The retail sector has shown consistent growth in recent years, with the Central Bank of Jordan (CBJ) estimating its contribution to GDP at JD1.13bn ($1.6bn) in 2015. This figure is from a GDP of JD11.4bn ($15.5bn), or around 10% of the overall total. Retail is also a major source of employment. The Department of Statistics (DoS) recorded 173,...
The industrial sector continues to show growth. Phosphates and potash, chemicals and pharmaceuticals, and textiles and garments all continued to expand in terms of both net profits and volume in 2015. The fact that these segments have grown in the face of global economic headwinds and in a region directly affected by major geopolitical...
By leveraging its strategic location on the Red Sea, a short distance from the Israeli, Egyptian and Saudi Arabian borders, Aqaba has become a lively base for manufacturing industries, as well as a transport and tourism centre. The rail and road network for the rest of the kingdom also begins here, connecting industries with the main domestic...
Few sectors in Jordan have been more dramatically impacted by recent regional turbulence and uncertainty than housing. With large numbers of Syrian refugees fleeing into Jordan over the past few years, there has been major pressure on low- to middle-income real estate, with the government, developers and international organisations working...
With demand for mass housing thriving and transport, energy and other infrastructure projects continuing to roll out, the kingdom’s construction sector faces the challenge of meeting a wide range of demands at a time of economic slowdown.
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