How have the regional unrest and the global economy affected the property development market?
The Middle East
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Interviews & Viewpoints | OBG talks to Yousef Al Nowais, Managing Director, Al Maabar from The Report: Jordan 2012
Articles & Analysis | A central server: The country is becoming a base for regional operations from The Report: Jordan 2012
Many of the world’s major software and hardware IT companies, including Cisco, Dell, Hewlett Packard, Intel, Microsoft, Oracle and Samsung, are present in Jordan. In addition to targeting the local market, a number of these firms use the kingdom as their regional centre. For example, Oracle’s regional office for the Middle East and Africa, as well...
Interviews & Viewpoints | OBG talks to Yahya Kisbi, Minister of Public Works and Housing from The Report: Jordan 2012
Articles & Analysis | Filling in the gaps: Three major projects help to turn Aqaba into a centre for tourism from The Report: Jordan 2012
One of Jordan’s premier tourism destinations, Aqaba boasts the highest number of visitor nights outside of the capital, Amman, though as in the rest of the country, the local tourism sector has been negatively affected by regional instability and the eurozone crisis. According to statistics from the Ministry of Tourism and Antiquities, 460,286...
Articles & Analysis | Big plans: Major projects advance despite limited funding from The Report: Jordan 2012
With a push to increase its stake in a growing Middle Eastern tourism market, Jordan has undertaken a number of construction projects that are being led by both international and local contractors. While the global financial crisis and regional property crash still cast a shadow, signs in late 2011 and early 2012 indicate that the clouds are...
Articles & Analysis | A focus of development: Numerous projects look set to transform the city from The Report: Jordan 2012
The town of Aqaba and the short strip of coast on which it lies represent Jordan’s only access to the sea. This makes Aqaba a key location for a range of sectors of the Jordanian economy, most notably tourism, transport and logistics, and industry. To encourage development, the town and surrounding areas since 2001 have been designated a special...