The Jordan Enterprise Development Corporation (JEDCO) and the Saudi Export Development Authority (SEDA) signed a memorandum of understanding (MoU) on Monday to strengthen bilateral relations and enhance cooperation in export development.
The volume of trade exchange between Saudi Arabia and Jordan increased to 15.3 billion Jordanian dollars over the five years (2019-2023). According to data from the Amman Chamber of Commerce, Jordan's exports to Saudi Arabia during the same period amounted to JOD3.68 billion, compared to imports worth JOD11.6 billion.
Saudi Crown Prince Mohammed bin Salman has invited the leaders of Gulf Arab countries, Egypt, and Jordan for a "brotherly unofficial" meeting in Riyadh on Friday, Saudi state news agency (SPA) reported.
The ancient desert city in the northwest of the country combines culture, history, and extraordinary landscapes
The kingdom’s de facto leader, Crown Prince Mohammed bin Salman, was once shunned in diplomatic circles. Now he is playing an important role in negotiations over Gaza and Ukraine.
Israeli Prime Minister Benjamin Netanyahu has said that Israel is “committed” to Trump’s plan and described it as a “bold vision” for Gaza.
Riyadh is hosting U.S., Russian and Arab officials for high-stakes talks on Ukraine and Gaza, more proof of its regional clout and warm relations with President Trump.
Draft ideas will be discussed at a meeting in Riyadh this month. Proposals may involve a Gulf-led reconstruction fund and a deal to sideline Hamas.
The Kingdom's recent maneuvers reflect its ambitions to assert itself as a global mediator while securing its own interests.