Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

JBA head, Tunisian envoy discuss enhancing joint economic cooperation

JBA head, Tunisian envoy discuss enhancing joint economic cooperation.
  • According to a JBA statement it has helped promote joint investments and increase the volume of Jordan-Tunisia trade exchange
  • The two sides discussed joint cooperation in the sectors of garment, textiles, banking, contracting, traditional industries, transport, shipping, and pharmaceutical industries.

President of the Jordanian Businessmen Association (JBA), Hamdi Tabbaa, on Wednesday discussed with the Tunisian Ambassador to Jordan, Khaled Suhaili, mechanisms for developing Jordanian-Tunisian economic relations and strengthening joint business cooperation.

According to a JBA statement, Tabbaa stressed the importance of the JBA’s role, since 2016, in promoting joint investments and increasing the volume of Jordan-Tunisia trade exchange.

Tabbaa also pointed to the importance of developing a joint action plan to increase opportunities for Jordanian products’ entry into African countries through Tunisia, in return for Tunisian products access to the American market en route Gulf of Aqaba.

In addition, Tabbaa called on the Tunisian business community to visit Jordan and learn about investment opportunities and incentives, and take advantage of free trade agreements (FTAs) signed by the Kingdom with various Arab and international trade blocs.

The envoy, for his part, expressed his country’s desire to increase joint investment volume, adding that the Embassy is keen to maintain contact with the JBA to sustain the activity of the Jordanian-Tunisian Business Council (JTBC) periodically, given the importance of its outcomes in providing “practical” solutions to the challenges facing the two countries’ private sector.

The diplomat also said recommendations of the JTBC’s third session meetings focused on strengthening the role of the private sector and networking and activating bilateral relations.

Suhaili stressed the importance of discussing joint cooperation in the sectors of garment, textiles, banking, contracting, traditional industries, transport, shipping, and pharmaceutical industries.

Suhaili affirmed the Embassy’s readiness to cooperate to open “new” horizons for the joint trade and investment relations, adding that the two countries have signed bilateral agreements, which strengthen the cooperation.

The two sides agreed to hold in-person the JTBC’s fourth session meetings, bringing together JBA and Confederation of Tunisian Citizen Enterprises (CONECT), next June in the capital, Tunis, to identify priority sectors in investment.