logo
Key meeting in Amman to boost economic ties between Jordan, Turkey

Key meeting in Amman to boost economic ties between Jordan, Turkey

Zawya25-03-2025

AMMAN: President of the Jordanian Businessmen Association (JBA) Hamdi Tabbaa, Turkish Commercial Attaché in Amman Mehmet Ural and Vice President of the Jordanian-Turkish Business Council Turker Karahasan on Monday discussed strategies to reactivate the joint business council, which was founded in 1994.
The JBA said that the two sides plan to convene a council meeting in Amman later this year to explore ways to improve economic, trade, and investment relations between the two nations, the Jordan News Agency, Petra, reported.
Tabbaa highlighted the importance of the council, which connects the JBA with the Turkish Foreign Economic Relations Board, noting its effectiveness in fostering communication between the business communities of both countries.
He added that the council has played a "significant" role in identifying investment opportunities and boosting economic collaborations.
The meeting, which was also attended by JBA board member Yosri Tahboub and General Manager Tariq Hijazi, emphasised the need to boost trade and investment exchanges between Jordan and Turkey to generate mutual economic benefits.
Ural stressed the importance of the council in advancing economic relations, highlighting the vast potential for trade and investment cooperation.
He highlighted the importance of enhancing its activities, organising business delegations, and sharing expertise between the private sectors of both countries.
Karahasan reiterated the council's role in fostering business communication and underscored the need to increase its efforts to further support economic relations, expand trade, and create investment opportunities.
© Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi Unveils Strategic Mubadala–ADPIC Alliance for Future‑Ready Infrastructure
Abu Dhabi Unveils Strategic Mubadala–ADPIC Alliance for Future‑Ready Infrastructure

Arabian Post

time2 days ago

  • Arabian Post

Abu Dhabi Unveils Strategic Mubadala–ADPIC Alliance for Future‑Ready Infrastructure

Greenlogue/AP Mubadala Investment Company and the Abu Dhabi Projects and Infrastructure Centre have formalised a partnership designed to accelerate the emirate's infrastructure agenda. The agreement, inked during the opening of the Abu Dhabi Infrastructure Summit 2025, establishes a broad cooperation blueprint aimed at advancing key development projects. The accord commits both entities to conduct thorough feasibility studies and share knowledge to assess the viability of proposed ventures. It also includes mechanisms for crafting sustainable financing frameworks that align with Abu Dhabi's ambitious urban and economic growth targets. ADVERTISEMENT Maysarah Mahmoud Eid, Director‑General of ADPIC, emphasised that the partnership is set to deliver high‑quality, sustainable projects contributing to long‑term prosperity and meeting the emirate's evolving infrastructure demands. She stated, 'Through our collaboration with Mubadala, we are dedicated to pioneering sustainable, high‑quality projects that will promote economic growth and create lasting infrastructure developments.' Khalifa Al Romaithi, Executive Director of the UAE Real Estate platform at Mubadala, highlighted the initiative's focus on pioneering state‑of‑the‑art infrastructure. He described the collaboration as 'a testament to Mubadala and ADPIC's commitment to support Abu Dhabi Government ambitions in making the emirate one of the world's most liveable and economically resilient cities.' The framework is expected to underpin forward‑looking solutions and detailed project planning, reinforcing the emirate's reputation as an inviting destination for global investment and development. Abu Dhabi is targeting Dh47 billion worth of infrastructure deals with the private sector during the second half of 2025. That initiative complements Dh22 billion in public‑private partnership agreements already secured this year, covering nearly 619 projects under development. ADPIC's roadmap focuses on fast‑tracking delivery timelines—aiming to complete major infrastructure projects, including roads, schools and housing, within a three‑year span by 2026. Meanwhile, the long‑term investment outlook is ambitious. The emirate anticipates backing approximately Dh450 billion in infrastructure initiatives over the next five to ten years, predominantly through PPP arrangements to drive efficiency and diversify the economy. Global partners have already begun engaging in Abu Dhabi's infrastructure strategy. Representatives from the Turkish Contractors Association, including Fuat Kasimcan, noted significant opportunities for Turkish firms in areas such as hospitals, roads and utilities—spurred by the Comprehensive Economic Partnership Agreement between the UAE and Turkey. He remarked, 'There is really big potential for Turkish firms to take part in Abu Dhabi development under the PPP model … We really want to share our expertise.' The Mubadala–ADPIC agreement enhances this international momentum by adding depth to the emirate's approach to infrastructure planning and funding. Central to this is knowledge exchange—covering market trends, risk assessments, and technical standards. This complements sustainable finance efforts, aligning with global investment norms such as green bonds and blended financing. Experts suggest that this alliance mirrors broader global trends, where sovereign investors partner with government‑led infrastructure entities to strengthen public‑private collaboration and maximise project impact. Infrastructure consultancy GlobalData noted that such partnerships enhance transparency, risk-sharing and long-term viability—especially as nations pursue post‑pandemic economic resilience and net‑zero ambitions. As Abu Dhabi intensifies efforts to diversify its economy beyond hydrocarbons, infrastructure has taken centre stage—underpinning growth sectors like logistics, education, healthcare, and tourism. The Mubadala–ADPIC framework supports a holistic ecosystem by ensuring infrastructure projects are meticulously appraised, financed, and executed.

Erdogan vows fully independent defence industry amid Israel-Iran conflict
Erdogan vows fully independent defence industry amid Israel-Iran conflict

Middle East Eye

time3 days ago

  • Middle East Eye

Erdogan vows fully independent defence industry amid Israel-Iran conflict

Turkish President Recep Tayyip Erdogan announced on Wednesday that his country's defence industry would become fully independent, producing its own warplanes, tanks, drones and frigates, as Israel and Iran traded strikes for a sixth day. "We will further increase our domestic and national production rate, which we have raised from 20 percent to 80 percent," Erdogan said at a Justice and Development Party (AKP) parliamentary group meeting. "We will continue with patience, determination, perseverance, and firm steps until we achieve our goal of full independence in the defence industry," he added. Addressing Israeli attacks on Iran and rising tensions in the region, Erdogan said Turkish officials were on high alert and preparing contingency plans for all possible risks. "We will raise our deterrence to such a level that not only will no one attack us, but no one will even dare to think of it," he said, adding that Turkey had recently completed a number of national defence projects, including air defence systems, warships, cruise missiles, armed drones, and helicopters. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters Erdogan described Israel's assault on Iran as "state terrorism", accusing Prime Minister Benjamin Netanyahu's government of disregarding both law and rules. "It is completely natural, legitimate, and a legal right for Iran to defend itself in the face of Israel's banditry," he said, adding that the attacks were carried out while Iran's nuclear negotiations were ongoing. After a cabinet meeting on Monday, Erdogan also announced that Ankara was accelerating its production plans to bring medium- and long-range missile stockpiles to a deterrent level. Key Erdogan ally and nationalist leader Devlet Bahceli warned on Tuesday against Israeli plans in the region, claiming that Israel's political and strategic objective was to encircle Turkey. Since Israel launched its assault on Iran last week, Erdogan has held several phone calls with regional leaders - including the presidents of Iran, the United States, and Russia - advocating diplomacy as the only way to resolve the dispute. On Wednesday, he reiterated that Ankara has no territorial ambitions in the region: "We have no issue with the sovereignty of any country," he said. "No one should try to test us, challenge us, or push our patience." Over the weekend, Erdogan told US President Donald Trump that negotiations over Iran's nuclear programme were the only peaceful solution to the conflict, and offered Turkey as a facilitator for peace. According to sources in Ankara, the Turkish Air Force was placed on high alert as the government convened security meetings to assess potential emergency scenarios and spillover risks following the start of the Israeli military campaign. In a phone call with Syrian President Ahmed al-Sharaa over the weekend, Erdogan advised Syria to avoid becoming involved in the escalation between Iran and Israel, and to remain vigilant against further risks and possible attacks by terrorist groups.

Women, life and freedom for post Mullah Iran!
Women, life and freedom for post Mullah Iran!

Arabian Post

time3 days ago

  • Arabian Post

Women, life and freedom for post Mullah Iran!

Matein Khalid There is precious little good news to emerge from the Middle East since the IDF launched its spectacular blitzkrieg and leadership decapitation strike against Iran's nuclear asset and military/intelligence elite last Friday. This weekend was grim with Iran's ballistic missile strike on Haifa and Tel Aviv with even a real miss on the IDF command and control complex in Kirya. Netanyahu's boast that he would order IDF warplanes to destroy 100 buildings in Iran for every building destroyed by an Iranian missile in Israel also suggested a protracted, bloody conflict. Yet Brent has plunged to 71.80 as I write with Nasdaq up 300 points on diplomatic signals that Iran wants to join Trump's call for immediate peace deal talk under his aegis. It is also significant that Iran has dare not retaliate against US forces in the Gulf or Iraq. Since the IDF and Mossad destroyed Hezbollah in Lebanon last autumn and a Turkish backed insurgency overthrew its 54-year old Baathist dynastic vassal state in Syria last December, the Ayatollah's 'axis of resistance' in the Levant no longer restrains Israel military strike, as Operation Rising Lion suggests. In fact, the lion and sun were the ancient symbols of Iran's Zoroastrian imperial past and even adorned the flag of the last Pahlavi Shah. I wonder if Bibi wants to anoint Prince Reza Cyrus Pahlavi as the next Shah of Iran. ADVERTISEMENT For Reza's sake, I hope he stays in Washington and does not allow himself to be used by this cynical Israeli megalomaniac. His life is too precious to his wife and daughters as well as his mother Empress Farah, who has faced so much tragedy in her life with the loss of her husband, younger son Ali Reza and daughter Laila. Prince Reza Cyrus should also remember the fate of Bachir Gemayel, whom another nutcase Israeli Prime Minister (Begin) had anointed President of Lebanon in 1982 after the IDF's Operation Peace for Galilee, which ensured no peace for either Israel or Lebanon, midwifed the rise of Hezbollah and claimed 20,000 civilian lives in siege of Beirut. Even though the IDF has scored yet another military and intelligence coup against Iran, I doubt if Netanyahu's call for a popular revolt will happen, let alone succeed. After all, the Ayatollah regime has massacred tens of thousands of young Iranian lives in the periodic revolts against the Islamic Republic that have occurred from the very first months of its existence in 1979. It was surreal to see Bibi speaking the Persian words zan, zindagi, azadi (women, life, freedom). Anybody with a remotely humane moral compass wishes the beautiful Iranian people liberation from this evil and nightmarish mullah regime that has strangled Iran since 1979. Whatever happens, there is no doubt that June 2025 will join February 1979, August 1990, March 2003 and October 2023 as one of the decisive hinge months of Middle East history. That much, at least, is certain! Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store