Improving transport services was a central component in the new government’s letter of designation and policy statement. Could this provide the sector with much-needed new momentum? Ever since he took office following the recent anti-austerity protests, Prime Minister Omar Razzaz…
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…
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…
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…
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…
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 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…
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…
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…
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…