no comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :