Jordan

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Although recently faced with lower activity, increased economic growth and new projects coming on-line could see demand rise in Jordan’s property market.

The Jordanian authorities have launched a new over-the-counter (OTC) exchange as part of a series of initiatives to boost the competitiveness of the kingdom’s capital markets.

The number of Jordanian exports to the European market is expected to rise following a newly inked deal with the EU that relaxes the rules of origin stipulations.

Several innovations in Jordan’s banking sector over the past two years have helped facilitate an increase in cashless transactions, including mobile payment services for bills, peer-to-peer lending for small businesses and other technology-enabled financial services.

The expansion of Jordan’s renewable energy segment has seen a marked acceleration in recent years, with nearly 1000 MW of solar and wind projects currently being implemented.

Jordan is intensifying efforts to provide support for start-ups and small and medium-sized enterprises (SMEs) by easing access to financing. 

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