A concerted drive is under way in Jordan to reinvigorate the important tourism sector that has been curtailed by regional instability.
Jordan
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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.
Farm exports in Jordan showed substantial growth in 2014, aided by foreign sales of vegetables, while deals with new markets and key investments in water irrigation are strengthening growth potential for future years.
Economic update | Jordan Year in Review 2014
23 Dec 2014
The economy of Jordan is picking up strength with forecasts for higher year-on-year growth this year and next, while lower oil prices should provide at least a temporary respite from the kingdom’s energy burden.
Economic update | Jordan targets ICT growth
23 Nov 2014
A drive to attract new investment for Jordan’s ICT sector is gaining ground, as the country moves to strengthen support structures for start-ups and encourage greater private sector participation.