UAE and Jordan ink MoU to cooperate in key sectors including renewables: The investment ministries of the UAE and Jordan have signed an MoU to cooperate in key sectors including infrastructure, renewable energy, industrial projects, and manufacturing, Wam reported last week. The investment potential in Jordan is around USD 2 bn, according to the UAE’s investment ministry. The Abu Dhabi Investment and Holding Company (ADQ) also signed an MoU with the Jordan Investment Fund to create a joint investment fund to boost sustainable development in Jordan.

AND- The US and UAE held an Economic Policy Dialogue to discuss trade relations between the two countries, according to a joint statement released last week. They continued critical discussions on energy transition, food and energy security, investment, health security, aerospace, women’s economic empowerment, and the digital economy. The UAE also called on the US to join the Mangrove Alliance for Climate, while the US encouraged the UAE to sign the Joint Statement on Cooperation on Global Supply Chains and proposed the signing of a Science and Technology Agreement between the two countries.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• An innovation corridor for Dubai: Dubai Chambers and the Hamburg Chamber of Commerce have signed an agreement to establish an “Innovation Corridor” between their markets. The initiative aims to support startups and companies offering innovative tech to achieve sustainable growth and expand into international markets. (Wam)
• Dewa and German delegation discuss cooperation on renewables: The Dubai Electricity and Water Authority (Dewa) and a German delegation discussed cooperation and exchanging expertise and best practices in clean and renewable energy. (Wam)
• Egypt and UNDP discuss water and climate issues: Egypt’s Water Resources and Irrigation Minister Hani Sewilam met with a delegate from the United Nations Development Program to explore cooperation on projects in flood protection and renewable energy. (Statement)
• Egypt + Singapore talk cooperation: Egypt's International Cooperation Minister Rania Al Mashat met with Singapore's Ambassador to Egypt Dominic Goh to discuss advancing cooperation in renewable energy, water treatment, infrastructure, and supporting Egypt’s Nexus of Water, Food and Energy program. (Statement)