As construction activity in the region gains momentum, how can real estate developers avoid repeating the mistakes that led to the crash?
Developing stronger ties between Jordan and Iraq was among the topics of discussion at the latest World Economic Forum (WEF) on the Middle East and North Africa, which was hosted by the Kingdom in May.
Tourism has long provided a steady flow of revenues to Jordan’s economy, with the sector accounting for 13% of GDP. In 2012 the kingdom’s tourism industry rebounded nicely; tourism receipts increased 15.3% year-on-year from JD2.13bn ($3bn) in 2011 to JD2.46bn ($3.46bn) in 2012. While much of this boost in the sector can be attributed to the...
While most economic activity in Jordan is concentrat-ed in Amman, the southern city of Aqaba is playing an increasingly significant role. The city sits at the Red Sea’s north-eastern tip and roughly 300 km to the south of the capital. With a history dating back to 4000 BCE, the area has long been a centre for trade. Today, Aqa-ba is home to a...
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