Latest news with #AbdulRahimBaqai
Jordan Times
19-05-2025
- Business
- Jordan Times
JBA, Welsh delegation discuss boosting trade, investment cooperation
Secretary-General of the Jordanian Businessmen Association Abdul Rahim Baqai on Monday meets with a Welsh government delegation to discuss boosting economic, trade and investment ties between Jordan and Wales (Petra photo) 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.
Jordan Times
26-03-2025
- Business
- Jordan Times
JPRC commits 5% of annual profits to support health, education
The Board of Directors of the Jordan Petroleum Refinery Company (JPRC) allocates a corporate social responsibility initiative to support the health and education sectors over the next three years (Petra photo) AMMAN — The Board of Directors of the Jordan Petroleum Refinery Company (JPRC) has allocated a corporate social responsibility initiative to support the health and education sectors over the next three years, allocating 5 per cent of the company's annual profits to the effort. JPRC Chairperson Abdul Rahim Baqai emphasised that the decision reflects the company's national commitment, highlighting investment in health and education as a strategic priority for fostering long-term stability and societal advancement, the Jordan News Agency, Petra, reported. Baqai noted that the initiative aligns with JPRC's broader efforts to promote sustainable development and strengthen community partnerships. He reaffirmed the company's dedication to launching impactful projects that enhance health and education services across the Kingdom. The announcement comes amid a series of corporate social responsibility commitments from major Jordanian companies. The Association of Banks in Jordan recently pledged JD90 million to support health and education initiatives, while the Jordan Phosphate Mines Company allocated JD40 million earlier this week. Speaking recently at the launch of the Jordan Phosphate Mines Company's initiative, Prime Minister Jafar Hassan stressed that corporate social responsibility should extend beyond donations and charity to include sustainable development policies that address national priorities and long-term challenges. He commended the private sector's role in driving development efforts and encouraged further institutional participation in national initiatives. Page 2
