Economy

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The acceleration of a long-awaited reform programme and continued economic recovery, particularly in the retail and energy sectors, made 2016 a transitional year for Egypt.

Articles & Analysis | Rest easy: AMMAN from The Report: Jordan 2016

 

CROWNE PLAZA AMMAN 6th Circle, King Faisal bin Abdul Aziz Street PO Box 950555 Amman 11195 T: (+962) 6551 0001 F: (+962) 6551 0003 www.crowneplaza.com info.cpamman@ihg.com Rooms: 279 rooms and suites. Business & Conference Facilities: Eight banquet rooms, including a grand ballroom and royal tent, accommodating up to 1000 guests and...

 

NATIONAL CHARACTER: The people of Jordan are renowned for their hospitality. Most people go out of their way to assist visitors, and making friends with local Jordanians is relatively easy.

In the face of regional instability, high levels of debt and the cost of hosting hundreds of thousands of refugees, Jordan’s economy exhibited resilience this year, with prospects for even stronger growth in 2017 on the back of international support and wide-reaching reforms.

 

In addition to the one-stop shop, how is the JIC working with other entities to target foreign investors and streamline processes?

 

In 2016 the Central Bank of Jordan (CBJ) issued two rounds of sharia-compliant sovereign bonds for the first time in the country’s history. The first offering, released in May 2016, used a murabaha ( cost-plus financing) structure and was valued at JD75m ($105.5m). The sale successfully attracted JD205m ($288.3m) in bids from investors...

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