Amman Chamber of Commerce
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
imported 2024-03-17 17:43:08
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
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.
My vision for Aqaba is to be a cosmopolitan city with people from all walks of life and from all over the world who do business in the Middle East and can call Aqaba home.
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 import 96% of our energy from outside of Jordan, not only from Egypt; we import only the gas from Egypt for our electricity generation.
Investments that have come through the Jordan Investment Board and have benefitted from the investment promotion law are 174% greater than in 2009.
Standard & Poor’s Corp. cut Jordan’s long-term local currency sovereign ratings to BBB- from BBB.
We already have the laws we need for the private sector . The business sector is doing not so bad. Of course the ambition that Lebanon would be the financial center for the Middle East…
Politics in the middle east are turbulent and Lebanon is often pulled in all sorts of directions. Because Lebanon is rich with diversity this results in a noisy and difficult democracy that we have to navigate through without abandoning our principles.
This is the second cabinet that consists of 30 ministers that do represent all the religious communities in Lebanon.·