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Meridiam to increase its investments in Jordan
By JT - Jan 23,2018 - Last updated at Jan 23,2018
AMMAN — His Majesty King Abdullah on Tuesday met with Meridiam’s CEO Thierry Déau in Davos and discussed the investment opportunities offered by Jordan’s economy.
Déau said Meridiam has invested $200 million in the Queen Alia International Airport, as well as $50 million in Jordan’s water sector, stressing that the fund seeks to increase its investments in the Kingdom.
Noting Jordan’s stability from an economic and security-related perspective, Meridiam’s CEO said the Kingdom boasts a promising investment climate, with plenty of opportunities that can be seized.
Established in 2005, Meridiam serves as an umbrella for a number of European banks and companies.
Director of the Office of His Majesty Jafar Hassan and Minister of State for Investment Affairs Muhannad Shehadeh attended the meeting.
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