Tag: Economy

Arab Bank Group first half 2021 net profits grow by 20%

Arab Bank Group reported net income after tax of $182.4 million as compared to $152.1 million for the same period last year, recording a growth of 20%. During the first quarter of 2021, Arab Bank consolidated the financial statements of…

covid

Opportunity in Crisis

The pre-Covid global economy evolved over centuries. Economic prosperity initially was based on natural wealth in the form of raw materials, fertile lands, water and population. This is referred to as economic comparative advantage. National wealth was created through trading…

New World Order

The Rise of Platforms and the New World Order

Fascism is a political system in which governments are directed and driven by economic interests. As such, the political entities which are governments, serve the narrow interests of a national ruling economic class, not the interests of their citizens, whom…

The Country

The Country Has A Task Ahead To Lure Global Investors

Jordanian Prime Minister Dr. Omar Al Razzaz, during his visit to the Ministry of Planning and international Cooperation in the first week of July, claimed that the financial support “represented in the direct loans and financial aid my country is…

US Largest Decline

US Personal Spending to Record Largest Decline since 1959

The entire Coronavirus crisis has severely hit economies all over the world. The United States is not an exception. Pandemic pushes US personal spending to record largest decline since 1959. Research by Finbold.com shows that the United States’ personal spending has significantly dropped…

Euromoney 2019: Jordan’s Economic Challenge

Euromoney Conferences has announced its sixth annual conference in Jordan to be held on Tuesday 2 July under the theme: Stability, Innovation and Transformation – Jordan’s Economic Challenge. Euromoney will be partnering with the Central Bank of Jordan as the…

EIB

EIB: BUILDING ECONOMIC RESILIENCE IN JORDAN

The European Investment Bank (EIB) aims to invest USD 1 billion during 2019-2020 Over four decades, the European Investment Bank has been supporting the Jordanian economy by investing in projects that make a difference in people’s life. The Bank financed…

economic

The Jordanian Economy: A Macroeconomic Narrative

By JORDAN STRATEGY FORUM Economic narrative: The population of Jordan, estimated at 10.05 million in 2017, is composed of Jordanians (6.96 million) and non-Jordanians (3.09 million). As commonly known, the Syrian civil war has resulted in a large influx of…