Despite having to contend with regional turmoil and significant domestic challenges, the IMF’s Mission Chief for Jordan believes the Kingdom’s economy will keep expanding in 2017. By Dina al-Wakeel It’s been a trying few years for Jordan’s economy. From raging…
The Amman Chamber of Commerce said the government’s recent decision to lower energy prices for businesses across several sectors should significantly boost their competitiveness and revenue. The chamber’s chairman, Issa Murad, welcomed the move, calling the high cost of energy…
What is it? Plunging oil prices since mid-2014 have pushed Saudi Arabia to produce Vision 2030, a far reaching reform plan unveiled earlier this year that aims to wean the kingdom’s economy off its reliance on oil, which the government…
With its 2017 budget, the government has a golden opportunity to break with the past and present us with a more studied and transparent roadmap for our immediate economic future. The government is no doubt busy preparing its budget for…
French oil giant Total is confident it can stay at the forefront of the far-reaching liberalization drive underway in Jordan’s fuel market. By Dina Al-Wakeel With the entrance of international companies like Total breaking the Jordan Petroleum Refinery Company’s (JPRC)…
Whatever the government unveils in next year’s budget, policy makers should produce an economic blueprint that balances realism with ambition. By Khalid W. Wazani The government is due to unveil the details of its 2016 budget next month. The experience…
Despite recent volatility, Dubai’s real estate sector is proving to be more resilient than ever. By Nader Museitif Everyone loves chatting about Dubai’s real estate sector, even those who don’t actually live in the city, which is now synonymous with…
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…