Jordanian-Iraqi economic forum begins at Dead Sea resort

The Economic Forum for Financial, Industrial, and Commercial Partnerships between Iraq and Jordan at the King Hussein Convention Center. (Petra)
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Updated 05 May 2024
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Jordanian-Iraqi economic forum begins at Dead Sea resort

  • A specialized session will focus on investment prospects in various economic sectors

AMMAN: Jordanian Minister of Investment Kholoud Saqqaf opened the Economic Forum for Financial, Industrial, and Commercial Partnerships between Iraq and Jordan on Sunday.
The forum, which is organized jointly by the Iraqi Business Council in collaboration with the Jordan and Amman chambers of industry, aims to strengthen economic ties between the two countries.
Held at the King Hussein Convention Center on the shores of the Dead Sea, the forum is the largest regional gathering for fostering economic cooperation between Jordan and Iraq, Jordan News Agency reported.
Over two days, the event will promote regional integration by facilitating economic connectivity and encourage collaboration across sectors.
Discussions will cover investment opportunities in Jordan and Iraq, prospects for commercial and industrial ventures, economic modernization initiatives, and opportunities in Jordan’s free and development zones.
Key figures attending include Kamel Dulaimi, the Iraq president’s chief of staff, ministers from Jordan and Iraq, as well as business leaders, investors and representatives from Arab and foreign companies.
Discussions are expected to focus on the banking sector’s role in providing financial support, while highlighting success stories from investment companies in both countries.
A specialized session will focus on investment prospects in various economic sectors, with a particular emphasis on mining and industry.
At the opening, Saqqaf highlighted investment prospects displayed on the Invest in Jordan platform, which align with the kingdom’s Economic Modernization Vision.
Meanwhile, Iraqi Minister of Industry and Mineral Resources Khaled Battal Al-Najm drew attention to his country’s industrial strategy and plans for a joint economic zone with Jordan, alongside efforts to address unemployment and attract foreign investment, especially in mining.
Dulaimi emphasized the significance of Iraqi President Abdul Latif Rashid’s recent visit to Jordan, underscoring discussions aimed at strengthening ties and enhancing economic systems to facilitate investment projects.


 


Famine spreading to two more areas of Sudan’s Darfur: UN-backed experts

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Famine spreading to two more areas of Sudan’s Darfur: UN-backed experts

  • Famine is spreading to two more areas of Sudan’s North Darfur after the paramilitary takeover of state capital El-Fasher
PORT SUDAN: Famine is spreading to two more areas of Sudan’s North Darfur after the paramilitary takeover of state capital El-Fasher triggered mass displacement into surrounding communities, UN-backed experts said on Thursday.
In an alert issued by the Integrated Food Security Phase Classification (IPC), global food security experts warned that “famine thresholds for acute malnutrition have now been surpassed” in the areas of Um Baru and Kernoi, near the border with Chad.
They added that the spread of famine came as the fall of El-Fasher led to “massive displacement of residents and displaced persons into surrounding areas of North Darfur.”