In the face of regional instability, high levels of debt and the cost of hosting hundreds of thousands of refugees, Jordan’s economy exhibited resilience this year, with prospects for even stronger growth in 2017 on the back of international support and wide-reaching reforms.
The development of sectors such as transport and energy is dependent on the use of modern technology, which is found mainly in the private sector. This is also dependent on the availability of guaranteed and continuous financing, which the public sector alone cannot sustain.
INVESTMENT LAW: The Investment Law No. 30 of 2014 (the Investment Law) sets out the legal framework to enhance, support and incentivise investments in Jordan. It also aims to unify legislation pertaining to investments in general, regardless of whether such investments are in development zones, free...
Over the past decade, Jordan’s business environment has experienced significant and rapid changes in terms of both its complexity and competitiveness in global markets. Increased demand for qualified labour, coupled with growing international competition for resources, have forced Jordanian businesses to remain flexible and become more...
Divestments are significant capital events whereby a company disposes of an asset or a business unit that it owns. While divestments have historically been associated with troubled assets or underperforming businesses, more companies are starting to consider divestment as a way to support growth. Divestments done correctly and for the right...
The education sector has been one of the cornerstones of Jordan’s development and the country has spent many years pursuing reforms to prepare the foundations of a knowledge economy. With a diverse mixture of state and private providers offering teaching from kindergarten through to higher education, the kingdom also has a number of...
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