Ammon News - * With the Crown Prince in attendance and the involvement of 150 countries, the event is titled "Infinite Horizons."
* The total amount of contracts agreed upon during the conference equals $28 billion.
Ammon - Riyadh - Imad Darwish - His Highness Prince Hussein bin Abdullah II, Crown Prince, took part today, Tuesday, in the Future Investment Initiative conference, starting in Riyadh.
The Future Investment Initiative is a leading global investment platform aiming to influence the future of investment and the world economy. Therefore, Jordan's involvement, as shown by His Highness the Crown Prince, holds significance in both regional and global settings, contributing to bolstering Jordan's standing and crucial role in the world and the region.
According to conference attendees, Jordan's involvement in the event will facilitate the establishment of fresh economic ties and the growth of Jordanian-Saudi collaboration, particularly in large-scale projects. Additionally, it will enhance economic connections with over 150 participating nations.
However, it is anticipated that the conference will observe the execution of contracts and collaborations valued at $28 billion.
The United States, China, France, the United Kingdom, Germany, Brazil, and Japan are among the main participating countries, as well as several countries from Africa, Asia, and Europe, along with notable leaders, businessmen, and investment institutions worldwide.
Jordan's involvement in the international summit will help establish fresh economic connections, broaden the scope of collaborations between Jordan and Saudi Arabia on significant ventures, and enhance economic ties with other countries attending the event.
Alternatively, having His Highness the Crown Prince's presence offers a chance to showcase Jordan's focus on growth areas like renewable energy, IT, and tourism, along with efforts to draw in international investments. His Highness's involvement shows how influential the young Jordanian leaders are in boosting the Jordanian economy and showing political stability and favorable investment conditions in Jordan.
The Crown Prince's attendance during discussions on innovation and technical development highlighted his commitment to involving Jordanian youth in global projects, aiming to boost innovation and entrepreneurship in Jordan. Given the dreams of young Jordanians and their interest in building their own businesses, the involvement emphasizes the backing of new business projects and determined young people, which could bring worldwide recognition to these fields.
However, the sisterly Kingdom of Saudi Arabia's focus on improving its regional investments through Vision 2030 offers a chance for increased collaboration in significant projects benefitting both countries.
The participation of the Crown Prince affirms ongoing coordination between Jordan and Saudi Arabia, and the search for chances to form a strategic partnership in fields like infrastructure and artificial intelligence.
At the conference, Crown Prince will engage in discussions to strengthen economic and developmental collaboration between Jordan and Saudi Arabia, potentially resulting in new partnerships or agreements to promote the development objectives of both nations.
Sources informed Ammon that the agreements will probably involve renewable energy initiatives due to Jordan's focus on this sector, as well as technical and digital collaborations. Additionally, investments in tourism and infrastructure are likely as Jordan offers appealing development opportunities with potential investment backing. The possible deals will be a tangible move to represent Jordan's economic goals through regional collaboration.
Jordan's participation at this high level, represented by His Royal Highness the Crown Prince's presidency of the Jordanian delegation participating in the conference, reflects future aspirations, and His Royal Highness the Crown Prince's presence at the conference reflects Jordan's interest in developing its economy and keeping pace with global developments in the digital economy and technology.