Jordan

Over the past year, Jordan’s local banking sector has shown a robust performance, with aggregate lending on the rise and net profits generally maintained across the board. Improvements in asset quality indicators suggest that the industry has turned a corner regarding the troublesome loans that have persisted since the global financial crisis, and a relatively upbeat...

Three of Jordan’s domestic banks operate on an exclusively Islamic basis, forming a vibrant sharia-compliant segment within a sector that is among the most well-established in the region. The Islamic finance industry in Jordan has come a long way in its 36-year history.

View contact details and general information for some of the leading hotels and resorts in Amman

The people of Jordan are renowned for their hospitality. Visitors will find it common to be greeted by the words, “Welcome to Jordan”. Most people go out of their way to assist visitors, and making friends with local Jordanians is relatively easy.

The privatisation of state companies is almost always a process fraught with competing concerns. However, while controversies attached to the sale of state assets are ubiquitous, Jordan is unique in the region in its assessment of its privatisation programme. The last year has seen the completion of a painstaking evaluation process of nearly 20 privatisation deals...

There are several reasons why external aid plays such an important role in Jordan’s economy. The country’s modest geographic footprint and dearth of natural resources are chief among them, as is Jordan’s position between Israel, Syria, Iraq and Saudi Arabia. There are myriad geopolitical reasons why regional and global donors have determined that a stable Jordan is...