After the rough and tumble of the last few years, Jordan’s capital markets are now at a potential turning point. Although the Amman Stock Exchange saw four de-listings in 2012, it is still one of the most populous exchanges in the MENA region, with 243 companies listed. The three-tier market structure has been welcomed by investors for providing clarity on the status of companies. New regulations...
Jordan
Displaying 421 - 426 of 616
Chapter | Capital Markets from The Report: Jordan 2013
The banking sector has shown signs of a brisk recovery in the past year, with expansion of both assets and deposits at major firms. Banks have boosted profits and built healthy balance sheets by tackling non-performing loans, auguring a return to the growth seen in pre-crisis years. Near-term sector growth is set to come from new lending to small and medium-sized enter-prises and Islamic...
The state is pushing ahead with structural reforms that should provide a sound base for future development. GDP is forecast to expand by 3.5% in 2013, while the government has made reducing the fiscal deficit a priority. Trade opportunities with Iraq are also being explored, and longer-term initiatives, including the development of shale oil and renewables, should help to address long-standing...
Chapter | Country Profile from The Report: Jordan 2013
Home to many important biblical and pilgrimage sites, the past several years have seen significant changes in Jordan, with protests, constitutional reforms and most recently, elections held in early 2013 all reshaping the country’s political landscape. With a Parliament made up of Chamber of Deputies and Senate, the development of political parties is high on the agenda, with King Abdullah...
While motor coverage is a low-profit line of business in many countries, Jordan has seen this segment of the insurance market make headlines in 2013, with industry players suggesting that without significant changes, the sector as a whole could face serious challenges.
A double pipeline that will channel oil to Jordan from Iraq is expected to play a key role in the Kingdom’s efforts to diversify and strengthen its energy sources.