Tag: GDP growth

adventure

Land of Adventure

Recently, the Adventure Travel Trade Association (ATTA) sponsored AdventureNEXT Near East, a conference dedicated to adventure tourism in the Middle East, with special focus on Jordan. Industry figures from around the world gathered at the Dead Sea to discuss the…

refugee crisis

Throwing Good Money After Bad

The IMF continues to provide Jordan with huge loans. But it will be for nothing if the country doesn’t face up to the real problems holding its economy back. Around four years ago, Jordan signed up to a long overdue…

refugee crisis

Empowering the Regions

All of Jordan’s governorates, not just Amman and Aqaba, hold huge economic potential. The challenge facing us is how to unleash it. By Khalid Wazani How bad is income inequality in Jordan? Is it fair to say its economy is…

Easing EU Exports

The EU says its new Rules of Origin agreement with Jordan will give the Kingdom’s exports a much-needed boost and help ease the impact of the Syrian refugee crisis.  By Dina Al Wakeel Hosting hundreds of thousands of Syrian refugees…

SMEs and the lack of financing

Lack of finance Chief Challenge Facing Companies – Report

Almost a third of Jordanian firms cited limited access to finance as the top obstacle to their operations, a recent report said. report, produced by the European Bank for Reconstruction and Development, the European Investment Bank, and the World Bank…

The World Bank

Jordan GDP to Hit 3 Percent in 2016 – World Bank

The World Bank said Jordan’s GDP should reach 3 percent in 2016, up from 2.4 percent in 2015, which was the slowest pace of growth in four years. In its latest MENA Economic Report, the bank said the rise in…

Feeling the Squeeze, Orange Comes Out Fighting

A revamped range of mobile packages is just one of the ways Orange Jordan CEO Jerome Henique is trying to stay ahead of the competition amidst tougher than ever trading conditions. By Laith Abou-Ragheb As well as spending millions of…

What Cheap Oil Means for Us

On paper, record low oil prices should prove to be an economic bonanza for an emerging market energy importer like Jordan. But what’s the reality? By Dina al-Wakeel In 2011, just when it was trying to get back on its…

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…

GDP to Grow 4 Percent in 2015 – QNB

Despite a difficult regional context, the Qatar National Bank (QNB) Group said it expected Jordan’s real GDP growth to reach 4 percent over 2015, accelerate to 4.3 percent in 2016, and 4.5 percent in 2017. Jordan’s economy would continue to…