Page 260 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/23/25, 11:45 AM New era unfolds between UAE, Jordan economic cooperation

New era unfolds between UAE,

Jordan economic cooperation

Last updated: May 14, 2025 | 21:24

A stunning view of Abu Dhabi, a key hub for global businesses and investors.

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates
and the Hashemite Kingdom of Jordan will officially come into effect today (Thursday), heralding a
new era of economic cooperation.

This landmark agreement is the first CEPA signed between the UAE and an Arab nation, aimed at
enhancing trade and investment ties, stimulating growth in key sectors, and empowering small and

medium-sized enterprises (SMEs).

With the CEPA entering into force today, the two nations aim to boost bilateral non-oil trade to over $8
billion by 2032. This follows impressive year-on-year growth between 2023 and 2024 of 34.1 per
cent, with non-oil trade between the two nations reaching approximately US$5.62 billion in 2024. This

https://www.gulftoday.ae/business/2025/05/14/new-era-unfolds-between-uae-jordan-economic-cooperation 1/5