Jordan

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With a 4G licence recently awarded in Jordan and mobile operators rapidly rolling out new networks and services, increased competition is likely to boost connection and download speeds for consumers over the coming years. 

The arrival of the first liquefied natural gas (LNG) shipment from Qatar at Aqaba Port last month signalled a major step forward for Jordan’s energy sector, while also putting the country’s plans for developing transport infrastructure firmly in the spotlight.

Jordan’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of the kingdom’s public finances. 

A concerted drive is under way in Jordan to reinvigorate the important tourism sector that has been curtailed by regional instability. 

The Islamic debt market in Jordan is set to capitalise on growing worldwide interest in sukuk (sharia-compliant bonds) after long-awaited regulations allowing banks to issue and buy the financial instrument have been put in place, paving the way for a sovereign issuance.

Rising demand for power and disruptions to gas supplies from Egypt have left Jordan struggling to meet its energy requirements, with imports adding to the economic headache.

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