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  • 21-11-18

    USD100m pact inked for Jordan's SMEs support

    (MENAFN) Jordan and the UAE inked a USD100 million agreement for Jordanian small- and medium-sized enterprises (SMEs) to be backed.

    King of Jordan Abdullah II attended the signing ceremony in Amman along with Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan.

    The Jordanian Crown Prince Foundation is to be granted along with Khalifa Fund for Enterprise Development funds for 22,000 initiatives in the Kingdom.

    The financing was also reported to be spent for the opening of 28,000 job opportunities in Jordan over a period of five years.

    The purpose behind the pact is for the Jordanian economy to be supported while entrepreneurship in Jordan is developed.

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