Abu Dhabi, UAE – The non-oil trade volume between the UAE and Jordan has reached AED16.5 billion ($4.5 billion) in 2022, a 47.4% increase from 2021, the UAE news agency WAM reported on Wednesday.
Non-oil UAE exports and re-exports reached about AED14.7 billion ($4 billion) in 2022.
On Tuesday, Jordan King Abdullah II bin Al-Hussein arrived in the UAE for a state visit. The UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed him upon his arrival at Al Bateen Executive Airport in Abu Dhabi.
The two countries have a Joint Defence Cooperation Committee that meets annually, with two agreements and seven memoranda of understanding (MoU) signed in the defense sector.
Economic and investment relations between the two countries are strong, with several agreements, memoranda of understanding, and economic, trade, and investment protocols signed to strengthen bilateral relations.
The Abu Dhabi Fund for Development has contributed to financing numerous development projects in Jordan, covering sectors such as education, health, transportation, energy, agriculture, irrigation, housing, infrastructure projects, and other strategic projects, with investments totaling AED6.5 billion.
The AD Ports Group has signed an agreement with the Aqaba Development Corporation to establish a cruise terminal in Aqaba.
The UAE and Jordan last year announced an integrated industrial partnership. The initiative involves the UAE, Jordan, Egypt, and Bahrain, with an investment fund managed by ADQ. The fund, with an allocation of $10 billion, is geared to propel industrial development in the region and diversify economies.
