With Ernst & Young, OBG looks at some of Jordan’s significant economic reforms, many of which were designed to stimulate growth and increase the flow of foreign direct investment into the country.
In addition to details of corporate and personal income tax, this chapter includes a viewpoint with Bishr Baker, Managing Partner at Ernst & Young, Jordan and Iraq.
The Middle East
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Building contractors in Kuwait will be hoping that the roll out of the state’s $108bn national development plan drives up activity in the sector, although political wrangling and red tape could mean key projects struggle to meet their 2014 deadlines.
Chapter | Media & Advertising from The Report: Jordan 2012
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. However, private schemes flourish as well and operate most of the radio stations in the kingdom. Television is the dominant form of media by audience, but the local television industry remains weak compared with pan-Arab and regional stations...
Chapter | Agriculture & Water from The Report: Jordan 2012
Making up more than 15% of its exports – up from 12.7% in 2007 – the agricultural sector in Jordan is small but strong. Produce makes up the majority of exports, with livestock farming also playing a significant role locally and abroad. In particular, Jordan has the potential to increase its exports to the European market. Although few Jordanian companies are currently certified to export to the...
Economic update | Oman: Development in tourism
17 Jul 2012
With Muscat having been named the Arab Tourism Capital for 2012 and the country becoming increasingly popular with visitors from around the globe, Oman’s tourism sector is gaining attention from local and international investors who are building new hotel and property developments. To go along with the accommodation offerings, there is also a need for additional entertainment and leisure facilities to fill niche markets and create demand.
With nearly universal levels of basic education and the majority of graduates enrolling in a university, Jordan was ranked fourth in the Middle East and North Africa on the Education Index of the UNDP. Furthermore, the kingdom’s top public universities are ranked among the best in the region, and have been rising in international rankings as well. Jordan is also host to several foreign...