At a time when parts of Jordan’s transport sector are struggling because of regional turmoil and the wider economic downturn, industry analysts say it is crucial to plan ahead and modernise the country’s legislative framework in preparation for better times. A number of such changes are under way, with the government working to reform outdated laws...
What measures should the government implement to streamline procedures in the transport sector and enhance regional connectivity?
With increasing demand in a number of segments, the insurance sector has some positive momentum and favourable growth prospects over the medium term. Still, rising claims and costs have been squeezing profits. With 28 providers and no clear market leader competition is fierce in a smaller market of 6m people.
Do capital markets authorities need to give investors a broader range of investment tools and products to create greater depth within the exchange?
With little room for expansion in the public sector, Jordan will depend on the private sector to drive growth in the coming years. Key to this will be enabling businesses to access finance at affordable rates. Although the conventional banking sector is often criticised for not providing enough financing to small and medium-sized enterprises (SMEs...
THE COMPANY: Specialised Investment Compounds (SIC) was established in 1994 and is a publicly listed firm with JD25.8m ($36.25m) in paid-in capital. Since inception, SIC has spun off a number of public and private enterprises to undertake a wide range of projects, primarily in industrial and commercial...
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