UAE, Jordan boost economic ties

Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, met on Friday with Dr Abdelhakim Shibli, Minister of Finance of the Hashemite Kingdom of Jordan, at the Ministry’s office in Dubai.

The meeting focused on exploring ways to enhance cooperation in the financial sector and other areas of mutual interest between the two brotherly nations.

Al Hussaini welcomed Dr. Shibli to the UAE and extended his congratulations on his recent appointment as Minister of Finance for Jordan, wishing him every success in his role.

He emphasised the strong fraternal ties between the UAE and Jordan, noting the decades-long collaboration spanning economic, social, and cultural sectors.

For his part, Dr Shibli commended the strength of the financial and economic relationship between the UAE and Jordan, expressing his aspirations to deepen collaboration in the financial sector in a manner that serves the shared interests of both nations.

In October, President His Highness Sheikh Mohamed Bin Zayed Al Nahyan and His Majesty King Abdullah II Bin Al-Hussein of the Hashemite Kingdom of Jordan today witnessed the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Jordan.

The first CEPA to be signed between the UAE and an Arab nation, the deal aims to deepen bilateral trade and investment ties, accelerate growth in priority industries, create jobs, and strengthen supply chains.

During a ceremony held at Basman Palace in Amman, the agreement was signed by Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and His Excellency Yarub Falah Al-Qudah, Jordan’s Minister of Industry, Trade and Supply.

WAM