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International trade

Jordan and Oman Strengthen Economic Cooperation through Joint Ventures

Strategic Insights

— 1 min read

The Jordan Enterprise Development Corporation (JEDCO) and Youth Projects Development Fund (Sharaka) in Oman co-hosted a second virtual symposium to explore joint economic cooperation areas, attended by 150 participants from various economic sectors. This event serves as a platform for exchanging knowledge and exploring bilateral trade and investment opportunities, in line with the joint action plan signed between the two countries. The symposium aims to strengthen cooperation, enhance communication, and facilitate communication for small and medium-sized enterprises (SMEs) with relevant authorities, supporting the development of the SME sector.

Key Takeaways:

  • The symposium was attended by 150 participants from various economic sectors, aiming to explore joint economic cooperation areas.
  • The event was held in implementation of the joint action plan after the two sides signed a memorandum of understanding.
  • The plan aims to strengthen cooperation and enhance communication among the two countries' entrepreneurs and supporting institutions.
  • The symposium aims to expand economic partnership horizons and facilitate communication for SMEs and entrepreneurs with relevant authorities.
  • JEDCO Acting CEO Dana Zoubi stated that the event directly contributes to connecting Jordanian SME owners with investment opportunities in the Omani market.
  • JEDCO continues its efforts to deepen economic and trade cooperation with Omani partners, serving the sustainable development of the two countries' private sector.
  • Sharaka CEO Ali bin Ahmed Muqebel expressed pride in the continued cooperation and shared commitment to support SMEs by opening new opportunities in regional markets and building long-term strategic partnerships.

Statistics:

  • 150 participants attended the second virtual symposium.
  • The symposium aims to facilitate communication for small and medium-sized enterprises (SMEs) and entrepreneurs with relevant authorities.
  • JEDCO continues its efforts to streamline access to new markets and deepen economic and trade cooperation with Omani partners.
  • The event is part of the joint action plan signed between Jordan and Oman.

Sources:

  • Jordan Enterprise Development Corporation (JEDCO)
  • Youth Projects Development Fund (Sharaka)
  • Jordan News Agency

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