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Kuwait is the primary investor in Jordan with USD 18 bln

Amman: Kuwait’s ambassador to Jordan, Aziz Al-Daihani, stated on Saturday that Kuwait is the primary investor in Jordan with an quantity of five.5 billion Kuwaiti dinars (USD 18 billion).

Throughout a gathering arranged through the Jordanian Businessmen Affiliation below the identify (the advance of Jordanian-Kuwaiti financial family members), he was hoping that financial cooperation between the 2 brotherly international locations would amplify to succeed in a political cooperation degree.

He identified that Jordan and Kuwait have signed about 73 joint agreements, maximum of which might be financial, and they’re arranging conferences of the joint committee and the technical committee between Jordan and Kuwait.

He praised the funding local weather in Jordan and the pastime of the political management in supporting the investor who’re on the lookout for an encouraging local weather and a solid funding atmosphere, calling on Jordanian businessmen to profit from funding alternatives in Kuwait.

Al-Daihani reviewed the Kuwaiti humanitarian function in supporting Jordanian efforts to soak up the repercussions of refugee crises within the area, appreciating the function of the Jordanian Businessmen Affiliation in strengthening financial cooperation family members between the 2 international locations and discussing problems of shock to the Kuwaiti and Jordanian non-public sectors.

For his section, the pinnacle of the Jordanian Businessmen Affiliation, Hamdi Al-Tabbaa, stated all the way through the assembly that Kuwait is likely one of the maximum distinguished international locations making an investment in Jordan, along with being one of the vital essential industry companions which amounted to almost USD 18 billion.

He described the Jordanian-Kuwaiti financial family members as deep and rooted within the agreements of industry and funding and save you double taxation and offer protection to mutual investments, that have introduced the 2 international locations in combination since 2001.

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