With increasing demand in a number of segments, the insurance sector has some positive momentum and favourable growth prospects over the medium term. Still, rising claims and costs have been squeezing profits. With 28 providers and no clear market leader competition is fierce in a smaller market of 6m people.
With little room for expansion in the public sector, Jordan will depend on the private sector to drive growth in the coming years. Key to this will be enabling businesses to access finance at affordable rates. Although the conventional banking sector is often criticised for not providing enough financing to small and medium-sized enterprises (SMEs...
THE COMPANY: Specialised Investment Compounds (SIC) was established in 1994 and is a publicly listed firm with JD25.8m ($36.25m) in paid-in capital. Since inception, SIC has spun off a number of public and private enterprises to undertake a wide range of projects, primarily in industrial and commercial...
Jordan has a triumvirate of institutions responsible for running and overseeing its capital markets, and is known regionally for the stability of its institutions, consistency of its policies and its ability to implement sound regulatory processes. The Amman Stock Exchange (ASE) runs the market and is in charge of ensuring an efficient and secure...
In an increasingly competitive environment, Jordanian banks are embracing the latest internet and communication services to attract customers, deliver innovative products, protect client data and comply with new regulations. According to industry figures presented at the 2012 IQPC Banking Technology Summit in Amman, the kingdom’s banking sector has...
THE COMPANY: Siniora Food Industries (SNRA) traded on the Amman Stock Exchange for the first time on January 29, 2012. The name Siniora, however, has been a recognised brand in Palestine and Jordan for almost a century, and has been synonymous with cold meat products. SNRA established its first food-...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×