Jordan, Oman Explore Joint Investment Opportunities, Trade Grows 13% In 2025

(MENAFN- Jordan News Agency)

Amman, Sep. 8 (Petra) – The Jordan Chamber of Commerce on Monday hosted a meeting titled "Joint Investment Opportunities between the Sultanate of Oman and Jordan," highlighting prospects for economic integration and enhanced cooperation.
The meeting featured sessions on the investment climate in the Aqaba Special Economic Zone, promising sectors in the Sultanate of Oman, and incentives offered by special economic and free zones, alongside presentations of successful investment models.
Chairperson of the Jordan and Oman Chambers of Commerce, Senator Khalil Haj Tawfiq, underlined that Jordanian-Omani relations are rooted in longstanding historical and ties, and that both countries are advancing toward deeper economic integration through logistics, industrial, and commercial partnerships. He called for activating memoranda of understanding signed last year between the two countries' investment and commerce ministries, stressing the need to translate them into concrete projects.
Haj Tawfiq noted that His Majesty King Abdullah II's meeting with Sultan Haitham bin Tariq in May 2024 marked a turning point in bilateral relations, elevating political will to expand cooperation and stimulate mutual investments.
He emphasized the importance of shifting the economic relationship from traditional trade to integrated partnerships, including joint industries, re-export hubs, and supply chain collaboration to ensure the continuity of essential goods and raw materials.
For his part, Omani Ambassador Sheikh Fahd bin Abdulrahman Ajili reaffirmed the leaderships' commitment to strengthening ties, highlighting the meeting as a platform to expand trade, investment, and public-private partnerships that drive sustainable development.
Vice President of the Jordanian Chambers of Industry, Mohammad Jitan, pointed to opportunities in chemicals, pharmaceuticals, food industries, renewable energy, and digital transformation, which align with Jordan's economic modernization agenda and represent growth drivers for both economies.
Head of the Omani delegation, Ahmed bin Hassan Dheeb, Vice Chairman of the Public Authority for Special Economic Zones and Free Zones, detailed Oman's competitive investment environment, advanced infrastructure, and extensive free trade networks, emphasizing innovation, sustainability, and renewable energy development. He invited Jordanian businesses to pursue joint ventures that generate jobs and expand trade flows.
According to official data, bilateral trade reached approximately $164 million in 2024, with Jordanian exports to Oman rising 30 percent to $107 million. The momentum continued into 2025, with trade up 13 percent in the first half compared to the same period last year.

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