Jordan is tackling its budget deficit by going after tax dodgers as well as reducing the basket of goods covered by subsidies. At the beginning of October, Prime Minister Hani al Mulki said new changes to the Kingdom’s tax code would…
Jordan’s shocking suicide rate is a sign of a society in crisis. By Osama Al Sharif Between 2011 and 2016, Jordan’s suicide rates rose 300 percent. During last year alone, 117 people took their own lives: 91 men and 26…
Ignore the naysayers—Donald Trump’s economic plans will be good for the United States, Jordan, and the rest of the world. Say what you like about the man himself, but Donald Trump is moving into the White House with some progressive…
Jordan’s financial regulators need to undergo greater reform for the Kingdom’s capital markets to achieve their full potential, the European Bank for Reconstruction and Development (EBRD) said in a new strategy paper it produced in conjunction with the Jordan Securities…
Deloitte will present in a seminar on U.S. Individual Income Taxation hosted by the American Chamber of Commerce Bahrain (AmCham) on Tuesday, 23 February 2016. AmCham Bahrain is a member of the global network of American Chambers of Commerce working…
The rights enshrined in Jordan’s labor and social security laws don’t apply to agricultural laborers. This aberration harms the sector and the country’s wider economy. By Jawad J. Abbassi Unskilled agricultural workers in Jordan have very few rights. The Labor…
As the government has learned from its deal with the IMF, ill-conceived economic reforms can often do more harm than good. By Khalid Wazani Economic reform is a process that should be evolutionary not revolutionary, gradual not instantaneous, comprehensive not…
2012 2013 2014 Q1 2014 Q1 2015 Dubai Metro Passengers 109,491,741 137,759,258 164,307,080 40,655,978 44,371,860 Growth 28,267,517 26,547,822 3,715,882 Growth (%) 26% 19% 9% Source: RTA annual report Dubai’s metro system has radically reduced the city’s congestion problems and secured…
The ludicrously high garbage collection fees charged to struggling Petra hotels is just another example of the government’s myopic approach to raising revenue. By Yusuf Mansur On its website, the Petra Development and Tourism Region Authority describes itself as a…
The world’s richest 1 percent will own more than half of global wealth by next year, a report by anti-poverty charity Oxfam revealed. The richest 1 percent currently own 48 percent of all global wealth, Oxfam said. In 2016 that…