{"id":74667,"date":"2023-11-06T00:00:00","date_gmt":"2023-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/11\/06\/jordan-eyes-more-investments-from-uae-singapore-plus-bahrain-severs-ties-with-israel\/"},"modified":"2023-11-06T00:00:00","modified_gmt":"2023-11-06T00:00:00","slug":"jordan-eyes-more-investments-from-uae-singapore-plus-bahrain-severs-ties-with-israel","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/11\/06\/jordan-eyes-more-investments-from-uae-singapore-plus-bahrain-severs-ties-with-israel\/","title":{"rendered":"Jordan eyes more investments from UAE, Singapore. PLUS: Bahrain severs ties with Israel"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UAE + Jordan sign USD 6 bn MoUs on investment in infrastructure, transport: <\/strong>The UAE\u2019s 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 <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395303216796\" style=\"\" rel=\"noopener\">Wam<\/a> 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 <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/photo\/?fbid=748359007326843&set=a.655927973236614\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What projects?<\/strong> The infrastructure projects include a new road linking the Aqaba Port to Al Karama border crossing with Iraq, <a target=\"_blank\" href=\"https:\/\/jordantimes.com\/news\/local\/jordan-uae-mous-uncover-55-billion-investment-opportunities\" style=\"\" rel=\"noopener\">Jordan Times<\/a> 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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>They also include operating the new Aqaba multipurpose terminal<\/strong>, as well as the launch of the <a target=\"_blank\" href=\"https:\/\/www.maqta.ae\/en\/news\/2021\/12\/19\/13\/35\/ad-ports-group-and-aqaba-development-corporation-agreement\" style=\"\" rel=\"noopener\">Maqta Ayla advanced ports community system<\/a>, the Jordan Times adds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jordan + Singapore look to build on their trade agreement: <\/strong>Jordanian Investment Minister Kholoud Saqqaf virtually met with 66 Singaporean companies online to discuss enhancing the trade agreement between both countries, Jordan News Agency <a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=54277&lang=en&name=en_news\" style=\"\" rel=\"noopener\">Petra<\/a> 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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM THE DIPLOSPHERE-<\/strong><\/p>\n<ul>\n<li><strong>Saudi Transport and<\/strong><strong> Logistics Services<\/strong><strong>Minister <\/strong>Saleh Al Jasser <strong>met with<\/strong>his <strong>Egyptian counterpart <\/strong>Kamel Al Wazir to discuss <strong>common interests<\/strong> in<strong> transport <\/strong>and <strong>logistics services<\/strong>. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/SaudiTransport\/status\/1720913172071116919\" style=\"\" rel=\"noopener\">Stat<\/a><a target=\"_blank\" href=\"https:\/\/twitter.com\/SaudiTransport\/status\/1720913172071116919\" style=\"\" rel=\"noopener\">e<\/a><a target=\"_blank\" href=\"https:\/\/twitter.com\/SaudiTransport\/status\/1720913172071116919\" style=\"\" rel=\"noopener\">ment<\/a>) <\/li>\n<li><strong>Moroccan Trade and <\/strong><strong>Industry Minister<\/strong> Riad Mazour and <strong>Libya\u2019s Economy and<\/strong><strong> Trade Minister<\/strong> Mohamed Al Hwej discussed their <strong>trade ties<\/strong>,establishing a <strong>shipping line <\/strong>between Tangier and Tripoli, and allowing airlines to operate in Libya to help streamline trade movement and volumes. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/miciengov\/posts\/pfbid02y5xkmk9CAfp21DZuyAhjd1xxbXgKQK14GzxndQiUe1mgKa1Sdb6wVwf8q7VWnYETl\" style=\"\" rel=\"noopener\">Statement<\/a> | <a target=\"_blank\" href=\"https:\/\/libyaherald.com\/2023\/11\/minister-of-economy-and-trade-participates-in-the-opening-of-the-moroccan-libyan-business-forum\/\" style=\"\" rel=\"noopener\">Libya Herald<\/a>) <\/li>\n<li><strong>Indian Food Industries Minister Pashupati Kumar Paras <\/strong>and <strong>Leban<\/strong><strong>ese<\/strong><strong>Caretaker<\/strong><strong> Industry Minister George Boushkian<\/strong> discussed <strong>expanding trade relations<\/strong>, with Boushkian noting the importance of trade in food industries. (<a target=\"_blank\" href=\"https:\/\/www.nna-leb.gov.lb\/en\/economy\/652575\/boushkian-to-india-s-food-industries-minister-we-l\" style=\"\" rel=\"noopener\">NNA<\/a>)<\/li>\n<li><strong>Bahrain has cut off economic relations with <\/strong><strong>Israel<\/strong>, after expelling the Israeli ambassador to Manama and recalling its ambassador to Israel, in light of Israel\u2019s ongoing attacks on Gaza. (<a target=\"_blank\" href=\"https:\/\/www.nuwab.bh\/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D9%8A%D8%A4%D9%83%D8%AF-%D8%A3%D9%86%D9%87-%D8%AA%D9%85-%D9%85%D8%BA%D8%A7%D8%AF%D8%B1%D8%A9-%D8%A7%D9%84%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>UAE + Jordan sign USD 6 bn MoUs on investment in infrastructure, transport: The UAE\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[53],"tags":[145,212,52,17,182,44,39,164,314,150,31,32,51,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74667","post","type-post","status-publish","format-standard","hentry","category-diplomacy","tag-aviation","tag-bahrain","tag-diplomacy","tag-enterprise-logistics","tag-infrastructure","tag-investment-watch","tag-jordan","tag-lebanon","tag-libya","tag-morocco","tag-saudi-arabia","tag-trade","tag-transport","tag-uae","wpautop","entry"],"acf":{"mongo_id":"98a355eb-3e0c-462b-9465-e110e300b29b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/224.jpg,https:\/\/www.facebook.com\/photo\/?fbid=763001722535926&set=a.763004129202352&locale=ja_KS","photo_position":"above","homepage_title":"","full_issue_title":"Jordan eyes more investments from UAE, Singapore. PLUS: Bahrain severs ties with Israel, and more from KSA, Morocco, and Lebanon","related_issue":[74653],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.46939342-0492-4851-9908-1577eb3b5861.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Jordan eyes more investments from UAE, Singapore. 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