Jordan Independent Newspaper
Al Ghad is about change and moving forward, even our logo reflects this notion. We are liberal and try to push the envelope.
List of all articles filed under “jordan-sectors” category.
Al Ghad is about change and moving forward, even our logo reflects this notion. We are liberal and try to push the envelope.
We are in a better situation than other banks. Our liquidity ratio is around 130%.
The growth of tourism in the first six months of 2010 was 30%, and in tourism receipts it was 28%.
We have identified the areas we want to enter by looking at 4,000 different industries and business activities.
There has been a sort of freeze in supply and increase in demand which is causing the increase we saw in the first six months of 2010.
We import 96% of our energy from outside of Jordan, not only from Egypt; we import only the gas from Egypt for our electricity generation.
The current strategy ends in 2010 and we already surpassed the target by 35% in terms of revenues. The target was 1.9 billion JD in revenues and eight months ago we reached that number.
We are noticing that in Jordan, our market-share is in the upper 50s, sometimes close to 60% of the market, and this is unprecedented in many countries.
Ministry of ICT Jordan, Minister of ICT Jordan, H.E. Marwan Jumaa
After 10 years of work, the sector has now grown to about 2.2 billion dollars in size, of which 1.3 billion is in telecom and 900 million is in IT.
Standard & Poor’s Corp. cut Jordan’s long-term local currency sovereign ratings to BBB- from BBB.