Jordan Times
Tuesday, July 11, 2006
Jordan ready to provide
facilities to all Arab businesspeople for investment — King
AMMAN (Petra) — His Majesty King Abdullah told National Bank of Kuwait CEO
Ibrahim Dabdoub that Jordan is ready to provide facilities to all Arab
businesspeople for investing in the country. During the meeting with Dabdoub,
who is currently on a visit to the country, the Monarch said it was important to
encourage the Jordanian and the Kuwaiti private sectors to enhance partnerships
and build on established joint projects. The Kuwaiti guest commended the
investment climate in Jordan, stressing that country’s security and economic
stability form a basic pillar for attracting Arab businesspeople to invest in
Jordan. The meeting is part of King Abdullah’s keenness to meet with Arab
businesspeople and discuss with them ways to enhance economic cooperation
between the Arab countries. The National Bank of Kuwait has a $300 million
investment fund and is implementing several investment projects in the Arab
countries.