The Ambassador of the Hashemite Kingdom of Jordan to Kuwait, H.E. Sinan Al-Majali, stated Jordanian-Kuwaiti relations stand as a mannequin of Arab cooperation constructed on mutual belief, respect, and integration.
He famous that Kuwaiti investments in Jordan exceed $20 billion, making them among the many largest within the area, whereas the Kuwait Fund for Arab Financial Improvement continues its important help for infrastructure, training, vitality, and public transportation tasks.
Ambassador Al-Majali emphasised that Jordan is urgent forward with its Financial Modernization Imaginative and prescient, launched beneath royal directives, which goals to realize complete and sustainable development. The following section of the plan (2026–2029) will give attention to empowering the non-public sector, attracting high-value investments, and selling key sectors resembling mining, tourism, vitality, training, and well being, studies Al-Rain day by day.
He revealed that the Jordanian authorities has launched a brand new package deal of incentives to draw traders, together with tax and customs exemptions for as much as 10 years, in addition to streamlined procedures by means of a unified funding window that cuts administrative processing instances to just some days.
“An investor’s time is extra invaluable than any tax exemption,” Majali stated, underscoring the federal government’s willpower to get rid of paperwork and simplify licensing procedures by means of the digital platform Make investments.jo.
He highlighted that Kuwait and the Gulf states stay key companions in Jordan’s improvement plans, notably within the fields of superior know-how, prescribed drugs, medical and spiritual tourism, and inexperienced vitality. He described Jordan as a promising and secure funding vacation spot, supported by strong laws, political stability, and a talented workforce.
The ambassador famous that Jordan’s economic system is displaying strong efficiency, with GDP development reaching 2.7 % within the first quarter of 2025 regardless of regional challenges. He cited vital features throughout a number of sectors, together with manufacturing, agriculture, vitality, and tourism, in addition to a rise in overseas direct funding by 36.4 % and a 9 % rise in exports in the course of the first half of the 12 months.
Al-Majali additional pointed to the sturdy efficiency of the Amman Inventory Alternate, the place buying and selling quantity surged by greater than 70 %, and the overall index surpassed the three,000-point mark for the primary time since 2008. Inflation has remained beneath 2 % for the second consecutive 12 months, whereas overseas reserves reached a file $22.8 billion, sufficient to cowl 8.7 months of imports.
Jordan’s precedence funding sectors, he added, embrace know-how and innovation, prescribed drugs, medical tools, and specialised tourism—noting that the nation’s aggressive benefits and expert workforce make it a regional hub for fintech, cybersecurity, and medical companies. The federal government can also be supporting inexperienced vitality, transportation, mining, and the movie trade, aligning with its modernization imaginative and prescient.
To additional encourage funding, the Jordanian authorities has accepted 9 key incentive measures, together with lowering industrial land costs, supporting agricultural exports, exempting transport operators from licensing charges, extending buying and selling hours on the inventory trade, and introducing new laws to manage digital property and improve competitors.
Ambassador Majali concluded that Jordan’s dedication to reform, transparency, and partnership with the non-public sector displays its willpower to stay a secure, engaging, and forward-looking funding vacation spot—notably for its shut companions in Kuwait and the Gulf area.