List of all articles filed under “jordan-topics” category.
Over the past five years Zara Investment Holding opened of one of Jordan鈥檚 most beautiful resorts – the Movenpick Resort and Spa Tala Bay in Aqaba. This was a U$80 million project and proved to be a huge success.
The overall Jordanian economy has been marked by the following characteristics, challenges, and problems.
Jordan鈥檚 trade sector is growing rapidly, primarily as a result of having more FTAs than any other Arab state in the region. With US7 bil. exports In 2009, it ranked 4th after UAE, Bahrain, and Qatar.
Jordan鈥檚 economy has had robust growth of 6%-7% every year since 2000, with highs of 8% in 2004, and 7.8% in 2008. While the world financial crisis slowed growth to 2.8% in 2009, it but did not stop it.
Aqaba Development Corporation is to develop Aqaba Free Economic Zone, a multi-sector development zone, that has already attracted number of mega real estate and tourism investments into this business and tourism hub on the Red Sea.聽
Saraya Aqaba is a mixed-use resort that has five hotels along with a water park, a sports center, retail, a beach club with an amphitheater for concerts, as well as children’s entertainment. Discover Saraya Aqaba resort on the Red Sea and its strategy.
Video Interview with Ziad Jaber, Chairman of Tala Bay, a $500 million resort community with 2 km of beach front, a manmade lagoon and a beach club among others.
The Jordanian market is a little bit better than the rest of the region, and definitely better than Europe and the States.聽
I am also looking at turning Mawared into more of a commercial entity, so profits and loss will be very much clear.聽
The major challenges that we face are structural.聽 By this I mean we have a large public sector and the number of public sector servants聽
