While Jordan’s property market slowed in 2012, the sector remains healthy, and this strong trend is expect-ed to continue throughout 2013. Current market con-ditions can be attributed to several factors, including a growing middle class, an influx of newcomers from Syria and Libya in need of homes and the caution among developers due to the...
What measures is Jordan taking to ensure its energy needs are met, and what role will alternative energies play in the sector going forward?
How will the lifting of fuel subsidies affect Jordan’s domestic liquidity and interest rates?
One of the mainstays of the Jordanian economy, industry accounts for approximately one-fifth of GDP as well as 15% of the workforce and around 90% of exports. The largest industrial segments are min-ing, chemicals, and textiles and garments manufac-turing; the kingdom is also the largest exporter of pharmaceuticals in the Arab world. The sector is...
Energy represents one of Jordan’s key economic and strategic challenges. The issue has transformed into a political problem, with recent fuel subsidy cuts and consequent price rises sparking protests against a backdrop of regional unrest. The government is considering measures such as rolling blackouts and restrictions on driving to deal with the...
Signs of improvement are beginning to be seen in Jor-dan’s construction sector. Much like other sectors in the country, investment in construction projects has slowed due to geopolitical conditions within the region. Local construction companies, however, are adjusting well to the current climate, and a range of projects are still moving ahead....
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