The Royal Couple – King Abdullah II
All politics and economics in Jordan today are dominated by the popular and charismatic personalities—and dynamic “hands-on” personal leadership—of Jordan’s ruling couple.
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All politics and economics in Jordan today are dominated by the popular and charismatic personalities—and dynamic “hands-on” personal leadership—of Jordan’s ruling couple.
When Abdullah I was assassinated·in 1951, he was succeeded on the throne by King Hussein. Hussein was a charismatic and farsighted king who was popular with both Western and other Arab governments, as well as with the Jordanian public.
Anyone interested in Jordan should have at least a basic knowledge of its amazing history; for much of Jordan’s labor force, GDP, city planning, and transportation system is organized around preserving and celebrating its memory.
In the scale of nations, Jordan is an average, mid-sized country. In terms of population, its 6.5 million people rank 103rdI (about the same as Libya or Paraguay) out of 224 states and autonomous territories.
The industrial sector, including mining and extraction, accounts for 20% of GDP, and a larger amount of exports. One of its greater success stories is the The King Abdullah Design and Development Bureau (KADDB).
The growth of tourism sector was 30% (28% of tourism receipts) in the first six months of 2010. The targets of current strategy that ends in 2010 was surpassed by 35% in terms of revenue reaching 1.9 billion JD.
2008-09 were difficult years for the real estate sector in the region, and Jordan was indirectly one of the countries hit with the global crisis. The total value of property deals in Jordan rose 18 percent in the first six months of 2010 compared to 2009.
97% of Jordan’s energy needs are currently being satisfied by imports. Jordan’s energy bill is around 23% of the GDP. Demand for electricity will continue to rise from 2,260 megawatts in 2008 to 6,000 megawatts by 2020.
Despite the minor drop in ratings, the Banking sector in Jordan is healthy and enjoys an increasingly sound operating environment. The top players are Arab Bank, Housing Bank for Trade and Finance and Jordan Islamic Bank.
Jordan telecom sector is dominated by three players, the incumbent Jordan Telecom Group (Orange), Zain Jordan and Umniah, operated by Batelco Bahrain. The sector is mature and the penetration rate is close to 110%.