President of the Jordanian Businessmen Association (JBA), Hamdi Tabba’a, discussed with the Bahraini Ambassador to Jordan, Sheikh Khalifa bin Abdullah bin Hamad Al Khalifa, preparations to hold the 18th Business Community Forum in the city of Manama during the current year to enhance joint economic relations.
According to a JBA statement Saturday, the two sides went over cooperation prospects and ways to enhance joint continuous coordination among the two countries’ businesspeople and the private sector.
Tabba’a and the envoy stressed the need to develop an executive program to activate the agreements signed by the two countries to support economic relations, and increase the number of Bahraini tourists to Jordan, especially in medical tourism.
Commending Jordanian-Bahraini relations as “historic and based on common economic visions,” Tabba’a stressed the importance of enhancing the volume of trade exchange and boosting Bahraini investments in the Kingdom.
To achieve this goal, he noted Jordan has “promising” investment opportunities in multiple economic sectors, especially in the financial industry, which is witnessing global development with the introduction of a digital currency that enables foreign investors to use stock market “smoothly.”
Bahrain ranks fifth in the Arab world and globally in investing in the Jordanian stock market with a volume of JD854 million in 2024, he pointed out.
Meanwhile, the envoy stressed the need to enhance Bahraini investments in Jordan, especially in the fields of pharmaceutical, health and energy factories, praising the decision to introduce the digital currency in the Kingdom.
The diplomat also called for increasing the volume of mutual trade exchange, which amounted to about $133 million in 2023, compared to $198 million in 2022.