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Qatar-Jordan Business Ties Strengthen as Investments $4.5B

Team QT by Team QT
February 1, 2024
in Funding, Global, Qatar Business News, Resources
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Jordan continues to attract significant investments from Qatar, with the total value reaching $4.5 billion across major sectors.

Jordanian Minister of Investment Kholoud Saqqaf

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  1. Qatari investments in Jordan have reached $4.5 billion according to figures presented at a joint Qatar-Jordan business seminar held in Doha.
  2. Jordan’s Minister of Investment highlighted the strong economic ties between the two countries and outlined $1.4 billion in promising new investment opportunities.
  3. Speakers from Qatar praised bilateral relations and expressed willingness to further expand investments across sectors between Qatari and Jordanian firms.

Qatari investments in Jordan have grown exponentially over the years, reaching $4.5 billion according to recent figures. This was revealed at a seminar (Expo Doha 2023) held in Qatar’s capital Doha to promote business and investment opportunities in Jordan.

The ‘Business Environment and Investment Opportunities in Jordan’ seminar was organised jointly by the Qatar Chamber and Jordan’s Ministry of Investment. It provided a platform for officials and business leaders from both countries to discuss ways to strengthen economic cooperation.

Jordanian Minister of Investment Kholoud Saqqaf highlighted the strong bilateral ties between Amman and Doha. She noted that Qatari investments span key sectors like banking, real estate, tourism, energy and industry. The minister believes Jordan offers attractive incentives and a business-friendly climate for foreign investors.

Maqqaf also outlined $1.4 billion worth of promising investment projects across 17 economic sectors. Jordan’s new ‘Invest in Jordan’ online portal provides all relevant information and resources. She invited Qatari businessmen to explore opportunities and help accelerate development initiatives.

From Qatar’s side, Mohamed bin Twar, First Vice Chairman of the Qatar Chamber, praised the robust Qatar-Jordan relations. Many Jordanian companies have enjoyed success operating in Qatar, either fully owned or in partnership with Qatari counterparts.

Bin Twar expressed Qatar’s strong willingness to expand investments further. Bilal Hammouri and other Jordanian officials also spoke about major investment prospects in sectors like industrial parks, real estate and tourism.

This engaging seminar highlighted the substantial Qatari footprint in Jordan’s economy and the potential for much deeper ties. With open government support, the private sectors of both nations stand ready to realise many mutually beneficial ventures. Strong Gulf cooperation is pivotal for progress throughout the broader Middle East region.

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Team QT is the collective voice behind QatarsTalk, bringing you the latest and most insightful content from Qatar. Comprised of dedicated writers, researchers, and journalists, Team QT focuses on delivering high-quality articles on a wide range of topics, including local news, business trends, cultural highlights, and personal stories. Their mission is to inspire, connect, and influence the community by sharing diverse narratives and valuable insights about life in Qatar. With a passion for storytelling, Team QT ensures that every piece resonates with the readers.

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