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Joint Jordan-Iraq economic city to create jobs, boost exports, say experts

AMMAN The joint economic city between Iraq and Jordan will help boost trade ties and create much-needed jobs, according to pundits.Speaking with The Jordan Times on Tuesday, economist Mazen Marji noted that Iraq is a “crucial market” for Jordan, and the establishment of the joint economic city will help increase economic growth, joint investments and businesses. “Joint

Jordan drops 3 places on security and prosperity index

AMMAN Jordan dropped three places on the Gulf Studies and Research Centre (CSRGULF) index measuring security and prosperity, declining from seventh place in 2022 to 10th in 2023.According to CSRGULF, the decline in Jordan’s ranking was attributed to various factors related to the Kingdom’s socioeconomic situation.The ranking was based on the study of various indicators such

Jordanian economists weigh in on US banking sector crisis

AMMAN The recent US banking crisis has garnered the immediate attention of Jordanian economists and bankers.Economist Mazen Marji told The Jordan Times that the recent crises of the US-based Silicon Valley Bank (SVB) and Signature Bank, are part and parcel of the US banking sector. Currently, there might not be a direct impact on Jordan, but this major crisis could have a

New investment law a positive step , key lies in implementation, say economists

 AMMAN A new law envisaged to develop the investment and business climate must take a holistic approach, say economists.During the first meeting of the Steering Committee for the Development of the Legislative Environment Regulating Investment in Jordan on Sunday, Prime Minister and Minister of Defence Bisher Khasawneh said that the committee will work on developing the new

New investment law a positive step , key lies in implementation, say economists

 AMMAN A new law envisaged to develop the investment and business climate must take a holistic approach, say economists.During the first meeting of the Steering Committee for the Development of the Legislative Environment Regulating Investment in Jordan on Sunday, Prime Minister and Minister of Defence Bisher Khasawneh said that the committee will work on developing the new

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