Great potentials for cooperation between Jordan and Qatar: Tabbaa

Doha, The Jordanian Businessmen Association’s (JBA) President, Hamdi Tabbaa, said Jordan and Qatar have “great” potentials for cooperation in various economic sectors.

During a meeting of the Jordanian-Qatari Business Council held in Doha on Wednesday, Tabbaa lauded the bilateral ties as “deep-rooted,” adding they have witnessed momentum over the years in the various fields.

“There are opportunities for new joint and investment projects between the two countries, including service, commercial and industrial ventures,” he pointed out.

Tabbaa urged the Qatari authorities to employ more Jordanian workers, renowned for their practical expertise, expressing hope the necessary facilitations will be provided to grant visas to the Jordanian private sector to enter Qatar’s market more easily.

He also called on providing the necessary facilities to grant visas to the Jordanian private sector so that it can enter Qatar more easily.

The volume of Qatari investments in Jordan currently amounts to about $2 billion in various sectors including energy, real estate and banks, he noted.

The volume of Qatari investment in the Amman Stock Exchange (ASE) is about $1.1 billion, ranking third in the list of Arab investments in the ASE, he announced.

For his part, Chairman of the Qatari Businessmen Association (QBA) Sheikh Faisal bin Qassim Al Thani, lauded the close ties with Jordan in all fields, especially in the economic domains, as well as the cooperation between private sectors in the two countries.

Jordan Ambassador to Qatar, Zaid Louzi, said both countries have signed many economic and trade agreements in various fields, such as maritime transport, investments promotion and protection, avoidance of double taxation and other legislative frameworks that provide an attractive environment to enhance trade and economic cooperation between the two countries.

Source: Jordan News Agency