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King, Kuwait emir discuss ties, regional challenges

By JT - Feb 29,2016 - Last updated at Feb 29,2016

AMMAN — His Majesty King Abdullah on Monday received a telephone call from Kuwait Emir Sheikh Sabah Al Ahmad Al Jaber Al Sabah and stressed the "deep-rooted" relations between the two countries.

King Abdullah stressed that Jordan appreciates Kuwait's stands towards the Kingdom under all circumstances, according to a Royal Court statement. 

Sheikh Sabah expressed his pride in the "advanced level" of ties between Kuwait and Jordan.

The telephone conversation also addressed the latest developments in the Middle East, with both leaders voicing keenness to sustain cooperation and coordination to respond to the regional events in a way that serves Jordanian-Kuwaiti mutual interests and enhances Arab solidarity in the face of these challenges, the statement added.

In related developments, the Kuwait-based Arab Fund for Economic and Social Development has extended a $100 million loan to the government, which will re-lend the funds to small- and medium-sized enterprises to stimulate economy

 

The volume of Kuwaiti investments in Jordan has exceed $12 billion, spreading across various sectors, according to official figures. 

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