JEDDAH: Jordan and Saudi Arabia have launched a new business network aimed at accelerating private-sector partnerships and boosting trade and investment flows between the two countries.
The initiative was unveiled in Riyadh during a high-level economic gathering attended by senior executives, investors and business leaders.
The Jordan–Saudi Business Network was launched by the Amman Chamber of Commerce in cooperation with the Jordanian Embassy in Saudi Arabia, the Jordan News Agency, known as Petra, reported.
The next phase will involve the formation of specialized sectoral committees, regular business forums and structured follow-up of joint initiatives, in coordination with public and private stakeholders in both countries.
Saudi Arabia is Jordan’s largest Arab trading partner and its third-largest trading partner globally. Bilateral trade exceeds $5 billion, while cumulative investments between the two countries have surpassed $24 billion as of 2024.
