ICT is one of Jordan’s fastest growing industries and penetration rates for internet and mobile phones remain high. Strong growth was recorded in 2013 in data services and smartphone sales, with 38% of the country’s mobile phone users owning a smartphone. The tech start-up sector is a leader in the Middle East but, while Jordan has been able to produce a large, skilled IT workforce, it has...
Tourism accounts for 14% of Jordan’s GDP, with receipts in 2014 up 10% year-on-year. Efforts are under way to diversify Jordan’s tourism offerings with an emphasis being placed on religious tourism, aimed particularly at visitors from East Asia, while Jordan’s medical infrastructure remains one of the country’s most valuable tourism assets with the World Bank ranking Jordan the top medical...
Jordan’s banking sector, with its diverse array of financial institutions, continued to perform robustly over the past year. In the first half of 2013 non-performing loans dropped to their lowest level since 2009 while the Islamic financial services segment has continued to grow, increasingly seeking out business from small and medium-sized enterprises as well as from the retail sector. In May...
The guide contains listings of some of the leading hotels and resorts in Jordan and contacts for important government offices and services. It also contains useful tips and information for business and leisure visitors alike.
The IMF has forecast Jordan’s GDP to expand by 3.5% in 2014 and the government remains committed to tackling long term structural issues in the economy including reducing the fiscal deficit. The role of the private sector is being boosted, particularly with regard to government support for SMEs. Stronger economic ties with Iraq have led to proposals for a Basra-Aqaba pipeline and this, along...
The past several years have seen significant changes in Jordan, with the population reaching 6.64m in 2014, swelled in part by refugees from neighbouring Syria and Iraq. Jordan, however, remains stable as it moves ahead with home grown and sustainable political reforms that look to establish lasting building blocks for democracy. In September 2014 King Abdullah II of Jordan re-iterated his...
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