Jordan Capital Markets
The current market capitalization amounted to 22 billion JD – that represents about 137% of GDP, which is considered high compared to international standards.
imported 2024-03-17 17:43:07
The current market capitalization amounted to 22 billion JD – that represents about 137% of GDP, which is considered high compared to international standards.
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 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.
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.
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.
Petra has over 3000 special monuments; the type of architecture there is really amazing.
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%.
Construction Products, Construction Products Holding Company (CPC), Director of Business Development & Administration Affairs, Dr. Faysal Alaquil
As a company that specializes in construction materials we have a great interest in Lebanon. We have been studying Lebanon with very close observation: the political stability, the security of the economy. The government has assured us that there will be a very healthy budget announced soon.