Search Site

Trends banner

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

Trade between Jordan and UAE grows to $891m in 2021

  • The details of the growing economic ties between the two countries were shared by the prime minister of Jordan Bisher Khasawneh
  • He said the UAE has poured almost $17 billion into the Kingdom investments as it considered as one of the key partner in this regard

Trade between Jordan and the United Arab Emirates has grown to $891 million during the course of last year, and the UAE has invested some $17 billion in Jordan.

The details of the growing economic ties between the two countries were shared by the prime minister of Jordan Bisher Khasawneh while inaugurating the kingdom’s national day within Dubai Expo 2020 at Dubai Exhibition Center.

He said the UAE has poured almost $17 billion into the Kingdom investments as it considered as one of the key partner in this regard.

Commenting on the investment process in Jordan, Khasawneh said that his government is working on a new law for investment, in addition to establishing an investment ministry for the first time.

Khasawneh called on the UAE business community to establish projects and partnerships with Jordan, voicing his government’s keenness to prioritize the UAE investments and provide all facilitation in this regard.

The prime minister visited the UAE pavilion and was briefed on its activities, praising the UAE achievements in this regard.