Tag: Economy

Cheap Oil: Boon or Bane?

Tumbling oil prices might be a double-edged sword for Jordan. By Yusuf Mansur Jordan, which imports 97 percent of its energy, and the wider Middle East are bound to feel the impact of falling oil prices soon. The price of…

Standard Chartered Upbeat on Economy

Standard Chartered dispatched some of its top regional analysts to Amman last month to brief its clients on the bank’s macro-economic outlook for Jordan and the wider region. Their overall assessment was fairly sunny, despite the obvious challenges that continue…

Why the Government Should Exit Royal Jordanian

Major efforts are underway to save RJ from financial ruin. If the government truly wants to help, it should consider selling its remaining stake in our embattled national carrier. By Jawad J. Abbassi RJ offers great service. It’s part of…

The Brotherhood’s Economic Plan

With the release of a 500-page manifesto aimed at solving Jordan’s economic problems, the Muslim Brotherhood wants to be known for more than just its efforts to Islamize the society. But how convincing is its economic vision? By Elisa Oddone…

Amman Stock Exchange: Boom to Bust

The madness of Jordan’s stock market gold rush is the focus of a new book by the celebrated economic journalist, Yousef Damra. By Sadad Talhouni The spectacular rise and fall of the Amman Stock Exchange is a fast-fading memory for…

EBRD: Jordan’s Long-term Development

The European Bank for Reconstruction and Development (EBRD) is fast shaping up to be a major supporter of Jordan’s economy, having sunk no less than $260 million into a variety of projects over the two years it’s been operating in…

Dealing with the Danger

It’s tempting to try to ignore the regional turmoil that’s fast becoming an existential threat to Jordan. But we have to face up to it. Postscript- Osama Al-Sharif We’re hosting over a million Syrians who fled the brutal civil war…

Jordan and the Iraqi Predicament

Editor’s letter Dina al-Wakeel While Jordan has so far thankfully managed to insulate itself from the violence engulfing its neighbors, the Kingdom’s economy has still taken a hit. According to sources, exports to Iraq, Jordan’s number one trading partner, dropped…

Which Economy Do We Want?

The dash to become a service-based economy shouldn’t come at the expense of developing our manufacturing sector. The Economist- Yusuf Mansur   Every now and then a government official with something to do with running the economy states that Jordan…

New US Ambassador Appointed

Alice G. Wells has been sworn in as the new US ambassador to Jordan, replacing Stuart E. Jones who held the pivotal diplomatic position for three years. This will be the first ambassadorial post for Wells, a career Foreign Service…