The growth of Islamic banking in Jordan is bringing several economic benefits for both customers and the country. A greater variety of sharia-compliant products and services, as well as increased geographical penetration throughout the kingdom, has helped mobilise large amounts of savings that otherwise would not interact with the banking system....
A combination of low economic growth, fiscal tightening and high interest rates produced relatively weak results on the Amman Stock Exchange (ASE) in 2011, with low levels of trading and new entrants. Despite reduced market sentiment, bright spots included an increase in the share of foreign investment and a growing sense that many of the blue chip...
To what extent is rising inflation in the Arab world connected to the events of the “Arab Spring”?
Given the current economic situation, the private and public sectors have to rethink their strategies on stimulating economic growth. With rising energy and commodity costs, the pressure is on to find solutions to serious economic challenges. There is no doubt that addressing unemployment and the need for job creation are at the heart of the...
Amid the regional turbulence caused by the Arab Spring, Jordan has navigated a steady course. This is a key advantage that the kingdom offers to foreign investors, who continue to regard the country as a strong base for targeting growth markets in the region and who are stepping up their involvement in core domestic industries such as energy, health care and information technology.
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