UAE + Jordan sign USD 6 bn MoUs on investment in infrastructure, transport: The UAE’s Investment Minister Mohamed Hassan Alsuwaidi and Jordanian Planning and International Cooperation Minister Zeina Toukan signed several MoUs to enhance investment cooperation in several areas, including transport and infrastructure, Emirati news agency Wam reports. The MoUs, which include a grant covering development projects in Jordan and a joint investment fund to invest in infrastructure projects in Jordan, are worth some USD 6 bn, Wam said in a statement.

What projects? The infrastructure projects include a new road linking the Aqaba Port to Al Karama border crossing with Iraq, Jordan Times reports, adding that the USD 1 bn project is currently being studied by the UAE. It could also help finance a railway project connecting mining sites with the Aqaba port, the outlet adds.

They also include operating the new Aqaba multipurpose terminal, as well as the launch of the Maqta Ayla advanced ports community system, the Jordan Times adds.

Jordan + Singapore look to build on their trade agreement: Jordanian Investment Minister Kholoud Saqqaf virtually met with 66 Singaporean companies online to discuss enhancing the trade agreement between both countries, Jordan News Agency Petra reports. Saqqaf highlighted the importance of opening new markets for the two nations’ exports, improving trade exchange, as well as attracting Singaporean investments in Jordan.

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