There were 186 results found for Jordan and Economy

There were 186 results found.

Analysis

Port upgrades and expansion programmes to support growth in Aqaba
OBG
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The Port of Aqaba has long provided a gateway not only to Jordan but also to the wider region. Recent times have seen the port undergo a number of major modernisation and expansion schemes, with new facilities and more efficient systems now in place. However, despite the upgrades, there is still room to streamline procedures and reduce bottlenecks. A lack of space is also a challenge, with plans for…

Analysis

Legal reforms in Jordan focus on the judicial branch, corruption and regional governments
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Since October 2016 Jordan’s King Abdullah II bin Al Hussein has spearheaded a series of reforms aimed at building a more effective and efficient judicial system. Reforms are expected to promote civil rights, boost the efficiency of the courts and strengthen the rule of law, which King Abdullah II described as an “essential requirement for a successful democratic transformation.” Additionally,…

Analysis

Tax reforms aim to bridge Jordan's budget deficit
OBG
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Jordan has made significant progress in preserving macroeconomic stability and reducing the fiscal deficit in the past few years. However, on the back of continued efforts by the government to fulfil the stipulations of the $723m extended fund facility agreement with the IMF, the government may need to pursue more widespread reforms to increase income tax revenues and limit tax avoidance if it is to…

Overview

Facts for visitors: Useful information for business and leisure travellers
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Language & People The people of Jordan are renowned for their hospitality and friendliness. Most people will go out of their way to assist visitors, and making friends with local Jordanians is relatively easy. Arabic is the country’s official language, though English is also widely used. Street signs and buildings are often labelled in both Arabic and English. Still, knowing some basic Arabic…

Overview

Traditions continue to shape modern-day Jordan
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The Hashemite Kingdom of Jordan is widely seen as a pillar of stability in a region that has been disrupted by conflict in recent years. Despite challenging surroundings, Jordan has managed to maintain efficient political workings and positive economic growth. As a country with scarce natural resources but a highly educated population, the kingdom aims to become a regional leader in sectors with significant…

Overview

Jordan's national strategy to reinvigorate economic growth
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Macroeconomic growth hit a 25-year low in 2016 as ongoing regional volatility continued to constrain trade, exports and investment. The Syrian refugee crisis has exacerbated existing pressures on fiscal stability and social infrastructure, while public debt has been on an upward trend as the government attempts to cover the costs associated with hosting over 657,000 refugees. However, 2016 may have…

Overview

Jordan's growing coastal city Aqaba continues to attract investment
OBG
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While most business activity is still concentrated in and around Amman, as Jordan’s only seaport city, Aqaba plays an important role in the economy. Since the decision to turn the coastal port city and its surroundings into a special economic zone was announced in 2001, its significance as an economic base and tourist destination has grown. Aqaba borders both Israel and Saudi Arabia, 360 km to the…

Overview

Beauty sleep:
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AMMAN ROTANA Al Sawoana Al Sawoda Street, Abdali PO Box 926111 Amman 11190 T: (+962) 6520 8888 F: (+962) 6520 8800 www.rotana.com/rotanahotelandresorts Rooms: 412 rooms and suites. Business & Conference Facilities: 9 meeting rooms and The Monarch Ballroom, which are equipped with the latest audio-visual equipment. Health & Leisure Facilities: Fitness centre, steam room, swimming pool and…

Overview

Jordan in brief:
OBG
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Significant progress in implementing an IMF-backed reform agenda in 2016 marked a turning point for the economy, helping Jordan reduce its budget deficit and bring GDP growth in constant prices from a 25-year low of 2% in 2016 to 2.2% the following year. While the latter figure was still below target, the Jordan Economic Growth Plan 2018-22 aims to put the country back on track towards meeting…

Overview

Turning a corner:
OBG
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Green practices and digital methods are in focus as Jordan moves ahead on a new mid-term economic development agenda with the aim of attracting new investment to support double-digit growth in manufacturing, electricity, water, transportation, ICT and construction. Combined with fiscal reforms, this strategy is expected to double GDP expansion by 2022, pushing the kingdom to become a regional leader…

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There were 186 results found for Jordan and Economy

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