CONTENTS JORDAN 2012:

Text size +-
Share

COUNTRY PROFILE Making progress: A highly educated population possesses the key to future development POLITICS Holding the centre: Amidst challenging times, the kingdom remains a regional focal point An exclusive club: GCC membership would benefit both parties Viewpoint: King Abdullah II The long spring: Unrest in the region has further underscored the importance of reform Interview: Nouri Al Maliki, Prime Minister of Iraq Interview: John Kerry, US Senator and Chairman, Senate Foreign Relations Committee Partners in peace: Working to resolve one of the region’s oldest conflicts ECONOMY Balancing priorities: Working to maintain growth in fiscally challenging times Extended reach: Strengthening international trade ties Interview: Awni Al Rushoud, Acting CEO, Jordan Investment Board Interview: Maen Nsour, Director-General, Social Security Corporation Time to review: Amended tax legislation should help reduce fiscal pressure A more competitive workforce: Building workers’ skills and attempting to increase employment Viewpoint: Umayya Toukan, Minister of Finance Neighbourly ties: Trade and investment between Jordan and Iraq are growing BANKING Steady returns: More sophisticated products are on offer from well-capitalised banks Interview: Ziad Fariz, Governor, Central Bank of Jordan Viewpoint: Kholoud Saqqaf, Executive Vice-President, Arab Bank Valuable credit: Facilitating a wider choice of financing options for small businesses Roundtable: Tarek Akel, CEO, Al Rajhi Bank; Iyad Ghasoub Asali, General Manager, Islamic International Arab Bank; Sami Al Afghani, CEO, Jordan Dubai Islamic Bank; Musa Shihadeh, Vice-Chairman and CEO, Jordan Islamic Bank Mobilising savings: A clearer regulatory framework would benefit the expanding Islamic banking sector The digital age: Boosting the use of technology in the sector is a priority CAPITAL MARKETS A turning point: Investors and institutions are preparing for the market to pick up Smarter regulation: Plans are under way to enhance the regulatory framework Interview: Samir Jaradat, CEO, Securities Depository Centre Interview: Adel Kasaji, CEO, AB Invest Financing opportunities: A new private equity fund is designed to help boost the growth of small and medium-sized enterprises Stocks & bonds: Share analysis & data provided by AB Invest Bank Al Etihad: Banking Jordan Cement Factories: Mining & Extraction Jordan Express Tourist Transport: Transport Jordan Steel: Mining & Extraction Siniora Food Industries: Food & Beverages Specialised Investment Compounds: Real Estate INSURANCE Broader, bigger, better: The sector is looking to diversify its offerings Worthwhile widening: Greater penetration and diversity are needed to keep profits up Interview: Othman M Bdeir, Chairman, Jordan Insurance Federation TRANSPORT & LOGISTICS Moving forward: Well-developed road and air networks compensate for a weak rail system Changing times: Government strategy and regulatory reform Interview: Ibrahim Naouri, Chairman, Naouri Group Interview: Kjeld Binger, CEO, Airport International Group ENERGY Plan of action: Preparations to meet increasing demand are under way Interview: Qutaibah Abu Qura, Former Minister of Energy and Mineral Resources Interview: Mike Weightman, Chairman, Regulatory Cooperation Forum; Chief Inspector, UK nuclear installations; and Executive Head, Office for Nuclear Regulation Searching for gas: Finding alternatives for imports has become a priority Power surge: A raft of foreign investment is set to boost generation capacity Interview: Christopher Morgan, Chairman, Karak International Oil Supporting security: Despite progress, much needs to be done to introduce nuclear power to the sector INDUSTRY & RETAIL A growth market: Increasing export levels and new free trade deals boost the sector in spite of difficult global conditions A vital contribution: Industrial estates and special zones provide a number of advantages Interview: Hatem Halawani, Chairman, Jordan Chamber of Industry Interview: Bashar Arafeh, Director and CEO, ePoints Cultivating the market: Higher prices and exports have helped to boost the potash industry Dressed for success: Trade deals make the garment segment a key contributor to exports Finding a niche: Hypermarkets and large shopping centres are growing in spite of reduced purchasing power AQABA A focus of development: Numerous projects look set to transform the city Filling in the gaps: Three major projects help to turn Aqaba into a centre for tourism Interview: Nasser Madadha, Chief Commissioner, Aqaba Special Economic Zone Authority, and Chairman of the Board, Aqaba Development Corporation New opportunities: Projects in a range of sectors are generating tenders and contracts CONSTRUCTION & REAL ESTATE Turning the tide: New regulations and regional cooperation pull the sector forward Big plans: Major projects advance despite limited funding Interview: Yahya Kisbi, Minister of Public Works and Housing Interview: Yousef Al Nowais, Managing Director, Al Maabar Playing to its strengths: Prudent development and business models keep the sector afloat IT & TELECOMS Programing potential: Rising penetration levels spur new focus on the sector A central server: The country is becoming a base for regional operations Interview: Basem Rousan, Former Minister of Information and Communications Technology Interview: Abdelmajeed Shamlawi, CEO, Information and Communications Technology Association of Jordan Mutual gains: The industry is looking to increase specialisation Interview: Usama Fayyad, Executive Chairman, OASIS 500 Interview: John Chambers, Chairman and CEO, Cisco Training initiatives: A new focus on human resources as the sector expands The right call: Mobile remains a sector highlight, while 3G access boosts demand The next generation: Introducing new data technology has caused several changes TOURISM Good things in small packages: Benefitting from a diverse offering, the sector is displaying signs of recovery amidst a difficult regional backdrop Interview: Nayef Al Fayez, Minister of Tourism and Antiquities Nature abounds: Ecotourism is one of the most promising growth niches Striking a balance: Developing the Dead Sea while keeping a close eye on environmental and ecological concerns EDUCATION Aiming higher: Efforts to align the system with the demands of the labour market Start-up support: Offering improved access to lending and fostering entrepreneurship Interview: Professor Labib Khadra, President, German-Jordanian University HEALTH A clean bill: One of the region’s top health sectors is looking to increase both efficiency and capacity Treating the region: Medical tourism attracts investment to the sector Interview: Dr Awni Al Bashir, President, Private Hospitals Association Interview: Raed Shadfan, CEO, Atlas Medical AGRICULTURE & WATER Looking to the future: Changes ahead for the both the export market and water supply Export ambitions: Global demand for high-quality olive oil creates new market potential Interview: Mousa Al Jamaani, Minister of Water and Irrigation Interview: Jean Louis Chaussade, CEO, Suez Environnement Investing in water: Boosting supply and enhancing delivery are top priorities MEDIA & ADVERTISING Making a name for itself: A greater focus on quality and technology should serve the sector well going forward Going digital: Rising internet penetration leads to a boom in online media consumption and a host of new opportunities Interview: Yousef Shamoun, CEO and Co-Founder, Akhtaboot A time of transition: Online and mobile segments have much potential, while print remains dominant for now TAX Ernst & Young Jordan & Iraq Benefits of investment: Business-friendly policies continue Viewpoint: Bishr Baker, Managing Partner, Ernst & Young Jordan & Iraq LEGAL FRAMEWORK Ali Sharif Zu’bi Advocates and Legal Consultants Encouraging foreign investors: Various incentives help international companies operate within the kingdom Viewpoint: Khaled Asfour, Managing Partner, Ali Sharif Zu’bi Advocates and Legal Consultants THE GUIDE A new wonder: Petra continues to draw in visitors 200 years after its rediscovery Rest and recuperate: Selected hotels Listings: Important numbers, including government agencies, embassies, and chambers of commerce and industry Facts for visitors: A quick overview of essentials for new arrivals in the kingdom

Share

You have reached the limit of premium articles you can view for free. 

Choose from the options below to purchase print or digital editions of our Reports. You can also purchase a website subscription giving you unlimited access to all of our Reports online for 12 months.

If you have already purchased this Report or have a website subscription, please login to continue.

Cover of The Report: Jordan 2012

The Report

This article is from the Table of Contents chapter of The Report: Jordan 2012. Explore other chapters from this report.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart