Tag: Economy

protests

Where Do We Go From Here?

Following a wave of protests over IMF-driven austerity measures, the need to find a path out of Jordan’s economic morass has taken on a new urgency. By Dina Al Wakeel Photography by Ala’a Al Sukhni  A western diplomat perfectly summed…

capital spending

Exports and Capital Spending Key to Growth – Report

Jordan needs to focus on boosting exports and capital spending if it wants to achieve strong and sustainable growth, according to a new report by the Jordan Strategy Forum (JSF) think tank. The report analyzed the relationships between capital spending…

refugee crisis

We Need a Time Out on Taxes

Further taxes and tax rises will only exacerbate the grave economic problems facing Jordan. During the mid-1970s and early 1980s, it was widely believed that Jordan suffered from the Dutch Disease, in that it had a strong currency but a…

CFA Society

CFA Society, the gold standard in the financial services industry

You may have seen the CFA letters at the end of names of people you have dealt with professionally, but do you know what they stand for? The Chartered Financial Analyst® (CFA) credential is held by over 150,000 professionals around…

investor interest

Capturing Investor Interest

The man responsible for boosting investor interest in Jordan is confident more FDI is on the way. According to the Central Bank of Jordan (CBJ), foreign direct investment in the Kingdom increased by 7.2 percent in 2017, reaching JD1,182 billion,…

Yahsat Delivers

Yahsat was founded in 2007 with a mission to connect people through satellite communications at an affordable price. “Social equality and economic security cannot be achieved without effective and affordable communication,” said Najat Abdulrahman, Executive Vice President of Global Strategic…

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…

international airport

Airport Operator Acquisition of Queen Alia International Airport

Aéroports de Paris has big plans for Jordan’s aviation sector after acquiring a controlling stake in the operator of Queen Alia International Airport. Groupe Aéroports de Paris (ADP) recently announced it has spent $265 million to buy a majority 51…

Green City

EBRD Partners With GAM to Make Amman a Green City

The European Bank for Reconstruction and Development has signed a memorandum of understanding with the Greater Amman Municipality to fund projects that aim to ensure the capital’s sustainable growth. Under the agreement, which was signed by Amman’s Mayor Yousef al Shawarbeh…

strike

Professional Associations Strike Against Changes to Income Tax Law

Thousands from thirty-three associations and unions took part in a strike against the proposed modifications to the income tax law today. The main associations who joined the strike include doctors, engineers, journalists, teachers, lawyers, and pharmacists who reject the draft law….