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...
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,...
Garments, accessories and textiles trade has been one of the kingdom’s great success stories, with exports continuing to grow despite the global economic slowdown and enduring regional challenges. Industry players hope that the years ahead will see a major breakthrough in trade with the EU, a development that will not only be good for Jordan’s...
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...
Jordan’s industrial sector continues to grow, with phosphates and potash, chemicals and pharmaceuticals, and textiles and garments all seeing expansion in both net profits and volume in 2015. That these segments have grown in the face of global economic headwinds and in a region directly affected by major geopolitical tensions demonstrates the sector’s resilience and ability to adapt. The...
The removal of US financial and trade sanctions on Myanmar could give the country’s mining industry a boost, with American buyers expected to return to the precious stones market following a period of sluggish trading.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×