Amman: Today, the Sultanate of Oman and the Hashemite Kingdom of Jordan have officially signed a memorandum of understanding (MoU) to strengthen their investment cooperation across various sectors.
The MoU, which was signed during His Majesty the Sultan's State Visit to Jordan, was executed by the Oman Investment Authority (OIA) and the Social Security Corporation, represented by the Social Security Investment Fund (SSIF) in Jordan.
Abdulsalman Mohammed Al Murshidi, Chairman of OIA, and Dr. Ezzeddin Kanakrieh, Chief Executive Officer of the SSIF, were the signatories of the MoU.
This agreement aims to enhance collaborative investment opportunities between Oman and Jordan in diverse fields such as information and communications technology (ICT), food, agriculture, medicines, medical supplies, energy, mining, tourism, and logistics services, among others.
Al Murshidi emphasized that the MoU was established in accordance with the Royal directives of His Majesty the Sultan, with the objective of strengthening bilateral ties and expanding economic cooperation between the two nations.
He further highlighted that the OIA has recently dispatched a team to Jordan to identify potential joint investment prospects. The MoU solidifies the partnership between the OIA and the SSIF, particularly in the development of pharmaceuticals, food security, and mining sectors.
Al Murshidi also mentioned ongoing discussions regarding real estate development and the exploration of establishing a direct shipping line between the Jordanian port of Aqaba and ports in the Sultanate of Oman.
The signing ceremony was attended by Sheikh Fahd bin Abdulrahman Al Ojaili, Ambassador of the Sultanate of Oman to the Hashemite Kingdom of Jordan, along with several Jordanian officials.
