Binding the Ties that Bind - Regional Programme Gulf States
Asset Publisher
Dimitris Vetsikas from Pixabay
Policy Reports
Binding the Ties that Bind
by
Nicolas Reeves
Commercial Banks and Political-Economic Links between Saudi Arabia and Jordan
The policy report examines the economic ties between Saudi Arabia and Jordan, focusing on the role of commercial banks as crucial intermediaries. It discusses how Saudi investments, ownership stakes, and loans through Jordanian banks facilitate the flow of Saudi capital into various sectors in Jordan, including real estate. The report emphasises that these financial connections extend beyond governments, involving businesses and citizens, and strengthen the political relationship between the two countries. This intricate web of financial interactions demonstrates the significance of Saudi Arabia's influence on Jordan's economy and society, reaching into everyday life.