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…
Last year Sharjah-based low-cost carrier Air Arabia made Amman its fifth hub through a 49 percent acquisition of Petra Airlines, which was then relaunched as Air Arabia Jordan. On the sidelines of the recent Arab Aviation and Media Summit in…
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…
These are tough times for our region’s hotels, but Mövenpick is still gaining ground. By Dina al Wakeel Tourism in our part of the world is far from being in rude health. Instability has scared many foreign tourists away, leaving…
David Ignatius, the celebrated associate editor and columnist at the Washington Post, visited the Columbia Global Centers, Middle East in Amman last month to speak about US foreign policy and the crisis in the region. Ignatius has spent around 35…
Standard & Poor’s (S&P) returned Jordan to a stable outlook, almost three years after lowering its ‘BB-/B’ status to negative amid economical and political regional instability. The international rating agency expects the deterioration in the country’s fiscal and external balances…
It’s tempting to try to ignore the regional turmoil that’s fast becoming an existential threat to Jordan. But we have to face up to it. Postscript- Osama Al-Sharif We’re hosting over a million Syrians who fled the brutal civil war…
Editor’s letter Dina al-Wakeel While Jordan has so far thankfully managed to insulate itself from the violence engulfing its neighbors, the Kingdom’s economy has still taken a hit. According to sources, exports to Iraq, Jordan’s number one trading partner, dropped…
Instability in the region continues to seriously disrupt Jordan’s trade with its neighbors. Exports from Jordan’s free zones to the Iraqi market, which usually accounts for 60 to 65 percent, have plunged to 20 percent since July as IS militants…