Jordan Business Association Commends Royal Efforts on Gaza and Economy

AMMAN — The Jordan Businessmen Association (JBA) has voiced its gratitude for the efforts of His Majesty King Abdullah II to halt the Israeli actions in Gaza and bolster the national economy.

According to Jordan News Agency, JBA President Hamdi Tabbaa cited recent agreements inked during His Majesty’s meeting with UAE President Sheikh Mohammed bin Zayed Al Nahyan as evidence of Jordan’s capacity to draw investments into key value-added sectors. These pacts, forged on the sidelines of the royal encounter, spanned vital fields such as energy, water, and railway infrastructure, along with operations for Aqaba’s multi-purpose port and a new port communications system, poised to enhance Aqaba’s regional port appeal.

Tabbaa highlighted that these ventures are anticipated to spur growth in the coming year, cut unemployment rates that weigh on the economy, and support the Economic Modernization Vision (EMV). He also remarked on the significance of the $400 million aid from the Abu Dhabi Fund for Development in bolstering the competitiveness of Jordanian industries. This support is set to benefit projects including the gas pipeline network in industrial estates and enhance Jordan’s appeal to tourists, especially for developments near the Baptism Site. Touching upon the digital overhaul of the Ministry of Health, Tabbaa noted that this reform would streamline operations for medical staff and patients, with positive repercussions on the national budget via optimized drug and medical supplies procurement.

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