By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Visit by His Majesty to Jordan to strengthen bilateral relations and increase investment opportunities
Share
Notification Show More
Latest News
Ferrero’s Social Responsibility Project Kinder Joy of moving Beats Traditional PE Curriculum, Tapping into the Cognitive Functions, Motor Coordination and Life Skills of Students
Lifestyle
UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech
Beat the Heat This Summer with a Chill Out on Dubai Marina
World
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Gulf > Oman > Visit by His Majesty to Jordan to strengthen bilateral relations and increase investment opportunities
Oman

Visit by His Majesty to Jordan to strengthen bilateral relations and increase investment opportunities

News Room
Last updated: 2024/05/21 at 9:19 PM
News Room
Share
4 Min Read
SHARE

The recent visit of His Majesty Sultan Haitham bin Tarik to Jordan on Wednesday has been a significant event that will enhance cooperation between the two countries in various sectors including economic, tourism, trade, and investment. Fahd bin Abdulrahman Al Ojaili, the Ambassador of Oman to Jordan, highlighted the importance of His Majesty’s visit as the first official visit to Jordan since assuming power. The visit is expected to address important issues and further strengthen the fraternal relations that have existed between Oman and Jordan for over 53 years. The ambassador emphasized that the visit will boost commercial, investment, and industrial cooperation as well as enhance collaboration between the private sectors of both countries.

Amjad Al Quhaiwi, Ambassador of the Hashemite Kingdom of Jordan to Oman, noted that His Majesty’s visit was in response to an invitation from King Abdullah II Ibn Al Hussein. The visit signifies the strong and historic relations between Oman and Jordan and coincides with Jordan’s celebration of King Abdullah II’s silver jubilee of assuming power. The ambassadors highlighted potential areas of cooperation between the two countries in industries such as information technology, food, agriculture, pharmaceuticals, mining, and communications. Both countries are keen on promoting economic cooperation and addressing any obstacles hindering the private sector and business development.

According to statistics from the National Centre for Statistics and Information (NCSI), the trade exchange volume between Oman and Jordan saw a significant increase in 2023, reaching OMR 74.51 million – a 25 percent growth compared to the previous year. Omani exports to Jordan also increased by 28.2 percent, surpassing OMR 43.85 million while imports from Jordan increased by 41.5 percent, totaling around OMR 27.51 million. Preliminary data indicates that direct investments from Jordan into Oman were valued at approximately OMR 241.80 million by the end of last year. The tourism sector also showed potential with the number of Omani tourists visiting Jordan increasing, demonstrating the growing interest in travel between the two countries.

The visit of His Majesty Sultan Haitham bin Tarik to Jordan has laid the foundation for an enhanced bilateral relationship, focusing on mutual growth and cooperation in various fields. Both ambassadors stressed the importance of the visit in fostering economic ties and strengthening collaboration between the private sectors of Oman and Jordan. The visit was seen as a response to the invitation from King Abdullah II, emphasizing the historic and close relations between the two nations. With opportunities for cooperation in industries such as information technology, food, agriculture, pharmaceuticals, mining, and communications, Oman and Jordan are working towards promoting economic cooperation and removing any obstacles that may impede business development.

The statistics released by the National Centre for Statistics and Information (NCSI) demonstrate the positive growth in trade exchange between Oman and Jordan in 2023, with a notable increase in both exports and imports. Direct investments from Jordan into Oman have also seen a significant rise, highlighting the economic potential between the two countries. The tourism sector is another area showing promise, as the number of Omani tourists visiting Jordan has been increasing steadily. Overall, the visit of His Majesty Sultan Haitham bin Tarik has set the stage for a strengthened partnership between Oman and Jordan, paving the way for further collaboration and mutual benefits in the years to come.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room May 21, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article AUBH and Etijah Coaching and Consulting Services collaborate to improve student opportunities
Next Article Qatar and Nicaragua conduct initial round of political discussions
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Ferrero’s Social Responsibility Project Kinder Joy of moving Beats Traditional PE Curriculum, Tapping into the Cognitive Functions, Motor Coordination and Life Skills of Students
Lifestyle July 14, 2025
UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports July 6, 2025
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech July 1, 2025
Beat the Heat This Summer with a Chill Out on Dubai Marina
World July 1, 2025

You Might also Like

Oman

North Al Batinah reveals extensive Shinas Marine Park spanning 35,000 square meters

January 6, 2025
Oman

Official holiday declared for ROP staff

January 6, 2025
Oman

RAFO’s quick action saves the life of an Omani child

January 6, 2025
Oman

Survey on Non-Communicable Diseases (NCDs) to Improve Healthcare System in Oman

January 6, 2025
Oman

Notification of Pilgrimage Eligibility for Individuals to be Sent via SMS Starting on Tuesday

January 6, 2025
Oman

HM the Sultan awards medals of Royal Commendation and Excellent Service to officers of the Royal Oman Police

January 6, 2025
Oman

His Majesty congratulates the King of Bahrain and the Emir of Kuwait

January 5, 2025
Oman

Undersecretary for Political Affairs meets with UN Special Envoy for Yemen

January 5, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?