AFAQ Economic Forum to kick off by May end

The 8th Jordan AFAQ Economic Forum will convene here in Amman later this month, with a major focus on the royal vision to attract more investment, hidden economy, banks and modern issues and their impact on the economy and other topics.

Participants will also discuss renewable energy in light of the drop in oil prices, banking secrecy standard and impediments to Arab investment and economic integration.

Economists said hosting the event for the eighth time in a row in Jordan indicates a great confidence in the Kingdom's economy, besides it shows that the event had made its way competently and formulated its own identity and gained high appreciation at the local and Arab levels.

Chairman of Afaq group, Khaldoun Nusair, told Petra that the forum will keep the wheels of the national economy moving, in light of the difficult global economic situation, which cast a shadow over local economy leading to a decline in exports and a rise in poverty and unemployment indicators.

The economic event will provide participants with the opportunity to discuss challenges and risks faced by various Arab sectors. It would also contribute to exchanging views on increasing investment cooperation among Arab countries, added Nusair.

Source: Petra