Jordan and UAE sign investment memorandum of understanding

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AMMAN — The Cabinet decided, on Sunday, to approve a memorandum of understanding between the Jordan Investment Fund and the Abu Dhabi Development Holding Company to establish an investment fund company in Jordan.اضافة اعلان

According to Al-Mamlaka, this memorandum of understanding comes due to the interest of the Abu Dhabi Development Holding Company in establishing an investment fund company to invest in its projects in the Kingdom, in accordance with the provisions of the Jordan Investment Fund Law.

The Cabinet also decided to approve a memorandum of understanding between the Ministry of Investment and its counterpart in the United Arab Emirates, regarding cooperation in the field of investment.

This memorandum of understanding aims to create a framework for investment cooperation in various areas, including infrastructure, development, and other investment fields, as well as facilitating the exchange of technical knowledge, advice, skills, and experience.

The Cabinet also approved a memorandum of understanding in the field of green hydrogen production investment between the Ministry of Energy and Mineral Resources and the French company "Amarenco Invest In RE. Generation" and the Emirati company "H2 Global Energy."


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