UAE deposits $250 million in Jordan's Central Bank
The UAE has deposited $250 million in Jordan's Central Bank
Click here to add Central Bank of Jordan as an alert
Disable alert for Central Bank of Jordan,
Click here to add Gulf Cooperation Council as an alert
Disable alert for Gulf Cooperation Council,
Click here to add Jordan Abdullah Al Ameri as an alert
Disable alert for Jordan Abdullah Al Ameri,
Click here to add UAE Red Crescent Authority as an alert
Disable alert for UAE Red Crescent Authority
The United Arab Emirates (UAE) has deposited $250 million in the Central Bank of Jordan on December 25, the UAE Ambassador to Jordan Abdullah Al Ameri said Wednesday.
The envoy told Petra that the UAE will be paying $1.25 billion, as part of the $5 billion aid pledged by the Gulf Cooperation Council (GCC) states to help the Kingdom address economic challenges.
The envoy said Jordan and the UAE have mutual understanding towards various regional and international issues of concern.
He noted the progress achieved by Jordan in various domains and the national projects which were recently launched to enhance the Kingdom's progress and prosperity.
The UAE investments in Jordan cover different sectors, such as financial, tourism, industry, agriculture and education, the ambassador said, affirming that such investments not only aim to achieve profit, but also to push forward the wheels of progress and development in the Kingdom.
The envoy also talked about his country's support for Syrian refugees in the Kingdom, noting the role of the UAE Red Crescent Authority (RCA) in this regard.
- Al Tayer bucks the US department store trend with Bloomingdale's Kuwait opening
- Gulf Islamic banks set to outperform conventional banks for second year: Moody's
- Jordan secures EU finance for socioeconomic and environmental programs
- Same-day service deliveries in GCC an untapped market: Wing CEO
- Will terror attacks damper Arabs' appetite for European holidays?