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UAE, Egypt, Jordan, Bahrain sign 12 industrial agreements worth $2 billion

The third Higher Committee Meeting of the Industrial Partnership for Sustainable Economic Development wrapped up in Amman with 12 new agreements on industrial projects.

Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, Egyptian President Abdel Fattah El-Sisi and United Nations Secretary-General Antonio Guterres attend the Sharm El-Sheikh Climate Implementation Summit (SCIS) of the UNFCCC COP27 climate conference on November 07, 2022 in Sharm El Sheikh, Egypt. (Photo by Sean Gallup/Getty Images)
Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, Egyptian President Abdel Fattah El-Sisi and United Nations Secretary-General Antonio Guterres attend the Sharm El-Sheikh Climate Implementation Summit of the UNFCCC COP27 climate conference Nov. 7, 2022, in Sharm El Sheikh, Egypt. — Sean Gallup/Getty Images

DUBAI — Companies from the United Arab Emirates, Jordan, Egypt and Bahrain signed industrial agreements with an investment value of over $2 billion at the third Higher Committee Meeting of the Industrial Partnership for Sustainable Economic Development in Amman on Sunday. 

Twelve agreements were signed for nine industrial projects in agriculture, pharmaceuticals, metals, chemicals and electric vehicles, according to the governmental Jordan News Agency, Petra.

All together, the agreements and projects are expected to generate 13,000 job opportunities. 

In addition, 35 proposals for new projects were submitted to the executive committee to be considered for the future. There were selected from among 100 private companies that participated in workshops at the event.

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