Officials from Jordan and Cyprus discuss investment cooperation

Cypriot President Nicos Anastasiades and Jordan’s King Abdullah II. (File/Reuters)
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Updated 21 August 2023
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Officials from Jordan and Cyprus discuss investment cooperation

  • MoU to establish a regulatory framework to strengthen business collaborations was signed this month by Cypriot president 

AMMAN: Jordanian Investment Minister Kholoud Saqqaf met the Cypriot ambassador to his country, Michalis Ioannou, on Monday to discuss a memorandum of understanding that was signed by Cypriot president Nikos Christodoulides during an official visit to Jordan at the start of August.

The agreement focuses on efforts to enhance investment cooperation and establish a regulatory framework that will strengthen Jordanian-Cypriot business ties.

During the meeting, Saqqaf emphasized the significant nature of the agreement, which she said will make it easier for the two countries to collaborate more effectively in a number of sectors. She also highlighted the importance of working to showcase investment opportunities, identify promising sectors, organize sector-specific meetings, and exchange information on investment policies and legislation.

She said the Ministry of Investment is keen to provide support to help Cypriot enterprises overcome challenges and facilitate investment in the Jordanian market.

Saqqaf also discussed the measures the government has taken to ensure Jordan is an attractive destination for investors, including the introduction of legislation to regulate investment and facilitate public-private partnership projects. Additionally, the ministry has developed a comprehensive investment promotion strategy for the years 2023-2026 and launched the Invest.jo platform.

Ioannou said the shared objectives and views of the political leaderships in the two countries drive a desire to foster cooperation at all levels. He described the agreement as a significant step toward the enhancement of bilateral investment and business relations.

A virtual meeting between Jordan’s Ministry of Investment and the Cyprus Investment Promotion Agency is due to take place in September. Officials said it will focus on implementation of the agreement and ways to further strengthen collaboration.
 


Three brothers arrested over US embassy blast in Oslo

Updated 7 sec ago
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Three brothers arrested over US embassy blast in Oslo

  • The brothers, who were Norwegian citizens of Iraqi origin, had been arrested in Oslo and police were investigating the motive
  • While none of the brother were previously known to police, Hatlo said investigators were not ruling out links to “criminal networks“

OSLO: Norwegian police said Wednesday three brothers had been arrested on suspicion of a “terrorist bombing” over a weekend explosion at the US embassy in Oslo, which caused minor damage but no injuries.
Police prosecutor Christian Hatlo told a press conference the brothers, who were Norwegian citizens of Iraqi origin, had been arrested in Oslo and that police were investigating the motive.
“We are still working from several hypotheses. One of them is whether this is an order from a government entity,” Hatlo said.
“This is quite natural given the target — the US embassy — and the security situation the world is in today,” he said.
Hatlo said the investigation would seek to clarify exactly what roles the brothers, who were in their 20s, had played.
“We believe that one of them is the person who placed the bomb outside the embassy and that the other two were complicit in the act,” Hatlo told reporters.
Oystein Storrvik, a lawyer for one of the suspects, told broadcaster TV 2 that his client had admitted “to being involved in the case.”
“He admits that he placed the bomb there,” Storrvik told the broadcaster.
Storrvik added that his client had been questioned by police.
“He has explained what happened, and I have no further comments at this time,” he said.

- ‘Proxy actors’ -

While none of the brother were previously known to police, Hatlo said investigators were not ruling out links to “criminal networks.”
In its annual threat assessment, Norwegian security service PST said last month that Iran, which it considers one of the main threats to the country, could rely on “proxy actors,” including “criminal networks,” to commit acts.
On Tuesday, Iran’s ambassador in Oslo denied any involvement by his country in the embassy explosion.
“It is unacceptable that we are being singled out,” Alireza Jahangiri told Norwegian newspaper Verdens Gang.
According to police, the perpetrators of the bombing, described as “powerful,” may also have acted out of their own motives.
US embassies have been placed on high alert in the Middle East due to American strikes on Iran. Several have faced attacks as Tehran responds by targeting industrial and diplomatic facilities.
The blast took place at around 1:00 am (0000 GMT) on Sunday at the entrance to the embassy’s consular section.
On Monday, two images were released from surveillance camera footage showing a suspect dressed in dark clothing with a hood over his head and wearing a backpack.
Roughly at the time the incident occurred, a video had been uploaded to the Google Maps page for the US embassy.
The video, which has since been taken down, appeared to show Iran’s late supreme leader Ayatollah Ali Khamenei, who was killed on the first day of the US-Israeli strikes in Iran.
According to Norwegian public broadcaster NRK, the person who uploaded the video wrote in Persian: “God is great. We are victorious.”
Police have also opened an investigation into this.