Saudi ambassador to UK voted MENA diplomat of 2025    Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group to propel development of King Fahd Sports City in Riyadh    Feast of Flavors and Prizes: LuLu Hypermarket kicks off the "World Food Festival" across Saudi Arabia    Pakistan closes airspace, suspends visaas in tit-for-tat measures against India    Saudia Group signs deal with Airbus for flyadeal's first wide-body aircraft    Saudi non-oil exports surge 14.3 percent to SR26.11bn in February    Saudi, Greek ministers co-chair inaugural meeting of Strategic Culture Committee    Israeli strikes across Gaza kill at least 26, Palestinian officials say    Trump's trade war olive branch met with derision and mistrust inside China    Ministry of Justice launches centralized court model to enhance judicial efficiency    Kyiv hit by deadly Russian missile and drone attack    Saudi Arabia elected chair of Asia region of World Meteorological Organization    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Jennifer Lopez dazzles in Jeddah with a Formula 1 performance    Saudi Arabia open to expanded 64-team World Cup in 2034, says sports minister    Average life expectancy in Saudi Arabia rises to78.8 years    Super Max Verstappen scorches to pole with record lap in Jeddah    Film Commission launches 'Cinema' initiative to enhance content    Famed Philippine film star Nora Aunor dies at 71    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Council supports Jordan's free trade with GCC
Published in The Saudi Gazette on 18 - 06 - 2010

The Saudi Jordanian Businessmen Council supported Jordan's request for a free trade agreement with Gulf states, according to the council's Chairman Mohammad Al Audah.
On the sidelines of the council's sixth session of meetings that concluded in Amman Wednesday, Audah told The Jordan Times that the businesspeople will work with officials in the Gulf kingdom to support Jordan request to have stronger economic ties with member states of the Gulf Cooperation Council.
He indicated that there are a total of 253 joint Saudi Jordanian investment projects in Jordan worth of $755 million with 70 percent of the ventures owned by Saudi businesspeople.
During the meetings, Jordan Chamber of Commerce President Nael Kabariti highlighted Saudi Arabia as Jordan's first trade partner with commercial exchange reaching around $4.2 billion in 2009, and called on Saudi investors to carry out more investment projects particularly in the industrial and service sectors.
Hatem Halawani, Jordan Chamber of Industry president, indicated that Jordanian industrial exports to Saudi Arabia in 2009 amounted to $560 million that were mainly chemicals, electronics and food products, while Saudi exports to Jordan reached over $3.6 billion, mainly oil derivatives, steel and foodstuff. “Saudi-made products have started to be available in local markets here,” Halawani said, adding that the majority of production inputs of Jordanian industries come from the Gulf state.
Among the recommendations both sides agreed on was the establishment of a service unit in both countries for companies and investors in addition to removing obstacles, including customs, that affect the flow of products between the neighboring countries.


Clic here to read the story from its source.