New Jordanian-Kuwaiti holding company established
A Jordanian-Kuwaiti holding company with a capital of $100 million was announced during the Jordanian King Abdullah's meeting with Kuwaiti business leaders on Wednesday.
The company, which aims to promote investment in Jordan groups nine major Kuwaiti firms with a capital of $100 million in its first stage.
"I call upon you to work together to build a better future for all," King Abdullah told his business audience in Kuwait.
As Jordan counts on Kuwaiti investors, official figures show that Kuwaiti investment in the Kingdom has gone beyond US$1 billion. (menareport.com)
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