Jordan Kuwait Bank, in partnership with Bank of Baghdad, served as a diamond sponsor for the “Investment and Finance Conference- towards a Sustainable Digital Future”. The conference, held under the patronage of Prime Minister Dr. Jafar Hassan, was attended on his behalf by Minister of State for Economic Affairs, His Excellency Muhannad Shehadeh, along with Dr. Ali Al-Alaq, Governor of the Central Bank of Iraq. The event took place on Sunday, February 16, at Le Royal Hotel in Amman.
Jordan Kuwait Bank’s sponsorship reflects its strong commitment to supporting the national economy and driving investment growth, particularly in key sectors that form the foundation for sustainable development. The conference brought together leading businessmen, investors from Jordan, Iraq, and the wider region, as well as representatives from major financial and economic institutions, with the goal of fostering economic integration and opening new avenues for investment cooperation between the two countries.
Organized in partnership with the Iraqi Business Council, in collaboration with the Jordan and Amman Chambers of Industry, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA)—both part of the World Bank Group—the conference served as a key platform for showcasing promising investment opportunities between Jordan and Iraq. It focused on key sectors such as transport, housing and infrastructure, energy and renewable energy, industry and mining, the financial and banking sector, and telecommunications and IT.
Minister of Economic Affairs, Muhannad Shehadeh, emphasized that the conference aligns with His Majesty King Abdullah II’s vision of advancing economic integration and strengthening cooperation between Jordan and Iraq, particularly in investment, trade, and industry. He highlighted that hosting the event under the Prime Minister’s patronage, with participation from both local and international financial institutions, demonstrates a shared commitment to driving sustainable economic development through strategic investments and partnerships that serve the interests of both nations and future generations.
Dr. Majid Al-Sadi, President of the Iraqi Business Council in Jordan, noted that the conference aimed to further discussions on investment diversification and the establishment of integrated economic relations between the two countries, particularly in light of regional challenges. He stated, “We are looking forward to Iraq’s reconstruction projects across all sectors, as well as development initiatives throughout the region.” He stressed that these projects would create significant opportunities for Iraqi and Jordanian investors.
Zuhdi Al-Jayousi, Chief Banking Officer at Jordan Kuwait Bank, underscored the importance of supporting initiatives that strengthen regional economic cooperation. He stated, “At Jordan Kuwait Bank, we believe in fostering strategic partnerships between Jordan and Iraq and supporting efforts to explore investment opportunities that drive sustainable development. This conference provides a valuable platform for dialogue between government entities, the private sector, and financial institutions, helping to enhance the business environment and unlock new investment opportunities."
Basil Al-Dhahi, CEO and Managing Director of Bank of Baghdad, expressed his pride in participating in the event, noting that “Strengthening economic integration between Jordan and Iraq is a vital step toward achieving sustainable growth in the region. We are committed to supporting investments that generate mutual benefits for both countries.”
The conference attracted a distinguished group of local and international investors, business leaders, and representatives from economic and financial institutions. It provided an excellent opportunity for networking, knowledge exchange, and strengthening trade and investment ties between participating nations. By facilitating dialogue and collaboration, the event contributed to the advancement of regional infrastructure and the attraction of foreign and regional investments.
