UAE, Jordan sign $100m development deal

Mubasher: The UAE and Jordan have signed a $100 million cooperation agreement to boost innovation, entrepreneurship, and development projects in the Hashimi kingdom. 

The deal was inked by the Khalifa Fund for Enterprise Development (Khalifa Fund) and the Jordanian Crown Prince Foundation.

The loan will be distributed in tranches and finance 22,000 investments to provide 28,000 job opportunities in the next five years.

In October, the UAE financed Jordan with $833.3 million.

Mubasher Contribution Time: 21-Nov-2018 08:43 (GMT)
Mubasher Last Update Time: 21-Nov-2018 08:52 (GMT)