Riyadh: The Saudi-Jordanian Roundtable Meeting convened in Riyadh on Thursday, co-chaired by Minister of Investment Khalid Al-Falih and Minister of Investment of the Hashemite Kingdom of Jordan Tareq Abughazaleh. Saudi Ambassador to the Hashemite Kingdom of Jordan Prince Mansour bin Khalid bin Farhan attended the meeting, along with Ambassador of the Hashemite Kingdom of Jordan to the Kingdom of Saudi Arabia Haitham Abu Alfoul and Chairman of the Saudi-Jordanian Business Council Eng. Abdulrahman Al-Thubaity.

According to Saudi Press Agency, the meeting brought together representatives from both the public and private sectors to discuss promising investment opportunities and ways to strengthen bilateral partnerships. They also reviewed mechanisms to empower investors and enhance mutual investments between the two countries, in line with Saudi Vision 2030 and Jordan’s Economic Modernization Vision 2033.

On the sidelines of the meeting, the Ministry of Investment and the Jordanian Ministry of Investment signed an addendum to the bilateral agreement on the promotion and protection of investments between the two countries. The addendum aims to update the legal and regulatory frameworks governing investments, enhance the attractiveness of the investment environment, and ensure the sustainability of economic cooperation between the two nations.

To further promote Saudi-Jordanian economic integration, the Economic Cities and Special Zones Authority (ECZA) and Jordan’s Ministry of Investment signed a memorandum of understanding (MoU) to strengthen bilateral cooperation on special economic zones. The MoU focuses on sharing expertise, enhancing the competitiveness of economic cities and special zones, organizing specialized workshops, and conducting field visits.

The roundtable meeting and its resulting agreements reaffirm the depth of the fraternal and strategic relations between the Kingdom of Saudi Arabia and the Hashemite Kingdom of Jordan. They underscore both countries’ shared commitment to advancing economic integration and expanding investment partnerships to serve their mutual interests and align with regional and global developmental transformations.