JORDAN. Price stability continues across the Jordanian property sector, which is showing positive activity in both apartment and villa sales and leasing, according to Asteco Property Management’s Q2 2011 report.
“Despite regional political conflict, Jordan has remained consistent economically. Government statistics indicate the property sector has played a substantial role in this ongoing stability, indicating a 42% increase in all property and land transactions over the quarter.
Rental prices for two-bedroom apartments ranged from JOD3,000 and JOD13,000 per annum, with three-bedro
Jordan. S&P: "We do not expect a significant improvement in Jordan's fiscal or external performance, both of which have deteriorated in recent years partly due to external conflicts such as unrest in Egypt and Syria's civil war."
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
UAE. Indonesia should lead the way in ASEAN markets over the next year; The best performing markets in the second quarter were Thailand and the Philippines; Health care strongest sector in ASEAN in Q2.
INTERNATIONAL. Israel mobilised 16,000 additional reservists Thursday to bolster forces fighting in Gaza as Washington gave its ally the go-ahead to raid stocks of emergency US weapons stored on Israeli soil.
INTERNATIONAL. In a presidential statement, the 15-member body expressed strong support for a ceasefire, and urged all parties to accept and fully implement it into the Eid period marking the end of the Muslim fasting month of Ramadan and beyond.