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Business, Economy, Geostrategy

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Jordan, India explore economic cooperation

The new city would not replace Amman as the capital.
By TRENDS Desk
December 4, 2022 6:57 pm
  • The minister briefed the envoy on the investment climate in the Kingdom and potential opportunities in various sectors.
  • She emphasized business-friendly legislation and simplified government service delivery.

AMMAN, JORDAN – Jordan’s Minister of Investment Kholoud Saqqaf on Sunday received Indian ambassador in Amman Anwar Haleem for a discussion on ways to cement trade ties between the two countries.

The minister briefed the envoy on the investment climate in the Kingdom and potential opportunities in various sectors.

She emphasized business-friendly legislation and simplified government service delivery.

Saqqaf said investment opportunities are ample in ICT, logistics, tourism, manufacturing, agriculture and healthcare.

She added that her ministry stands ready to offer all needed assistance and services to current and prospective investors.

The Indian ambassador praised the ministry for its efforts to promote the Kingdom’s investment opportunities.

Indian investments in Jordan amount to US$1.3 billion, mainly in the fertilizers and textile industries.

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