Jordan Industry Sector
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).
imported 2024-03-17 17:43:07
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%.
Bahrain’s Information Affairs Authority (IAA), is a newly established governmental entity that manages and supervisies internal and external media in Bahrain.
While enjoying the delights of cosmopolitan Beirut, one of the best places to stay in order to experience the city is the Phoenicia InterContinental Hotel.
The group employs 7500 people in Cyprus, Egypt, England, France, Greece, Lebanon, Saudi Arabia, Sweden, Sudan, Ukraine, and the United States. “Our human capital is the most important capital of INDEVCO group… this is why our people are very much empowered”, says Neemat G. Frem, President & CEO.
GPIC is one of the first Petrochemical Companies in the Middle East to embark on a Carbon Dioxide Recovery (CDR) Project, to cut down green house gas (GHG) emissions and to improve overall efficiency of natural resources by enhanced production of Methanol and Urea in its complex.