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Jordan , Oman sign MoU to enhance investment collaboration

By : staff writer

Jordan Daily – Ezzedine Kanakrieh, the CEO of the Social Security Investment Fund (SSIF) of Jordan, and Abdul Salam Murshidi, Head of the Omani Investment Authority, signed a memorandum of understanding (MoU) on Thursday to bolster joint investment opportunities in key sectors in both countries.

This strategic agreement aims to establish a Jordanian-Omani company dedicated to this purpose.

Kanakrieh highlighted that the MoU aligns with the royal visions of His Majesty King Abdullah II of Jordan and His Majesty Sultan Haitham bin Tariq of Oman. The timing of the signing coincides with Jordan’s 78th Independence Day and the Silver Jubilee celebrations, further underlining its significance.

“This partnership is crucial for enhancing economic stability and addressing regional economic challenges,” Kanakrieh stated. He emphasized that the collaboration will serve as a cornerstone for launching major projects, focusing on infrastructure development, food security, and sustainable energy—priorities for both nations.

The agreement aims to foster joint investments in a variety of fields, including information and communications technology, food and agriculture, pharmaceuticals and medical supplies, energy, mining, tourism, and logistics services. It also includes provisions for the exchange of expertise between the two parties.

Murshidi expressed optimism about the strategic partnership, noting that it would enhance Arab economic cooperation. He mentioned that a team from the Omani Investment Authority had recently visited Jordan to explore potential sectors for collaboration.

“The memorandum formalizes our relationship with the SSIF and advances our cooperation in the drug security, food, and mining sectors,” Murshidi said. He also highlighted ongoing discussions in real estate development and the possibility of establishing a direct shipping line between the Jordanian port of Aqaba and ports in Oman.

The MoU marks a significant step towards deeper economic collaboration between Jordan and Oman, promising to yield substantial benefits for both nations.

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