The Middle East

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The government of Jordan’s continuous efforts to enhance, support and incentivise investments have been boosted recently by the enactment of Investment Law No. 30 of 2014 (the New Investment Law), which sets out a legal framework that accommodates investors’ requirements and promises to provide an economic fillip.

 

While education is highly prized in Jordan, a university degree in itself does not guarantee employment. As many as 39.8% of unemployed Jordanians had a bachelor’s degree or higher in 2013, according to the most recent “Employment and Unemployment Survey”. Among the reasons for this, a frequently cited problem is a mismatch between the skills...

 

Firmly anchored to some of the world’s most unique and iconic assets, Jordan’s tourism industry also benefits from a number of competitive advantages. These include the kingdom’s proximity to large regional feeder markets, diverse landscapes and climates, and the presence of major historical and religious sites. However, regional instability...

 

With Jordan’s telecoms market keeping with global trends in its shift from a voice- to data-centric service model, 4G/long-term evolution (LTE) services are set to underpin expansion in the highly competitive sector. Jordanian consumers have welcomed the news of Zain Jordan’s 4G/LTE commercial launch, with Zain standing as the first operator...

 

What are the broad economic implications of the introduction of 4G services in the kingdom?

 

Jordan’s information and communications technology (ICT) sector is one of the most developed and robust in the region, bolstered by 15 years of industry-friendly policy and a young, well-educated and growing population of digital consumers. The sector is a major economic contributor, recording dramatic annual growth rates since 2000, and...

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