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...
Despite facing considerable external and domestic headwinds, Jordan’s economy remains resilient, and growth projections for 2015 are positive, with the World Bank forecasting real GDP growth to come in at 2.5%. Over the past five years, the kingdom has been saddled by a rising energy bill and existing challenges have been exacerbated by...
With Jordan importing an estimated 97% of its energy needs, costing up to 40% of its annual budget in recent years, development of renewable energy has become a top priority for the kingdom, particularly wind and solar power, with Jordan’s dry, sunny climate and windswept northern and eastern regions offering the perfect locale for wind...
On the back of 2014, when a major expansion in mall supply was executed in Jordan’s capital city, Amman, the kingdom’s organised retail sector has continued to move forward. Meanwhile, sustained economic and population growth have also meant increasing demand. In the food and beverage segment, traditional retail has held its ground in a cost-...
The country boasts impressive levels of educational achievement, including nearly universal literacy and primary school enrolment, as well as high levels of university enrolment by regional standards. However, the sector does face challenges as well. These include what many argue is a mismatch between curricula and the needs of the country’s...
Producing a diverse range of industrial goods, from phosphates to processed food and packaging to steel billets, Jordan’s industrial sector is a mainstay of the nation’s economy. The country’s location, supported by myriad free trade agreements (FTAs) offering access to 1.5bn consumers, enables the kingdom to be a strategic trade route to many...
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