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A significant new law was drafted in 2016, which promises to mark the end of a lengthy period of legislative uncertainty for Jordan’s transport sector if it is passed by the next parliament.

 

With 2015 seeing national carrier Royal Jordanian (RJ) returning to profit helped by the low oil price, along with solid growth in passenger numbers at Queen Alia International Airport (QAIA), the kingdom’s aviation sector has been undergoing something of a rebirth. More airlines and more routes operating from Jordan have also added to the...

 

Though it lacks the petroleum resources of many of its Arab neighbours, Jordan’s hydrocarbons shortfall has led its energy industry to become one of the most progressive and dynamic in the region, with renewables development and nuclear energy set to significantly boost domestic capacity and reduce the kingdom’s fuel bill in the coming years...

 

After disruptions to an Egyptian pipeline that had supplied the majority of Jordan’s electricity demand prior to 2011, the Jordanian government is moving to reduce expensive fuel imports and boost domestic generating capacity by building several new power plants. Comprising a diverse energy mix of gas, oil shale and renewable projects, these...

 

The expansion of Jordan’s renewable energy segment has seen a marked acceleration in recent years, with nearly 1000 MW of solar and wind projects currently being implemented. These developments dovetail with a national strategy aimed at raising the share of renewables in the energy mix to 10% by 2020, equivalent to a generating capacity of...

 

Banks and small businesses welcomed the launch of Jordan’s first credit bureau in 2015, with the new privately owned agency set to improve the kingdom’s lending growth, investment climate and support business financing. Although its establishment was delayed for years as politicians decided how best to roll out the new agency, the bureau...

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