Marcopolis

Jordan Report

Developed in conjunction with Ext-Joom.com

Eng. Amer Abdel-Wahab Al-Majali, Chairman of Jordan Phosphate Mines Co.
"We are considered worldwide number two in exporting rock phosphate and most of our markets are in South East Asia Continue
Dominika Bzduchova
Jeppe Nymann Jensen, CEO of Aqaba Container Terminal (ACT)
Aqaba Container Terminal (ACT): Aqaba As the Top Cargo Gateway to the Levant
Jeppe Nymann Jensen, CEO of Aqaba Container Terminal (ACT)
Omar Zumot, the Winemaker at Zumot Wines
Sahl Dudin, Managing Director of Ayla Oasis Development Company
Ayla Oasis in Aqaba: The Leading Real Estate Development on the Red Sea
Sahl Dudin, Managing Director of Ayla Oasis Development Company
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Industry
Tourism
Telecom
Economy
Banking
Real Estate
Energy
Investments
Transportation
Aqaba
Eng. Amer Abdel-Wahab Al-Majali, Chairman of Jordan Phosphate Mines Co.
"We are considered worldwide number two in exporting rock phosphate and most of our markets Continue
Jeppe Nymann Jensen, CEO of Aqaba Container Terminal (ACT)
"We are very strategically placed to serve the Levant area in the region and are working Continue
Omar Zumot, the Winemaker (Zumot Wines, Saint George)
"My father always believed that this country could produce one of the greatest wines in the Continue
Sahl Dudin, Managing Director of Ayla Oasis Development Company
Ayla is a very unique mixed use development on the Red Sea that, among others, increased Continue
Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate
"The total investment up to now in our estate exceeds 250 million US dollars. The goal is to Continue
Dr. Omar Razzaz, Chairman of Jordan Ahli Bank
2015 has been a fantastic opportunity to clean, build and renew Jordan Ahli Bank. Continue
Dr. Emad Hijazeen, Deputy Chief Commissioner & Petra Archaeological Park Commissioner of Petra Authority (PDTRA)
"We want it to be a unique experience because Petra is a unique place, there is no other Continue
Lina Annab, General Manager of Zara Investment Holding
Over the past five years Zara Investment Holding opened of one of Jordan’s most beautiful Continue
Dr. Fawzi Al-Hammouri, CEO, General Manager of Specialty Hospital, Chairman of Jordan Private Hospitals Association
In 2014, Jordan received more than 250,000 patients from abroad and was awarded The Best Continue
Samer Hanania, Deputy General Manager of Hanania Energy
Jordan's aim is to ensure that Renewable Energy Services will increase their contribution to Continue
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Eng. Amer Abdel-Wahab Al-Majali, Chairman of Jordan Phosphate Mines Co.
"We are considered worldwide number two in exporting rock phosphate and most of our markets Continue
Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate
"The total investment up to now in our estate exceeds 250 million US dollars. The goal is to Continue
November 08, 2010 |
Peter Matay
We export around 80% of our production, and 20% of our production is for the local market. We export to around 16 markets abroad. Continue
November 08, 2010 |
Peter Matay
Family owned businesses are the most successful in the Middle East.  The main thing is setting up good protocol. Continue
November 07, 2010 |
Peter Matay
Al Ghad is about change and moving forward, even our logo reflects this notion. We are liberal and try to push the envelope. Continue
November 07, 2010 |
Peter Matay
We have identified the areas we want to enter by looking at 4,000 different industries and business activities. Continue
Omar Zumot, the Winemaker (Zumot Wines, Saint George)
"My father always believed that this country could produce one of the greatest wines in the Continue
Dr. Emad Hijazeen, Deputy Chief Commissioner & Petra Archaeological Park Commissioner of Petra Authority (PDTRA)
"We want it to be a unique experience because Petra is a unique place, there is no other Continue
Dr. Fawzi Al-Hammouri, CEO, General Manager of Specialty Hospital, Chairman of Jordan Private Hospitals Association
In 2014, Jordan received more than 250,000 patients from abroad and was awarded The Best Continue
November 08, 2010 |
Peter Matay
We are seeing about 40% growth in receipts and 30-35% in tourist arrivals. By any standard we are probably witnessing a year of boom rather than doom, and we are very optimistic.  Continue
November 08, 2010 |
Peter Matay
We are proud that Jordan is hosting the next World Forum for Automotive Museums 2011.  Continue
November 07, 2010 |
Peter Matay
In 2009 Deloitte reported that Jordan was among the top ranking countries for medical tourism and several of our hospitals were marked as centers of excellence. Continue
November 07, 2010 |
Peter Matay
The growth of tourism in the first six months of 2010 was 30%, and in tourism receipts it was 28%. Continue
November 05, 2010 |
Peter Matay
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. Continue
November 04, 2010 |
Peter Matay
Petra has over 3000 special monuments; the type of architecture there is really amazing. Continue
November 08, 2010 |
Peter Matay
The sector is also considered a backbone of the local economy with over 10% direct contribution to the local GDP and offers thousands of job opportunities. It also plays an essential role in Continue
November 08, 2010 |
Peter Matay
We have always been leaders in introducing new services to our customers.  Continue
November 08, 2010 |
Peter Matay
At Orange Jordan, we have a spectrum of telecom and IT services and we have a state-of-the-art GSM network. Continue
November 08, 2010 |
Peter Matay
We are working on a number of initiatives to promote broadband, to try to achieve that KPI of 50%. Continue
H.E. Marwan Jumaa, Minister of ICT Jordan
Ministry of ICT Jordan, Minister of ICT Jordan, H.E. Marwan Jumaa After 10 years of work, Continue
Dr. Omar Razzaz, Chairman of Jordan Ahli Bank
2015 has been a fantastic opportunity to clean, build and renew Jordan Ahli Bank. Continue
November 08, 2010 |
Peter Matay
The major challenges that we face are structural.  By this I mean we have a large public sector and the number of public sector servants  Continue
November 08, 2010 |
Peter Matay
As the economy grows there is the potential to develop new zones in the country but there are also regional interests that we see from other investors worldwide.  Continue
November 07, 2010 |
Peter Matay
Our industrial zone employs 15,000 people and at one point had about 600 million US dollars of exports, there are fifty factories with tenants of 12 nationalities and international manufacturers. Continue
November 07, 2010 |
Peter Matay
The current market capitalization amounted to 22 billion JD - that represents about 137% of GDP, which is considered high compared to international standards. Continue
November 05, 2010 |
Peter Matay
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. Continue
November 05, 2010 |
Peter Matay
Standard & Poor's Corp. cut Jordan's long-term local currency sovereign ratings to BBB- from BBB. Continue
June 10, 2010 |
Ben Novak
Jordan has been affected by the economic crisis. In the last year the growth rate was 2.8% but we heard that this year it would not be less than 4%. Continue
Dr. Omar Razzaz, Chairman of Jordan Ahli Bank
2015 has been a fantastic opportunity to clean, build and renew Jordan Ahli Bank. Continue
November 09, 2010 |
Peter Matay
The banking sector in Jordan is very strong and successful.  Continue
November 09, 2010 |
Peter Matay
The banks in Jordan have sustained profitability since 2009, and I believe they will continue to do so this year.  Continue
November 08, 2010 |
Peter Matay
We have 3,000 accounts monthly, and our customers are staying with us. We are the fastest growing bank in Jordan.  Continue
November 07, 2010 |
Peter Matay
We are in a better situation than other banks. Our liquidity ratio is around 130%. Continue
November 05, 2010 |
Peter Matay
Standard & Poor's Corp. cut Jordan's long-term local currency sovereign ratings to BBB- from BBB. Continue
Sahl Dudin, Managing Director of Ayla Oasis Development Company
Ayla is a very unique mixed use development on the Red Sea that, among others, increased Continue
Lina Annab, General Manager of Zara Investment Holding
Over the past five years Zara Investment Holding opened of one of Jordan’s most beautiful Continue
November 09, 2010 |
Peter Matay
The Jordanian market is a little bit better than the rest of the region, and definitely better than Europe and the States.  Continue
November 08, 2010 |
Peter Matay
I am also looking at turning Mawared into more of a commercial entity, so profits and loss will be very much clear.  Continue
November 08, 2010 |
Peter Matay
JK Holding is a real estate development company established in 1978.  Continue
Aqaba Development Corporation, Vice Chairman and CEO, H.E. Mohammed Turk
My vision for Aqaba is to be a cosmopolitan city with people from all walks of life and Continue
November 07, 2010 |
Peter Matay
I think what probably makes us special in this part of the world is that we are strategy focused. We actually are proactive. Continue
November 07, 2010 |
Peter Matay
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.   Continue
Samer Hanania, Deputy General Manager of Hanania Energy
Jordan's aim is to ensure that Renewable Energy Services will increase their contribution to Continue
November 08, 2010 |
Peter Matay
This year we have started drilling throughout the concession to characterize the rock’s richness, thickness and overburden as a first step towards identifying its suitability for our technology. Continue
November 08, 2010 |
Peter Matay
Oil shale in Jordan covers about two thirds of the country and some of it is unexplored. Jordan has been leading a policy to attract everybody who has interest in oil shale and has experience with Continue
November 08, 2010 |
Peter Matay
On the short-term I would say $50-90 dollars a barrel, medium-term $90-120, and long-term I would say below $50 dollars a barrel due to economic factors.  Continue
November 08, 2010 |
Peter Matay
97% of our energy needs are currently being satisfied by imports and we would like to change this figure. Continue
November 07, 2010 |
Peter Matay
We have adopted a National Energy Strategy that is driving Jordan to be a net exporter of energy by 2030. Continue
November 05, 2010 |
Peter Matay
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. Continue
Sahl Dudin, Managing Director of Ayla Oasis Development Company
Ayla is a very unique mixed use development on the Red Sea that, among others, increased Continue
Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate
"The total investment up to now in our estate exceeds 250 million US dollars. The goal is to Continue
Lina Annab, General Manager of Zara Investment Holding
Over the past five years Zara Investment Holding opened of one of Jordan’s most beautiful Continue
November 08, 2010 |
Peter Matay
I am also looking at turning Mawared into more of a commercial entity, so profits and loss will be very much clear.  Continue
November 08, 2010 |
Peter Matay
The major challenges that we face are structural.  By this I mean we have a large public sector and the number of public sector servants  Continue
November 08, 2010 |
Peter Matay
We are seeing about 40% growth in receipts and 30-35% in tourist arrivals. By any standard we are probably witnessing a year of boom rather than doom, and we are very optimistic.  Continue
November 05, 2010 |
Peter Matay
 Investments that have come through the Jordan Investment Board and have benefitted from the investment promotion law are 174% greater than in 2009. Continue
Jeppe Nymann Jensen, CEO of Aqaba Container Terminal (ACT)
"We are very strategically placed to serve the Levant area in the region and are working Continue
November 08, 2010 |
Peter Matay
 JorAMco has 30% of its business from the local market, 30% from Europe, and 40% from the rest of the region. Continue
November 05, 2010 |
Peter Matay
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. Continue
Jeppe Nymann Jensen, CEO of Aqaba Container Terminal (ACT)
"We are very strategically placed to serve the Levant area in the region and are working Continue
Sahl Dudin, Managing Director of Ayla Oasis Development Company
Ayla is a very unique mixed use development on the Red Sea that, among others, increased Continue
Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate
"The total investment up to now in our estate exceeds 250 million US dollars. The goal is to Continue
November 09, 2010 |
Peter Matay
The Jordanian market is a little bit better than the rest of the region, and definitely better than Europe and the States.  Continue
Aqaba Development Corporation, Vice Chairman and CEO, H.E. Mohammed Turk
My vision for Aqaba is to be a cosmopolitan city with people from all walks of life and Continue
November 07, 2010 |
Peter Matay
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.   Continue