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    Investment minister, Omani envoy discuss investment cooperation

    November 28, 2022
    finance & economy

    Amman, Nov. 27 (Petra)-- Minister of Investment Kholoud Saqqaf on Sunday met with Oman's Ambassador to Jordan Hilal bin Marhoon al Maamari

    The meeting covered means of investment cooperation between Jordan and Oman and ways of enhancing and developing them.

    She said that developing the level of cooperation between the two countries in various fields will reflect positively on their and their peoples interests, calling for leveraging the distinguished relations and ties between the two countries to achieve more of their common interests.

    As part of the Jordanian government's financial and economic reform efforts, Saqqaf pointed out to the tangible and positive improvement in the Kingdom's key economic indicators, the latest of which is the improvement in its credit rating, according to Moody's.

    She also highlighted key economic reforms that led to important developments in the economic fields represented by amending laws and legislation, especially with regard to the investment process.

    Saqqaf referred to the recently endorsed new investment environment law, which came to keep pace with developments in the investment process and international best practices, in addition to the establishment of the Ministry of Investment with the aim of strengthening and activating the investment process and creating an attractive and competitive investment environment.

    The meeting showcased key projects and promising investment opportunities in Jordan, and major investment advantages approved by the new investment environment law, as well as Jordan's features, especially in light of the signing of many trade, free and investment agreements that will increase national exports to many Arab, foreign and European countries.

    For his part, the Omani envoy lauded ties with Jordan in all fields, especially economic spheres, stressing his country's keenness to develop and build on them to serve both sides' interests.

    The volume of Omani investments in Jordan amounted to $56 million, in many investment sectors.


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