Jordan and Iraq Strengthen Ties at IBC Economic Forum

The Economic Forum for Financial, Industrial, and Commercial Partnerships between Iraq, Jordan, and the region successfully took place between the 5th and 6th of May, at the King Hussein Bin Talal Convention Centre, Dead Sea.

His Excellency Dr. Majid Alsaidi, head of the Iraqi Business Council, opened the Economic Forum, followed by his Excellency Eng. Fathi Aljaghbeer, Director of Amman Chamber of Industry and Jordan Chamber of Industry. Later, were the guest of honour’s remarks, His Excellency the President of the Republic of Iraq Dr. Abdul Latif Jamal Rashid, presented on his behalf by Dr. Kamil Aldulaimi

The forum was the largest regional gathering for promoting economic cooperation between Iraq and Jordan. Over two days, the event promoted regional integration by facilitating economic connectivity and encouraging collaboration across sectors.

Discussions covered investment opportunities in Jordan and Iraq, prospects for commercial and industrial ventures, economic modernisation initiatives, and opportunities in Jordan’s free and development zones. Key figures attending included Kamil Al-Dulaimi, the Iraq president’s chief of staff, ministers from Jordan and Iraq, as well as business leaders, investors, and representatives from Arab and foreign companies.

The forum focused on the banking sector’s role in providing financial support and highlighted success stories from investment companies in both countries. A specialized session centred on investment prospects in various economic sectors, particularly mining and industry. At the opening, Her Excellency Khloud Al-Saqqaf highlighted investment prospects displayed on the Invest in Jordan platform, which align with the kingdom’s Economic Modernisation Vision.

Meanwhile, Iraqi Minister of Industry and Mineral Resources Khaled Battal Al-Najm drew attention to his country’s industrial strategy and plans for a joint economic zone with Jordan, alongside efforts to address unemployment and attract foreign investment, especially in mining. Al-Dulaimi emphasised the significance of Iraqi President Abdul Latif Rashid’s recent visit to Jordan, highlighting discussions aimed at strengthening ties and enhancing economic systems to facilitate investment projects.