Jordanian Prime Minister Dr. Omar Al Razzaz, during his visit to the Ministry of Planning and international Cooperation in the first week of July, claimed that the financial support “represented in the direct loans and financial aid my country is…
The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…
Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…
A newly launched roadmap for the development of Jordan’s ICT sector aims to attract capital inflows on the back of recent government moves to reduce the tax burden on companies operating in the industry. At last year’s MENA ICT Forum…
We need to start considering what role demographic trends have to play in Jordan’s growing congestion problem. By Hazem Zureiqat When we talk about traffic congestion in Jordan, we tend to view it as a snapshot in time and refer…
Amman’s outgoing transport chief Ayman Smadi represents a shining example of how a dedicated civil servant can make a positive difference to our everyday lives. GAM should ensure that the work he started progresses as planned. By Hazem Zureiqat Last month,…
Jordan has launched a new over-the-counter (OTC) exchange as part of a series of initiatives to boost the competitiveness of the Kingdom’s capital markets. Jordan’s new OTC exchange is a by-product of two sets of regulations enacted earlier this year—the…
Jordanian exports to Europe are expected to rise following a newly-inked deal that relaxes rules of origin requirements. A new trade agreement between Jordan and the EU, which is based around relaxed rules of origin rules, will enable industries in…
The expansion of Jordan’s renewable energy sector has seen a marked acceleration in recent years. Nearly 1,000 MW of solar and wind projects are currently being implemented across Jordan. These developments dovetail with a national strategy aimed at raising the…
Jordan is intensifying efforts to provide support for startups and SMEs by easing access to financing. Despite some continued obstacles to obtaining conventional bank finance, rising public and private investment in tech companies is contributing to a growing optimistic outlook…