Jordan

Centred on the capital, Amman, Jordan’s real estate sector experienced a largely stable 2016-17 period. Rents and sales prices registered marginal increases in the residential market, while there were slight declines in the commercial segment. Much of this was due to the higher growth and rapid development of recent years, which left a good...

In June 2015 the Ministry of Water and Irrigation (MoWI) launched the National Water Strategy (NWS) 2016-25, which aims to reduce costs and boost annual water supply by 550m cu metres through exploration, drilling and infrastructure investment. The Red Sea Dead Sea Conveyance (RSDS) project is one of the main projects under the plan; however,...

Macroeconomic growth hit a 25-year low in 2016 as ongoing regional volatility continued to constrain trade, exports and investment. The Syrian refugee crisis has exacerbated existing pressures on fiscal stability and social infrastructure, while public debt has been on an upward trend as the government attempts to cover the costs associated...

The Port of Aqaba has long provided a gateway not only to Jordan but also to the wider region. Recent times have seen the port undergo a number of major modernisation and expansion schemes, with new facilities and more efficient systems now in place.

While most business activity is still concentrated in and around Amman, as Jordan’s only seaport city, Aqaba plays an important role in the economy. Since the decision to turn the coastal port city and its surroundings into a special economic zone was announced in 2001, its significance as an economic base and tourist destination has grown....

Dependent on imports and grappling with regional instability and major supply disruptions, Jordan’s energy sector has faced several challenging years. Rapid population growth, which includes the kingdom absorbing an estimated 1.3m Syrian refugees since 2011, has exacerbated existing water scarcity, especially in the northern region of Jordan...