Tuesday, 28 September 2021 08:28 GMT

Jordan- JBA head, Bahraini envoy discuss investment cooperation prospects

(MENAFN- Jordan News Agency) Amman, Jan. 24 (Petra)-Chairman of the Jordanian Businessmen Association (JBA), Hamdi Taba'a, discussed with the Bahraini Ambassador to Jordan, Ahmed bin Yousef Al-Rowaiei, mechanisms to launch "strategic" partnerships between the two countries' business communities.
In a press statement issued on Sunday, Taba'a said the JBA is making "continuous" efforts to enhance joint economic, commercial and investment relations, through the Jordanian-Bahraini Business Council, which was established in 2002, to connect the two businesspeople.
During the meeting, he called on the Bahraini business community to learn firsthand about the economic opportunities available in industrial cities and development zones, adding that the Jordanian attractive investment environment is a "a safe and stable investment destination."
Taba'a pointed out that Bahrain is a top investing country in the Amman Stock Exchange (ASE), with a value of $893 million.
In turn, the envoy stressed the "deep-rooted, strong" Jordanian-Bahraini relations at the political and economic levels, stressing the importance of increasing the volume of joint investments.
Jordan's exports to Bahrain amounted to nearly $74 million in 2019, concentrated in vegetables, livestock and pharmaceutical products, compared to $139 million for imports in mineral fuels, aluminum, and electrical equipment, per gov't data.
24/01/2021 16:53:12


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