Jordan's King Abdullah II and Queen Rania met Pope Francis at the Vatican on Thursday, days after the pontiff returned from his first visit to Bahrain.
They discussed "the need to sustain interfaith dialogue, promote coexistence and protect the Christian presence in the region", Jordan's Royal Hashemite Court said.
More than 114,000 Catholics live in the kingdom, making up about 1.9 per cent of the population.
Queen Rania wore a loosely draped sheer headscarf over a black dress with white cuffs and detailing, meeting Vatican protocol for women who have an audience with the Pope.
King Abdullah also met Secretary of State of the Holy See Cardinal Pietro Parolin for talks on the Palestinian-Israeli conflict and coexistence in the region.
The Pope visited Jordan in 2014. He held a Mass for 1,400 people in Amman International Stadium after meeting King Abullah at Al Hussein Royal Palace.
The pontiff later travelled to Bethlehem and Jerusalem.

The king's visit to the Vatican came days after Pope Francis concluded a four-day trip to Bahrain, where he met members of the nation's Catholic community and held talks with Muslim religious leaders.
King Abdullah also met the UK's King Charles III on Thursday at London's Buckingham Palace.
Papal visits to the Middle East - in pictures
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Pope Paul VI (Giovanni Montini) with King Hussein during a papal visit to Jordan in January 1964. Getty Images -

Pope Paul VI, centre, visits the Church of the Multiplication of Loaves and Fishes in Taghba, lower Galilee, on January 5, 1964. AFP -

Pope John Paul II (Karol Wojtyla) and Patriarch Athenagoras of Istanbul meet in Turkey in December 1979. Getty Images -

On May 11, 1997, Pope John Paul II held a Mass on Beirut seafront during his visit to Lebanon. AFP -
Pope John Paul II and Pope Shenouda III of the Coptic Orthodox Church at an ecumenical service at Our Lady of Egypt Cathedral in Cairo on February 25, 2000. Pope John Paul made a three-day trip to Egypt that year. Reuters PH/WS -

Pope John Paul ll greets Muslims and Christians at the entrance to the Omayyad Mosque in Damascus, Syria, on May 6, 2001. The meeting with Muslim scholars meant John Paul became the first pope on record to set foot inside a mosque. Photo: Newsmakers -

Pope Benedict XVI (Joseph Ratzinger) is welcomed by Mustafa Cagrici, left, Mufti of Istanbul, and imam Emrullah Hatipoglu, right, as he arrives at the Blue Mosque in Istanbul on November 30, 2006. Getty Images -
Pope Benedict XVI waves as he arrives in Harissa, near Beirut, for a meeting with youths during his visit to Lebanon on September 15, 2012. Reuters -

The landmark visit of Pope Francis (Jorge Mario Bergoglio) to Abu Dhabi in February 2019 was broadcast around the world. Victor Besa / The National -
Pope Francis holds a Mass at Franso Hariri Stadium in Erbil, Iraq, on March 7, 2021. Reuters
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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