Amman: The General Secretariat of the Federation of Gulf Cooperation Council Chambers (FGCCC), in collaboration with the Jordan Chamber of Commerce, is set to organize the First Gulf-Jordanian Investment Conference on December 4 in Jordan. This significant event is supported by the GCC General Secretariat.

According to Saudi Press Agency, FGCCC Secretary-General Saleh Al Sharqi announced that the conference will include multiple sessions focused on enhancing economic relations between the Gulf and Jordan. Key topics will include fostering partnerships between the public and private sectors, exploring investment opportunities and incentives in Jordan, and addressing prospects and challenges in the transportation, logistics, technology, and industrial sectors within both the GCC and Jordan.

Saleh Al Sharqi underscored the conference’s objective to fortify connections between the Gulf’s private sector and its counterparts in other nations, particularly in the Arab world. He pointed out Jordan’s substantial pot
ential for developing promising investment partnerships across numerous economic fields, emphasizing that Jordan stands to gain from the resources and economic diversification efforts of Gulf countries as part of their national strategies.

The trade exchange volume between the GCC and Jordan has notably increased, escalating from $5.5 billion in 2019 to $8.6 billion in 2022. Jordanian exports also saw a rise, moving from $1.9 billion in 2022 to $2.3 billion in 2023. Saudi Arabia continues to be Jordan’s leading trade partner, representing 69% of GCC exports to Jordan and 59% of GCC imports from Jordan, with the United Arab Emirates following with shares of 26% and 20%, respectively.