The financial services sector is one of the most robust and mature in Jordan, remaining resilient in the face of significant external volatility and retaining its role as a driver of economic growth in 2015. The banking sector in particular has been a major source of strength, with the Central Bank of Jordan maintaining a pro-growth monetary stance, following on from growth in deposits and...
The Middle East
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Chapter | Financial Services from The Report: Jordan 2016
Despite facing a set of extraordinary external and internal challenges over the past several years, Jordan’s economy remained resilient in 2015. Although GDP growth fell to a six-year low as the kingdom grappled with a rising refugee population and regional volatility, the banking and industrial sectors continued to record a positive performance. The dissolution of Parliament in May 2016 led...
Chapter | Country Profile from The Report: Jordan 2016
The Hashemite Kingdom of Jordan is located in the heart of the Middle East, in a region that is often termed the Levant. Its neighbouring countries include Iraq to the east, Saudi Arabia to the south, Israel and Palestine to the west and Syria to the north. In all, Jordan covers 89,342 sq km of land and shares 1635 km of land border with Israel, Palestine, Iraq, Saudi Arabia and Syria. In the...
Economic update | Bahrain Year in Review 2016
19 Dec 2016
Buoyed by the solid performance of the non-oil sector, Bahrain’s economy has maintained steady growth throughout 2016, though future development could be impacted by rising public debt.
Economic update | Abu Dhabi Year in Review 2016
9 Dec 2016
Buoyed by ongoing diversification efforts, a recently released five-year plan for 2016-20 and large-scale restructuring of state-owned entities, Abu Dhabi has weathered economic headwinds and fared better than many of its peers, while also facing a second consecutive year of lower hydrocarbons income.
Articles & Analysis | Dubai supporting small and medium-sized enterprises with health benefits from The Report: Dubai 2016
Small and medium-sized enterprises (SMEs) run by Emirati entrepreneurs secured health service contracts worth Dh24m ($6.53m) between 2012 and 2015, according to Dubai Health Authority (DHA). DHA’s director of purchasing and supplies, Eman Khalfan Al Jallaf, told local media her department had made it a priority to deal with local SMEs offering...