Unpredictability, government austerity and low growth projections for the global economy may be the norm for the next few years. To survive, sustain and grow in the adverse economic conditions since the credit crunch of 2007, companies have had to dispense with old assumptions and adopt more innovative practices to maintain their competitive...
As a lawyer practising in Jordan and involved in project finance transactions, I often advise on structuring security packages to protect lenders’ interests. Lenders are also interested in understanding what happens when the business they are financing faces insolvency risks. The laws governing these issues in Jordan have been problematic and...
The state plays a central role in the Jordanian media industry, operating three of the country’s major TV channels and owning several newspaper publishers. But private schemes flourish as well. In 2011 a private Amman-based and Jordan-oriented satellite television channel began broadcasting. In addition, the private sector operates most of the radio...
As a UNESCO World Heritage Site selected as one of the “new seven wonders of the world” based on a poll organised by the Zurich-based New7Wonders Foundation, Petra is widely regarded as the crown jewel of Jordanian tourism. The historical and cultural importance of the site will be showcased in 2012 when it celebrates the 200th anniversary of...
The contribution of agriculture to the Jordanian economy is larger and more important than it may seem at first glance. While the sector made up 4.4% of GDP in 2011, it accounted for 15.3% of national exports. Due to the growth of agribusinesses regionally, many believe Jordanian produce could be exported in greater quantities to neighbouring...
A regional pioneer in online media, Jordan has seen internet penetration rise rapidly in recent years, with this translating into a boom in online media consumption. Print outlets are responding by upgrading their websites, but traditional print media still retains advantages. Online media faces challenges, including a proliferation of poor-quality...
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