Still comprising a small portion of the financial services sector, Islamic finance is set to play a much bigger role in Jordan’s economic development by supporting financial services diversification and offering a potential solution to limited credit access and excess liquidity.
Jordan has made significant progress in preserving macroeconomic stability and reducing the fiscal deficit in the past few years. However, on the back of continued efforts by the government to fulfil the stipulations of the $723m extended fund facility agreement with the IMF, the government may need to pursue more widespread reforms to...
Since October 2016 Jordan’s King Abdullah II bin Al Hussein has spearheaded a series of reforms aimed at building a more effective and efficient judicial system. Reforms are expected to promote civil rights, boost the efficiency of the courts and strengthen the rule of law, which King Abdullah II described as an “essential requirement for a...
The rapidly evolving financial technology (fintech) industry is emerging as one of the most vibrant segments of the global financial services sector, collecting over $22bn in investment in 2015 – a figure that is expected to grow exponentially. The usefully disruptive effect of new products and services has raised competition levels and...
LANGUAGE & PEOPLE: The people of Jordan are renowned for their hospitality and friendliness. Most people will go out of their way to assist visitors, and making friends with local Jordanians is relatively easy. Arabic is the country’s official language, though English is also widely used. Street...
AMMAN ROTANA Al Sawoana Al Sawoda Street, Abdali PO Box 926111 Amman 11190 T: (+962) 6520 8888 F: (+962) 6520 8800 www.rotana.com/rotanahotelandresorts Rooms: 412 rooms and suites. Business & Conference Facilities: 9 meeting rooms and The Monarch Ballroom, which are equipped with the latest audio-visual equipment. Health & Leisure...
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