Category: Investment

Jordan Moves to Kick-Start Growth and Pare Back Debt

Jordan Moves to Kick-Start Growth and Pare Back Debt

The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…

Renewable Energy

Green Investment Growth

Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…

free parking

Driving Demographics

We need to start considering what role demographic trends have to play in Jordan’s growing congestion problem. By Hazem Zureiqat When we talk about traffic congestion in Jordan, we tend to view it as a snapshot in time and refer…

Ayman Smadi

Ayman Smadi’s Transport Legacy

Amman’s outgoing transport chief Ayman Smadi represents a shining example of how a dedicated civil servant can make a positive difference to our everyday lives. GAM should ensure that the work he started progresses as planned. By Hazem Zureiqat Last month,…

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…

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…

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…

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,…