Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Jordan, Saudi Arabia talk ways to raise trade exchange

FOR REPRESENTATION PURPOSE ONLY
  • According to a Jordanian Trade Ministry statement, the two countries discussed preparations for holding the 17th session of the Joint Commercial Committee meetings
  • The meetings will tackle many topics aimed at increasing the volume of joint trade exchange and economic cooperation

Jordan and Saudi Arabia discussed on Sunday mechanisms to enhance joint trade, remove related difficulties and enable the two countries’ private sector to benefit from available opportunities.

This was revealed in a statement issued after a meeting between the visiting Jordanian Minister of Industry, Trade and Supply, Yousef Shamali, and the Saudi Minister of Commerce, Majid bin Abdullah Al kassabi in Riyadh. 

According to a Jordanian Trade Ministry statement, the two ministers discussed preparations for holding the 17th session of the Joint Commercial Committee meetings, which are scheduled to tackle many topics aimed at increasing the volume of joint trade exchange and economic cooperation.

Speaking at the meeting, Shamali highlighted the two governments’ interest to enhance joint cooperation in various fields, especially in the economic areas, and optimally benefit from the opportunities available in Jordan and Saudi Arabia..

Shamali invited his counterpart to visit Jordan, accompanied by a delegation from the Saudi private sector, to continue looking into ways to accelerate procedures for promoting economic cooperation and increasing joint trade exchange.