Last Update 10:53
Friday, 17 August 2018

Qatar pledges 10,000 jobs, $500 mn in investment for Jordan

The announcement came two days after Qatar's rivals Saudi Arabia and the United Arab Emirates made a $2.5-billion pledge to Jordan in conjunction with Kuwait

AFP , Wednesday 13 Jun 2018
Share/Bookmark
Views: 1388
Share/Bookmark
Views: 1388

Qatar pledged Wednesday to create 10,000 jobs for Jordanians on the territory of the energy-rich Gulf state, as well as invest $500 million in the kingdom hit by anti-austerity protests.

The announcement came two days after Qatar's rivals Saudi Arabia and the United Arab Emirates made a $2.5-billion pledge to Jordan in conjunction with Kuwait.

Qatari Foreign Minister Sheikh Mohammed al-Thani visited Amman on Wednesday, where he met Jordan's King Abdullah II.

"Ten thousand jobs will be provided in Qatar to the Jordanian youth to help them achieve their aspirations and contribute to supporting the economy of their homeland," his ministry said in a statement.

The ministry also announced $500 million would be earmarked to support infrastructure and tourism projects in Jordan.

Mass protests against price rises and a proposed tax hike have rocked Jordan in recent days as the government pushes austerity measures to slash the country's debt in the face of an economic crisis.

The latest announcement by Doha also is indicative of the continuing Gulf political dispute, which has often manifested in competitions to maintain alliances in the region and beyond.

Jordan blames its economic woes on instability rocking the region and the burden of hosting hundreds of thousands of refugees from war-torn Syria, complaining it has not received enough international support.

The World Bank says Jordan has "weak growth prospects" this year, while 18.5 percent of the working age population is unemployed.

*The story was edited by Ahram Online

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.