Falling sales and rising costs are pushing segments of Jordan’s mining industry to broaden their client base and expand value-added activities.
Jordan
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The crisis in Syria is weighing heavily on the Jordanian economy. While the cost of supporting some 500,000 registered refugees is perhaps the most obvious challenge for a government with serious budget constraints, the impact of events across the border extends to multiple areas of the economy, from an increase in food prices to trade route disruptions.
Recent rate cuts and additional international funding should boost bank lending in Jordan, with micro, small and medium-sized enterprises (MSMEs) in line to benefit from the increased loan availability. However, lingering concerns over regional instability and rising debt levels could influence commercial lenders’ willingness to extend credit lines.
Articles & Analysis | Reform and resilience: New investment tools proposed within the tax system from The Report: Jordan 2013
During the previous decade, Jordan witnessed significant economic reforms designed to stimulate growth and increase the flow of foreign direct investment (FDI) into the country. Policy changes, combined with the rise of Jordan as a stable environment in which companies can operate, had transformed the country into an attractive investment area in...
Interviews & Viewpoints | Yasmeen Muhtaseb, Partner, Advisory Services, Ernst & Young Jordan, on identifying vulnerabilities through regular reviews from The Report: Jordan 2013
Jordan's risk profile is remarkably consistent despite being situated in a dynamic political and economic environment. The kingdom remains a medium-sized economy in a regional market with high growth potential; its largest challenge stems from the persistent global economic slump. Political instability in key neighbouring markets has increased...
Ranked 10th among MENA countries for doing business, a new Investment Law looks set to offer further incentives for foreigners doing business in Jordan. Policy changes, combined with the rise of Jordan as a stable environment in which companies can operate, have transformed the country into an attractive investment area in the region. Investment incentives take the form of exemptions from income...