BREAKING NEWS

Rare tornado kills one, injures 10 in Netherlands Crisis-hit Sri Lanka just days from running out of fuel US says G7 closing in on Russian oil price caps Finance Minister meets Maltese counterpart Shura Council holds regular weekly meeting Shura Council Dy Speaker granted Medal of Leading Arab Woman for Social Responsibility SC signs deal with Associated Press to manage host country broadcast services during the FIFA World Cup Qatar 2022 Eid al-Adha will be on July 9 according to astronomical calculations: QCH

Saudi crown prince visits Jordan

Reuters/Amman

Wednesday، 22 June 2022 01:08 AM

Saudi Crown Prince Mohamed bin Salman arrived yesterday in Jordan as ties thaw after years of divergent views, officials said.
The first such visit in years by Saudi Arabia’s leader comes at a time, officials say, when Jordan’s economy is struggling with the economic knock-on effects of the Ukraine war.
“This is an opportunity for a new phase in Jordanian-Saudi ties and to continue a programme of economic projects and new investments,” a senior Jordanian official told Reuters.
Business leaders and officials hope it will unblock at least $3bn of investment projects that Saudi Arabia committed to in recent years but which never materialised.
Saudi Arabia, which once rescued Jordan with cash injections, had held off direct support, and officials said discussions would look at more ways to help Jordan’s economy, which has been battered by rising fuel prices and higher food imports.
Jordan imports most of its energy needs. 
Officials say Jordan’s economic strains have worsened with the end of Gulf grants and little extra funds by Western donors in the last few years to cope with sluggish growth and high unemployment.

Add Comment

There are no comments.

Top