Category: Economy

Get on the Bus

Renewed work on a Bus Rapid Transit (BRT) system marks a positive development for Jordan, promising improved connectivity in and around the capital city. Jordan’s burgeoning and rapidly urbanizing population, estimated at nearly 7 million and expected to reach 8.5…

real growth

Budget Expectations

Whatever the government unveils in next year’s budget, policy makers should produce an economic blueprint that balances realism with ambition. By Khalid W. Wazani The government is due to unveil the details of its 2016 budget next month. The experience…

real growth

The Refugee Crisis: Don’t Forget Jordan

Europe’s refugee crisis shouldn’t blind the international community to the heavy economic toll the Syrian conflict is having on Jordan. By Khalid W. Wazani Two years ago, the Ministry of Planning and International Cooperation joined forces with the United Nations…

Iran Nuclear Deal Set to Boost Dubai Economy

Iran’s nuclear deal with world powers is expected to create a raft of trade and investment opportunities for Dubai, which is widely seen as Tehran’s stepping stone to global markets. Iran’s nuclear deal, announced on July 14, allows Tehran to…

Jordanian Property Buyers in Dubai: the Reality Behind the Stats

Even though the statistics show Jordanians are snapping up millions of dollars worth of Dubai real estate, it doesn’t mean cash is flooding out of Jordan to do so. By Jawad J. Abbassi Dubai’s property market has rebounded well from…

real growth

Where are the Women in the Workforce?

If we’re really serious about improving our economy over the long-term, many more women will have to join the workforce. By Khalid W. Wazani Although Jordan’s population is almost equally divided between males and females, women are substantially underrepresented in…

The 4G Fight Begins

With the recent issuance of a 4G license to Umniah, the battle for market share amongst Jordan’s big three mobile operators is set to get livelier than ever. Increased competition should prove a boon for consumers in terms faster Internet…

Agricultural laborers: Legalized serfdom

The rights enshrined in Jordan’s labor and social security laws don’t apply to agricultural laborers. This aberration harms the sector and the country’s wider economy.    By Jawad J. Abbassi Unskilled agricultural workers in Jordan have very few rights. The Labor…

real growth

Economic Reform: Are We on the Right Track?

As the government has learned from its deal with the IMF, ill-conceived economic reforms can often do more harm than good. By Khalid Wazani Economic reform is a process that should be evolutionary not revolutionary, gradual not instantaneous, comprehensive not…

Dubai Metro: Mass Transit Done Right

2012 2013 2014 Q1 2014 Q1 2015 Dubai Metro Passengers 109,491,741 137,759,258 164,307,080 40,655,978 44,371,860 Growth 28,267,517 26,547,822 3,715,882 Growth (%) 26% 19% 9% Source: RTA annual report Dubai’s metro system has radically reduced the city’s congestion problems and secured…