Category: Economy

Jordan's new exchange

Jordan Looks to Reinvigorate Trading With a New Exchange

Jordan has launched a new over-the-counter (OTC) exchange as part of a series of initiatives to boost the competitiveness of the Kingdom’s capital markets. Jordan’s new OTC exchange is a by-product of two sets of regulations enacted earlier this year—the…

New Trade Deal to Boost Exports to EU

Jordanian exports to Europe are expected to rise following a newly-inked deal that relaxes rules of origin requirements. A new trade agreement between Jordan and the EU, which is based around relaxed rules of origin rules, will enable industries in…

real growth

Brand New Parliament, Same Old Challenges

When they’re sworn in later this month, Jordan’s newly-elected parliamentarians will face the same economic problems that bedeviled their predecessors. By Khalid W. Wazani By the end of this month a new parliament will be starting a new chapter in…

real growth

The Next Budget

With its 2017 budget, the government has a golden opportunity to break with the past and present us with a more studied and transparent roadmap for our immediate economic future. The government is no doubt busy preparing its budget for…

Jordan on Track to Meet Renewables Target

The expansion of Jordan’s renewable energy sector has seen a marked acceleration in recent years. Nearly 1,000 MW of solar and wind projects are currently being implemented across Jordan. These developments dovetail with a national strategy aimed at raising the…

real growth

Cutting the IMF Chord

Having just signed up to yet another IMF assistance program, isn’t it about time we began relying less on the international lender and more on our own government to tackle deep-rooted economic problems? It took Jordan almost 16 years to…

capitaliam

Remembering ‘The Greatest’

We can all learn a great deal from the way the late Muhammad Ali lived his life. By Osama Al Sharif I met Muhammad Ali, briefly, when I was a boy of eight in Doha in 1968. He was visiting…

Providing SMEs with finance

Facilitating Finance

Jordan is intensifying efforts to provide support for startups and SMEs by easing access to financing. Despite some continued obstacles to obtaining conventional bank finance, rising public and private investment in tech companies is contributing to a growing optimistic outlook…

real growth

Please, No More Stop-Gap Governments

If we are about to get another government sworn in, let’s at least have it filled with genuinely reform-minded experts who can tackle the long-ignored challenges facing our economy. By Khalid W. Wazani By the time this article sees the…

Aviation Sector in Jordan

Aviation Sector Aims for New Heights

Increasing capacity in Jordan’s aviation sector could hold the key to growing the tourism sector and improving inter-regional connectivity over the next five years. Annual passenger traffic through Jordan is expected to double to more than 15 million by 2034,…