In recent years, Aqaba’s port complex has been undergoing major redevelopment and expansion. At the same time, as Jordan’s sole seaport and main import-export funnel, Aqaba has been responding to the challenges posed by regional security issues, while remaining a major charger for the kingdom’s economic growth. Indeed, the most recent...
How do you characterise the significance of the upgrades to the Aqaba Container Terminal (ACT)?
Renewed work on a bus rapid transit (BRT) system in Amman marks a positive development for Jordan, promising improved connectivity for the capital. A burgeoning national population, estimated at nearly 7m and expected to reach 8.5m by 2025, is putting growing pressure on transport infrastructure against a backdrop of rapid urbanisation. As...
A major engine of domestic growth, Jordan’s financial services sector maintained an upward trajectory in 2014 despite a rising tide of regional instability. The kingdom’s mature, well-developed banking sector in particular is a major strength, with profits and lending both showing an increase.
What are the objectives of the Jordan 2025 development blueprint, and how will they ensure longer-term economic sustainability?
Jordan’s multitude of free trade agreements (FTAs) has created a vehicle for both domestic economic development and greater integration with the global economy. In 1997 King Hussein signed the Greater Arab Free Trade Agreement (GAFTA), marking the first of a series of trade-related accords. Throughout the 2000s, Jordan signed more than seven...
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