Ghana has developed a reputation as a robust and stable democracy, and with a storied legacy of pan-African initiatives it has long punched above its weight diplomatically. While the recent oil boom following the discovery of the offshore Jubilee field in 2007 has helped to fuel GDP growth as much as 14% over recent years, it is now projected to slow to a more modest 4.5% in 2014.
The Jordanian real estate market saw increased sales activity in 2013 as well as price rises in many parts of the capital, which accounts for the great majority of transactions. A number of major mixed-use real estate developments are under way, including the Abdali development in Amman – a major component of which was launched in July 2014 – and several large real...
Given the important role that tourism plays in Jordan’s economy, how important is the Dead Sea?
The value of real estate transactions in 2013 stood at JD6.3bn ($8.9bn), up 15% in nominal terms from JD5.6bn ($7.91bn) in 2012. The sector’s rate of expansion was well above inflation of 5.5%, pointing to substantial real growth. The number of residential apartments sold in 2013 rose to 30,380 from 25,434 in 2012. Of these, 20,084 were 150 sq metres in size or smaller....
The construction sector saw renewed growth in 2013 and indicators point to further expansion in early 2014, following a period of contraction in 2012. While housing accounted for the great bulk of construction activity, in terms of the size of licensed projects, large-scale real estate and tourism developments, as well as major infrastructure...
The construction sector saw renewed growth in 2013 with forecasts for continued expansion in 2014. Loans extended in 2013 reached $5.76bn, accounting for 21.5% of credit to all industries. While housing accounted for the bulk of construction activity, several major real estate and tourism development projects are driving opportunities for large contractors, particularly in the Red Sea port of...
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