Tag: Oxford Business Group

economy

Upbeat Outlook for Jordan’s Economy

The Kingdom’s economy performed well last year despite regional unrest, and its upward trajectory looks set to continue in 2016. Steady reform and targeted growth bolstered investor confidence in Jordan’s economy in 2015, as weaker oil prices helped support a…

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…

Get on the Bus

Renewed work on a Bus Rapid Transit (BRT) system marks a positive development for Jordan, promising improved connectivity in and around the capital city. Jordan’s burgeoning and rapidly urbanizing population, estimated at nearly 7 million and expected to reach 8.5…

OBG on Subsidy Cuts: Light at the End of the Tunnel?

They’ve been painful, but there are signs subsidy cuts may have started to bear fruit. The Jordanian government’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of…

OBG: Regional Volatility Hits Tourism

A concerted drive is underway to reinvigorate Jordan’s important tourism sector that has been shaken hard by regional instability. Jordan’s all-important tourism sector is having a rough time of late. According to the Jordan Tourism Board (JTB), the number of…

Sukuk Market Set for Lift-Off

With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…

New Investment Law to Be Focus of Jordan Report

Jordan’s efforts to enhance its investment environment through new legislation will be given wide-ranging coverage in a forthcoming report to be produced by the global publishing firm, Oxford Business Group (OBG). The Report: Jordan 2015 will look in detail at…