Category: Economy

refugee crisis

Omar Razzaz, Agility is the Answer

To successfully overcome the challenges ahead, Omar Razzaz and his new government will need to move quickly and transparently. A new government headed by Omar Razzaz was established recently. The administration’s main motto is agility. This means it will focus…

forecasts

Economic Forecasts and Predicting Growth

While certainly useful, economic forecasts shouldn’t distract decision makers from pursuing sound economic strategies. In a recent report, the World Bank Monitor said Jordan’s maximum real growth this year was unlikely to exceed 2.4 percent. While the average outlook over…

direct investment

Finding foreign direct investment

Jordan needs to do much more to attract much-needed foreign direct investment (FDI.) Here’s how to generate investor interest.  It will come as a surprise to no one to learn the UAE is the largest landing hub for foreign direct…

refugee crisis

A streamlined approach to tackling Jordan’s economic challenges

Last month’s cabinet reshuffle seems to finally acknowledge that tackling Jordan’s big economic challenges will require focused and unified strategizing. By Khalid W. Wazani One of the most important changes to occur in the latest cabinet reshuffle was the appointment…

real growth

Reasons for Cheer in 2018

After a decade or so in the doldrums, things are finally looking up for Jordan’s economy. Evidence from both the global and regional arena warrant saying that Jordan is moving towards a growth cycle, leaving the bottleneck of the last…

tax

Tax Evasion Crackdown

Jordan is tackling its budget deficit by going after tax dodgers as well as reducing the basket of goods covered by subsidies. At the beginning of October, Prime Minister Hani al Mulki said new changes to the Kingdom’s tax code would…

refugee crisis

Jordan’s Knowledge Scorecard

An important new global knowledge index highlights the areas where Jordan is excelling and struggling. According to the first edition of the Global Knowledge Index (GKI), which was recently set up by the Mohammed Bin Rashid Al Maktoum Knowledge Foundation…

national drive

Jordan Targets Small Business Growth

A national drive to boost support for Jordan’s SMEs is gaining pace, spearheaded by increased access to finance and plans to garner a more business-friendly operating environment. In June the World Bank and the Central Bank of Jordan (CBJ) announced…

refugee crisis

Countdown to NEOM

Saudi Arabia’s planned $500 billion NEOM mega-city could easily become one of the most important economic development projects in the MENA region. And Jordan would have an important part in making it a success. The wildly ambitious NEOM business and…