Jordan, UAE announce $110 million development financing package
Note: AI technology was used to generate this article’s audio.
Jordan and the UAE announced a new financing package worth around $110 million to support vital sectors in the Kingdom, including education, energy, and industry.
Prime Minister Jaafar Hassan met Wednesday at the Prime Ministry with Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development, and expressed Jordan’s appreciation for the UAE’s continued support for the Kingdom’s development efforts.
Al Suwaidi reaffirmed the fund’s commitment to supporting Jordan’s national priorities and development plans across various sectors.
رئيس الوزراء يستقبل مدير عام صندوق أبو ظبي للتَّنمية ويُعرِب عن تقدير الأردن لدولة الإمارات لدعمها جهود التَّنمية في المملكة في إطار الشَّراكة الاستراتيجيَّة التي تجمع البلدين الشَّقيقين.
— Prime Ministry of Jordan (@PrimeMinistry) August 26, 2026
التفاصيل: https://t.co/fJ8VSHsd6O pic.twitter.com/n5OOldz8Ha
The new financing package includes nearly $40 million to establish five technical and vocational schools in Amman, Mafraq, Jerash, and Irbid. The schools aim to strengthen vocational education, equip young people with job-ready skills, and meet local labor market needs.
The package also includes $70 million for two strategic natural gas projects serving Al-Rawda Industrial City in Ma’an and Al-Muwaqqar Industrial City. The projects are intended to reduce energy costs for national industries and improve their competitiveness.
Technical studies will also be conducted to assess supplying the King Hussein Development Area in Mafraq with natural gas.
The Abu Dhabi Fund for Development has provided Jordan with around $1 billion in financing over the past five years, including $300 million in new support for the Kingdom’s public budget.
The initiatives are expected to further strengthen economic cooperation between Jordan and the UAE and support sustainable development and shared economic interests.
