Jordan and Saudi Arabia have launched a new business network designed to accelerate private-sector partnerships and strengthen trade and investment flows between the two countries.
The initiative was unveiled in Riyadh during a high-level economic gathering attended by senior executives, investors, and business leaders.
The Jordan–Saudi Business Network was launched by the Amman Chamber of Commerce in cooperation with the Jordanian Embassy in Saudi Arabia, according to the Jordan News Agency, Petra.
The next phase will focus on establishing specialized sectoral committees, hosting regular business forums, and implementing structured follow-up on joint initiatives in coordination with public and private stakeholders in both countries.
Saudi Arabia is Jordan’s largest Arab trading partner and its third-largest trading partner globally. Bilateral trade exceeds $5 billion, while cumulative investments between the two countries surpassed $24 billion as of 2024.
Khalil Al-Hajj Tawfiq, chairman of the Amman Chamber of Commerce, said the network represents a shift from traditional economic engagement to a more structured, data-driven, and results-oriented cooperation model.
He noted that the platform is intended to serve as a permanent institutional link between Jordanian and Saudi businesses, enabling direct engagement, faster deal-making, and more informed investment decisions.
Al-Hajj Tawfiq said the network will provide companies with reliable information on regulations, incentives, and investment opportunities, facilitate the entry of Jordanian products and services into the Saudi market, and support integration across regional supply chains.
He added that the initiative responds to market demand in Saudi Arabia while leveraging Jordan’s competitive strengths, particularly in food, construction, professional services, information technology, tourism, transport, and logistics.
The operating model includes sectoral committees, a digital matchmaking platform, periodic business meetings, an annual forum, and a dedicated business bulletin. The goal is to translate commercial opportunities into executable projects rather than symbolic cooperation.
Jordan’s Ambassador to Saudi Arabia, Haitham Abu Al-Foul, described the launch as a timely and strategic step toward institutionalizing economic engagement and expanding trade and investment cooperation.
He highlighted the strength of bilateral relations and praised the role of Jordanian professionals in Saudi Arabia, emphasizing their expertise and contributions across key economic sectors.
Mohammad Tahboub, secretary of the Amman Chamber of Commerce board, said the network will function as a flexible platform offering sector-specific data, investor matchmaking, and structured collaboration, helping companies integrate into value chains and turn ideas into viable projects.
The launch follows the Saudi–Jordanian Business Forum held a day earlier at the Federation of Saudi Chambers in Riyadh, which brought together around 200 companies and investors.
