Search Site

Trends banner

DP World posts record $20bn revenue

The adjusted EBITDA rose by 6.7% to $5.5bn in 2024.

Meraas awards $544m contract

It has been awarded for construction of Design Quarter at d3

Salik 2024 net profit before taxes $348m

The toll operator's revenue increased by 6% to $626 million.

ADNIC okays 45% dividend for 2024

The company achieved its highest ever revenue and net profit.

stc net profit for 2024 $6.58bn

This is an increase of 85.7 percent over the previous year.

Jordan and Saudi Arabia to boost cooperation, strategic ties

Jordan's King Abdullah II and Saudi Crown Prince and Prime Minister Mohammed bin Salman.
  • Both countries reaffirmed their keenness to enhance cooperation and bilateral integration, and to leverage available and joint opportunities in various fields
  • The two sides discussed projects that would deepen bilateral cooperation in economic, investment, trade, energy, water, and transportation

Amman, Jordan— Jordan and Saudi Arabia held discussions on enhancing bilateral cooperation in various fields and boosting strategic ties between the two countries.

The ministerial meetings were held as part of Prime Minister Bisher Khasawneh’s working visit with a ministerial delegation, where he will meet with Saudi senior officials.

Also read: Saudi Arabia, Jordan discuss ways to enhance maritime transport relations

The meetings covered deep-rooted, fraternal and strategic ties between the two countries, under the direct and continuous guidance of both Kingdom’s leaderships.

The two sides also reaffirmed their joint keenness to enhance cooperation and bilateral integration, and to leverage available and joint opportunities in various fields in a way that serves the interests of the two countries and peoples.

The meetings discussed a number of proposed issues, files and projects that would deepen bilateral cooperation in economic, investment, trade, energy, water, transportation and other fields.

Also read: Saudi Arabia and Jordan to boost trade ties to more than $1bn

The two sides agreed to hold meetings of the joint Jordanian-Saudi committee during the first quarter of next year, to come up with decisions and agreements that would translate the proposals being studied by the two sides into reality, while emphasizing on continuing communication, coordination and follow-up on all common issues and files, and overcoming any obstacles or hurdles immediately and without waiting for holding the committee meetings.

The Jordanian side was represented among others by Deputy Prime Minister for Economic Affairs and Minister of State for Public Sector Modernisation, Nasser Shraideh, Minister of Water and Irrigation, Muhammad Al-Najjar.

On the Saudi side, the meetings also included Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Transport and Logistics Services Saleh bin Nasser Al-Jasser, Minister of Commerce and Acting Minister of Media Majid Al-Qasabi, and Minister of Finance Mohammad bin Abdullah Al-Jadaan.