This chapter contains an overview of the tax framework within which local and international investors operate in Jordan, including a look at a newly enacted corporate income tax, a rundown of the incentives on offer to encourage free zone investment and an explanation of the social security law amendment.
This chapter contains a viewpoint with Bishr Baker, Managing Partner, EY,...
Ongoing regional conflicts have continued to place significant pressures on Jordan’s economy in the past year. Tourist revenues have been particularly affected while the closure of key trade routes with neighbouring countries has also taken its toll. According to the IMF, however, Jordan has done well despite the effects of regional instability. This is largely due to a recovery in industry...
According to the Department of Statistics Jordan’s population, swelled largely by refugees arriving from Syria, reached 6.68m at the end of 2014, with Syrian refugees constituting 20.8% of the total. Jordan, however, continues to be a bulwark of stability in the region. This is largely down to the ongoing process of political reform which has been in motion since King Abdullah II ascended to...
Solid performance in the non-oil sector of the Omani economy steered the country towards relatively sound growth in 2015, with the financial services industry in particular helping to cushion the blow of lower energy prices.
Falling energy and mineral prices ramped up pressure on Papua New Guinea’s economy in 2015, prompting a reduction in state spending that is expected to continue into the new year as the government looks to return the budget to a surplus.
THE COMPANY: Established in 1918, Sanlam has grown to become the second-largest listed life insurance company in South Africa, after Old Mutual. The group operated as a mutual fund until its listing on the Johannesburg and Namibian stock exchanges in 1998. In legacy of its demutualisation, Sanlam...
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