Jordan, UAE sign deal for supporting SMEs
JORDAN LAST TUESDAY SIGNED a deal worth $100m with the UAE, which aims to support small- and mediumsized enterprises (SMEs) in the kingdom.
The agreement was signed in the presence of Jordanian King Abdullah II and visiting UAE Crown Prince of Abu Dhabi Sheikh Mohammed Bin Zayed Al Nahyan who arrived in Amman for an official visit last Tuesday.
Under the deal, signed by UAE’s Khalifa Fund for Enterprise Development and Jordan’s Crown Prince Foundation, loans will be provided to finance 22,000 projects in Jordan and create 28,000 jobs over the next five years, the Jordanian news agency Petra reported.
The agreement seeks to support Jordan’s economy and enhance entrepreneurship in the kingdom, it said.
THIS AIMS TO STRENGTHEN COOPERATION WITH REGIONAL AND INTERNATIONAL INSTITUTIONS THAT SUPPORT ENTREPRENEURSHIP AND SMES” Hussain Jasim Al Nowais, chairman of the Khalifa Fund for Enterprise Development
Thamer Ghadban, Iraqi oil minister THE NEW LIBERAL AND DEMOCRATIC IRAQ REQUIRES A NEW STRATEGY AND NEW OIL POLICY”