imported 2024-03-17 17:43:08
Ghassan Nuqul talks about Nuqul Group strategy, Jordan’s economy and its challenges and the need to institutionalize the family business. Nuqul Group embraces 31 regional and global companies with 3,000 employees in Jordan and over 5,500 worldwide.
The overall Jordanian economy has been marked by the following characteristics, challenges, and problems.
Jordan’s 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’s 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.
The famous “Lost City” of Petra, remembered in poetry as “a rose-red city half as old as time,” and unforgettably featured in a host of films, novels, and video games, is one of the “Seven Wonders of the World”
Jordan is has a “strong kingdom” form of government, which is to say that, while it has a constitution and a partially elected parliament, the king has substantial control of the political process.
The foreign policy that has kept Jordan one of the most internally safe and peaceful as well as one of the most stable governments in the Middle East, consists of three successful strategies.
Generally considered one of the most beautiful of world leaders, Queen Rania, for her part, has been no palace wallflower.
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.
