Whilst not endowed with the energy riches of its neighbours, Jordan can count among its blessing several natural advantages in its burgeoning tourism industry. The kingdom offers sweeping desert landscapes, natural hot springs, the rejuvenating shores of the Dead Sea and beaches along the Gulf of Aqaba. This natural landscape is further dotted with numerous religious and...
Contributing some 14% to GDP, Jordan’s tourism sector is a powerhouse of the national economy, and employs roughly 6% of the country’s total workforce. In order to boost the industry, the Ministry of Tourism and Antiquities (MoTA), along with several private organisations, such as the Jordan Tourism Board (JTB), are seeking to attract investment, both local and foreign,...
When Pope Francis arrived in Jordan as part of a Holy Land visit in May 2014, he was bringing with him more than a message of peace. For Jordan’s tourism sector, the Pope’s visit can be seen as a cornerstone in a new push to attract a wide variety of religious tourists to the country. Every year roughly 90,000 tourists visit the baptism site of Jesus Christ, a 6-km strip...
As Jordan has expanded the global reach of its industrial sector over the years, the kingdom has also developed a range of industrial zones. These aim to give the companies based there important advantages when it comes to both exports and imports, while also aiming to attract more foreign direct investment, international companies and joint ventures. The kingdom is also...
The mainstay of much of Jordan’s economy – both in terms of contributions to GDP and employment of the kingdom’s citizens – the industrial sector faces a number of important challenges. Among these is the necessity to remain competitive, while also boosting the value-added nature of the sector’s products, all at a time of rising costs....
As a key pillar of Jordan’s economy, the potash and phosphate extraction industry and its related fertiliser business has faced challenging times recently. While global output and competition has hiked, power and water costs in the kingdom have also been on the rise, affecting profitability and competitiveness. These challenges have also had their upsides, as the sector...
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