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  3. Jordanian parliamentary delegation, Saudi business leaders discuss expanding economic ties

Jordanian parliamentary delegation, Saudi business leaders discuss expanding economic ties

05/10/2026 | 20:44:46

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Jordanian parliamentary delegation, Saudi business leaders discuss expanding economic ties

Riyadh, Oct. 5 (Petra) -- A Jordanian parliamentary delegation led by MP Abdul Baset Al-Kabariti, head of the Jordanian-Saudi Parliamentary Brotherhood Committee, met in Riyadh on Monday with Federation of Saudi Chambers Vice President Khaled bin Mohammad Al-Saikhan and Saudi-Jordanian Business Council Chairman Abdulrahman bin Hassan Al-Thubeiti to explore expanding economic and investment cooperation.

The meeting was attended by Dr. Ibrahim Al-Qannas, head of the Saudi-Jordanian Parliamentary Friendship Committee at the Saudi Shura Council, and Jordanian Ambassador to Saudi Arabia Haitham Abu Al-Foul, along with members of the business council and the federation.

Al-Kabariti highlighted the strategic nature of bilateral relations under the leadership of His Majesty King Abdullah II and King Salman bin Abdulaziz Al Saud, with support from HRH Crown Prince Al Hussein bin Abdullah II and Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud.

He emphasized the need to move from identifying investment opportunities to executing concrete projects that drive economic growth and job creation in both nations. Saudi investments in Jordan, he noted, serve as a cornerstone for long-term production and development partnerships that capitalize on both countries' competitive advantages.

Al-Kabariti presented several key investment opportunities in Jordan, including the National Railway project, the Mujib pumped-storage hydroelectric energy project, green hydrogen and renewable energy initiatives, electric vehicle assembly, the Amman-Zarqa light rail project, development zones and the dry port in Ma'an, silica sand mining, pharmaceutical and medical industries, medical tourism, food security, and information technology.

He added that aligning Saudi Vision 2030 with Jordan's Economic Modernization Vision creates significant scope for joint ventures that leverage Jordan's strategic geography and skilled workforce alongside Saudi Arabia's financial and technological capabilities.

For their part, representatives from the Federation of Saudi Chambers and the Saudi-Jordanian Business Council underscored the importance of enhancing direct engagement between private sector leaders, identifying priority sectors, and overcoming procedural hurdles facing investors.

The Jordanian delegation also included MP Ayman Al-Badadweh, deputy head of the brotherhood committee and chair of the House Public Services and Transport Committee; MP Falihah Al-Khodeir, chair of the House Woman and Family Affairs Committee; and MPs Ibrahim Al-Jbour, Mohammad Al-Mahameed, Ayman Abu Al-Rubb, and Tareq Bani Hani.

//Petra// AF

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