How concerned are bankers in Jordan by the rise in inflationary pressure? Does the Central Bank have the tools to manage this adequately?
How concerned are bankers in Jordan by the rise in inflationary pressure? Does the Central Bank have the tools to manage this adequately?
THE COMPANY: Afaq for Energy (MANE) was estab-lished in August 2008 and listed on the Amman Stock Exchange (ASE) in December of the same year. It cur-rently has a paid-up capital of JD110m ($154.7m). The emergence of MANE coincided with a strong pri-vatisation programme and the opening-up of Jordan’s...
THE COMPANY: Over the past few years, AOIC man-aged to assert itself as a leader in the Jordanian insur-ance sector with a comprehensive product mix, strong connections with leading regional insurers and global re-insurers, and exceptional financial results. The strong performance of AOIC is most evident...
With small and medium-sized enterprises (SMEs) accounting for 98% of all businesses in the king-dom, according to the Jordan Enterprise Development Corporation (JEDCO), this sector should be of major interest to the country’s banks. Yet historically, SMEs have accounted for a relatively small amount of banking business, as lenders have concentrated...
In 1995 Jordan’s parliament passed the Investment Pro-motion Law, a wide-ranging instrument aimed at attracting foreign and domestic interest to key sec-tors. In 2000 the law was amended, giving priority to eight areas of the economy and to two sub-sectors, with investments in these fields receiving benefits that ranged from tax incentives to...
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