The Kingdom is encouraging some of its sharia-compliant banks to join forces to be better capitalised and equipped to deal with an increasingly turbulent and competitive global market.
The Middle East
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Economic update | Qatar: Building momentum in tourism
18 Jul 2012
As the country’s hosting of several major international sports and business events has brought growing numbers of tourists to Qatar, it has also highlighted the need for infrastructure to accommodate them.
The kingdom faced a number of major political and economic challenges in 2011, including high unemployment, rising inflation and a $2bn budget deficit. Furthermore, like many other countries in the Middle East, Jordan is currently in the midst of a series of potentially transformative political reforms brought about by the Arab Spring protests in early 2011. Unlike many of its neighbours, however...
Amid the regional turbulence caused by the Arab Spring, Jordan has navigated a steady course. This is a key advantage that the kingdom offers to foreign investors, who continue to regard the country as a strong base for targeting growth markets in the region and who are stepping up their involvement in core domestic industries such as energy, health care and information technology.
This section features an article on Petra, which is widely regarded as the crown jewel of Jordanian tourism. The chapter also includes a listing of the country’s leading hotels and resorts, as well as useful telephone numbers and facts for visitors, including information about language, weather, visas, currency and more.
Chapter | Legal Framework from The Report: Jordan 2012
Along with Ali Sharif Zu’bi Advocates and Legal Consultants, OBG reviews the kingdom’s legal framework and the various structures and incentives established to help foreign companies.
This chapter includes an interview with Khaled Asfour, Managing Partner at Ali Sharif Zu’bi Advocates and Legal Consultants.