
Jordan: JBA, Welsh delegation discuss boosting trade, investment cooperation
AMMAN — Secretary-General of the Jordanian Businessmen Association (JBA) Abdul Rahim Baqai on Monday met with a Welsh government delegation to discuss boosting economic, trade and investment ties between Jordan and Wales.
Talks also went over means to explore new avenues for cooperation across various sectors, the Jordan News Agency, Petra, reported.
The delegation included Head of the Welsh Government Regional Office in Dubai Sarah Taylor and Deputy Head of the Welsh Government Office for MENA Phil Taylor.
Baqai stressed the importance of boosting trade and investment exchange and encouraging regular business engagements between the two sides to identify promising opportunities.
He noted that since 2024, the JBA has been linked to the Joint Jordanian-Welsh Business Council, established in collaboration with the Chamber of Commerce of Wales.
This council, he said, has marked a "significant" milestone in enhancing ties between the business communities of both countries.
He highlighted the need to broaden cooperation to include strategic partnerships with British universities and companies, which would contribute to Jordan's economic development and technical advancement.
Baqai also pointed to tax incentives and business facilitation measures introduced by the Jordanian government to attract foreign investment, particularly in the services sector.
Sarah stressed Wales' interest in enhancing collaboration with Jordanian private sector institutions and attracting more British investment to the Kingdom, highlighting the potential for growth in sectors where Jordan has competitive advantages, especially in services sector.
Taylor also expressed the office's readiness to support business ties by facilitating bilateral meetings and providing the JBA with the necessary tools and information to help Jordanian businesses access the Welsh market and benefit from its available opportunities.
© Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
JT
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arabian Business
2 hours ago
- Arabian Business
UAE businesses confident of international trade growth despite tariff woes
Businesses in the UAE remain highly confident in their international trade prospects, with 94 per cent saying they expect to grow cross-border trade in the near future, according to HSBC's 2025 Global Trade Pulse Survey. Despite ongoing uncertainty and cost headwinds from tariffs, UAE firms are leaning into enhanced planning and digital solutions to stay ahead. The HSBC survey offers insight into the business plans and sentiment of more than 5,700 international firms across 13 markets regarding tariffs and trade. UAE business optimism It reveals that two thirds of corporations globally have already experienced cost increases due to tariff and trade uncertainty – and the worst may be yet to come. In contrast, companies in the UAE are incredibly optimistic about their future international trade prospects, as they have not suffered particularly pronounced impacts on cost yet, though they do expect to in the short-and-long-term. Deyana Cherneva, Head of Global Trade Solutions, Middle East North Africa and Türkiye, HSBC Bank Middle East said: 'Corporates in the UAE have their counter strategies ready in response to the rapidly evolving trade landscape. Using data, investing in supply chains, and increasing reliance on the Middle East, China, and Europe corridors, are part of their plans. 'Geopolitical and geoeconomic shifts have been a mainstay across decades and resilient businesses know how to adapt and respond. What is encouraging to see is that 75 per cent of corporates in the UAE plan to use the trade uncertainty as an opportunity to evolve and explore new opportunities.' Key findings include: The United Arab Emirates' proactive approach is also reflected in increased regional trade ties. 62 per cent of surveyed UAE firms say they are ramping up reliance on the Middle East, followed by China (47 per cent) and Europe (43 per cent).


Gulf Today
5 hours ago
- Gulf Today
Michael Jordan's 23XI Racing charter in jeopardy after court ruling
A United States appeals court on Thursday vacated a preliminary injunction that allowed Michael Jordan's 23XI Racing and another NASCAR team to be treated as chartered teams, putting the teams' futures in NASCAR in question. 23XI Racing -- whose owners include Jordan and NASCAR driver Denny Hamlin -- and Front Row Motorsports refused to sign a take-it-or-leave-it charter agreement NASCAR presented in September, while the other 13 organizations in the Cup Series proceeded to sign. The two holdouts filed an antitrust lawsuit against NASCAR the following month. In December, U.S. District Judge Kenneth D. Bell granted the teams' request for a preliminary injunction to be recognized as chartered teams while their lawsuit was active. NASCAR slammed that decision and brought an appeal to the Fourth Circuit Court of Appeals in Richmond, Va. On Thursday, a three-judge panel unanimously ruled in NASCAR's favor and vacated the preliminary injunction. "In short, because we have found no support for the proposition that a business entity or person violates the antitrust laws by requiring a prospective participant to give a release for past conduct as a condition for doing business, we cannot conclude that the plaintiffs made a clear showing that they were likely to succeed on the merits of that theory," the decision read in part. "And without satisfaction of the likelihood-of-success element, the plaintiffs were not entitled to a preliminary injunction. ... We therefore conclude that the district court abused its discretion in entering the preliminary injunction that it did." 23XI Racing and Front Row are still allowed to compete in the Cup Series, but having charter status guarantees them automatic spots in races and they would earn more money with a charter than as "open" teams. An open team must qualify their way into each race. They can also file for a petition for rehearing. Reuters

The National
6 hours ago
- The National
King Abdullah II leads tributes as Jordan celebrate historic World Cup qualification
Ali Olwan nets hat-trick in 3-0 win over Oman to seal place at 2026 tournament in US, Canada and Mexico Jordan's King Abdullah II led the tributes as his nation celebrated reaching the Fifa World Cup for the first time in their history. Ali Olwan was the hero for the Jordanians as he netted a hat-trick in a 3-0 win over Oman in Muscat on Thursday night. The jubilant away supporters were joined by Crown Prince Hussein, who was seen celebrating in the stands. The win put the 2023 Asian Cup runners-up into a commanding position to secure a top-two finish in AFC qualifying Group B behind leaders South Korea, and their progress was confirmed a few hours later when the Koreans beat Iraq 2-0 in Basra. Jordan's King Abdullah II congratulated the team on social media. 'This historic qualification is well-deserved by our team, which includes stars and cadres of whom we are proud,' he wrote on X. 'Special thanks go to our loyal fans who have been our support and encouragement.' Jordan's qualification for the expanded 48-team tournament in the USA, Canada and Mexico extends a rewarding period for the national team after their run to the Asian Cup final in 2023. In that competition they eliminated South Korea in the last four before eventually losing to hosts Qatar in the final. The South Koreans cemented top spot in AFC Group B and consigned Iraq to another round of qualifying with a routine victory at the Basra International Stadium. The Iraqi cause was not helped by a first-half red card for Ipswich striker Ali Al Hamadi and goals after the break from Kim Jin-gyu and Oh Hyeon-gyu confirmed their defeat. The Iraqis will drop into the fourth round of qualifying where they will be joined by either Palestine or Oman who meet next week in a winner-takes-all clash. Palestine kept their hopes alive with a 2-0 win over Kuwait on Thursday thanks to goals from Tamer Seyam and Wessam Abou Ali. The six teams who finish third and fourth across the three AFC groups will enter a fresh phase of qualifying featuring two groups of three with the winners of each section sealing a place at the finals. Four of the six teams – UAE, Qatar, Indonesia and Iraq – are already known, with most likely Saudi Arabia and one of Palestine and Oman to complete the line up. Saudi Arabia alive but face steep task Saudi Arabia and Australia will go head-to-head next Tuesday for the second automatic spot in Group C. Australia remain in pole position following their last-gasp win against group leaders Japan in Perth. Defender Aziz Behich was the home hero in front of more than 57,000 fans, rifling into the corner in the 90th minute to give Tony Popovic's side a crucial 1-0 victory. 'We know there's room to grow and room to improve, but we've done something special tonight,' said Popovic, who saw his team outplayed for long periods by an experimental Japan side. Saudi Arabia ensured the race for second place will go down to the wire courtesy of a 2-0 win against Bahrain in Riffa. Goals in either half from Musab Al Juwayr and Abdulrahman Al Obud saw Herve Renard's men stay three points behind second-placed Australia. However, the Saudis will have to win in Jeddah by five goals to leapfrog the Socceroos. Popovic, who replaced Graham Arnold in the dugout in September, added: 'We've all played a part in getting us to this point. We want to go to Saudi Arabia and really finish the job off.' Also in Group C, Patrick Kluivert's Indonesia kept alive their hopes of reaching a first World Cup since the country's independence in 1945 with a 1-0 win over China. That leaves Indonesia fourth in the group, one point behind Saudi. Ole Romeny scored the only goal, his controversial penalty just before half time following a VAR check leaving China rooted to the bottom of the group and thus ending their hopes of making a second World Cup. In Group A, Iran and Uzbekistan confirmed qualification while the UAE and Qatar will move into the next round of qualifying.