JORDAN In continuation of coverage by Global Investment House of the major sectors in Jordan, the investment bank has just released a report on the Jordan real estate sector.
Jordan real estate and construction sector has been one of the most active sectors of the Jordanian economy lately. The construction sector accounted for 4.4% of the GDP on average over the period 2002-2007. The construction sector has witnessed buoyant activity in recent years which has been unmatched in Jordan’s construction history. In effect, construction material costs are going through a period of pr
JORDAN. The offer is better known as 'Ehna Maak' and allows individuals to defer their August or September loan payment until the end of their payment period.
JORDAN. Focus on launching four programs and over 12 fully integrated components that will help to create a technology ecosystem to support innovation in Jordan.
JORDAN. Volumes for the first half of 2010 reached 2,445,500 passengers; Preliminary statistics show traffic in July hit a record of nearly 600,000 passengers.
UAE. The number of Muslim Arabs observing the Ramadan fast this year is down by 2% (98% in 2009). The survey also revealed that 87% prefer to celebrate Iftar with their families at home.
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.
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