Companies from UAE, Egypt, Jordan & Bahrain sign 12 contracts worth $2bn

  • Date: 27-Feb-2023
  • Source: GCC Business News
  • Sector:Industrial
  • Country:UAE
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Companies from UAE, Egypt, Jordan & Bahrain sign 12 contracts worth $2bn

The UAE, Egypt, Jordan and Bahrain have signed industrial agreements with an investment value exceeding $2 billion at the third Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development.

The meeting kicked off in Amman in the presence of Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and the UAE’s special envoy for climate change, His Excellency Ahmed Samir Saleh, Egyptian Minister of Industry and Trade of Egypt, Mr. Yousef Al Shamali, Jordanian Minister of Industry, Trade and Supply, and Mr. Abdulla Adel Fakhro, Bahraini Minister of Industry and Commerce.

The meeting included the signing of 12 agreements across 9 industrial projects. The projects are expected to create approximately 13,000 job opportunities and boost the national GDP in the partnering countries by more than $1.6 billion.

Jordan’s Prime Minister Dr. Bisher Al-Khasawneh attended the signing ceremony of the partnership agreements along with the industrial ministers from the four countries.

Dr. Sultan bin Ahmed Al Jaber

Minister of Industry and Advanced Technology

UAE “We are grateful to His Majesty King Abdullah II for his continuous support for UAE-Jordanian relations, and for his support of the Integrated Industrial Partnership for Sustainable Economic Development. We thank the government of Jordan and its