Jordan is an Arab kingdom in Western Asia, on the East Bank of the Jordan River. Jordan is classified as a country of "high human development" with an "upper middle income" economy. The Jordanian economy, one of the smallest economies in the region, is attractive to foreign investors based upon a skilled workforce. [1] The country is a major tourist destination, and also attracts medical tourism due to its well developed health sector. [2] Nonetheless, a lack of natural resources, large flow of refugees and regional turmoil have crippled economic growth. [3]
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
ABS network | Consumer services | Broadcasting & entertainment | Amman | 1993 | Broadcasting | P | A |
Al Khalidi Medical Center | Health care | Health care providers | Amman | 1978 | Specialty hospital | P | A |
Amman Stock Exchange | Financials | Investment services | Amman | 1999 | Primary exchange | P | A |
Aqaba Railway Corporation | Industrials | Railroads | Aqaba | 1979 | Railway | P | A |
Arab Bank | Financials | Banks | Amman | 1930 | Consumer and commercial bank | P | A |
Arab Bridge Maritime | Industrials | Marine transportation | Aqaba | 1985 | Commercial transport | P | A |
Arab Medical Center | Health care | Health care providers | Amman | 1994 | Medical center | P | A |
Bank of Jordan | Financials | Banks | Amman | 1960 | Bank | P | A |
Cairo Amman Bank | Financials | Banks | Amman | 1960 | Bank | P | A |
Central Bank of Jordan | Financials | Banks | Amman | 1964 | State-owned central bank | S | A |
Fine Hygienic Holding | Consumer goods | Nondurable products | Amman | 1958 | Paper towel | P | A |
Islamic International Arab Bank | Financials | Banks | Amman | 1998 | Islamic bank | P | A |
Jordan Ahli Bank | Financials | Banks | Amman | 1955 | Bank | P | A |
Jordan Insurance Company | Financials | Full line insurance | Amman | 1951 | Insurance | P | A |
Jordan Kuwait Bank | Financials | Banks | Amman | 1976 | Bank | P | A |
Jordan Petroleum Refinery Company | Oil & gas | Exploration & production | Zarqa | 1956 | Refinery | P | A |
Jordan Phosphate Mines | Basic materials | Specialty chemicals | Amman | 1953 | phosphates, fertilizers, chemicals | P | A |
Jordan Radio and Television Corporation (JRTV) | Consumer services | Broadcasting & entertainment | Amman | 1985 | State broadcaster | S | A |
Jordan Telecom Group | Telecommunications | Fixed line telecommunications | Amman | 1997 | Telecommunication services | P | A |
King Hussein Cancer Center | Health care | Health care providers | Amman | 1997 | Medical center | P | A |
King Hussein International Airport | Industrials | Transportation services | Aqaba | 1972 | Airport | P | A |
Mecca Mall | Consumer services | Broadline retailers | Amman | 2003 | Shopping mall | P | A |
Queen Alia International Airport | Industrials | Transportation services | Amman | 1983 | Airport | P | A |
Royal Jordanian | Consumer services | Airlines | Amman | 1963 | Airline | P | A |
Rubicon Group Holding | Consumer services | Broadcasting & entertainment | Amman | 1994 | Educational media | P | A |
Talal Abu-Ghazaleh Organization | Industrials | Business support services | Amman | 1972 | Project management, consulting, accounting | P | A |
The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1.
The economy of Israel is a highly developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability with a full nuclear triad, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par with Silicon Valley. It has the second-largest number of startup companies in the world after the United States, and the third-largest number of NASDAQ-listed companies after the U.S. and China. American companies, such as Intel, Microsoft, and Apple, built their first overseas research and development facilities in Israel. More than 400 high-tech multi-national corporations, such as IBM, Google, Hewlett-Packard, Cisco Systems, Facebook and Motorola have opened R&D centers throughout the country. As of 2024, the IMF estimated Israel has the 26th largest economy in the world by nominal GDP, and one of the biggest economies in the Middle East.
The economy of Jordan is classified as a lower middle income economy. Jordan's GDP per capita rose by 351% in the 1970s, declined 30% in the 1980s, and rose 36% in the 1990s. After King Abdullah II's accession to the throne in 1999, liberal economic policies were introduced. Jordan's economy had been growing at an annual rate of 8% between 1999 and 2008. However, growth has slowed to 2% after the Arab Spring in 2011. The substantial increase of the population, coupled with slowed economic growth and rising public debt led to a worsening of poverty and unemployment in the country. As of 2023, Jordan has a GDP of US$50.85 billion, ranking it 89th worldwide.
The economy of Morocco is considered relatively liberal, governed by the law of supply and demand. Since 1993, in line with many Western world changes, Morocco has followed a policy of privatisation. Morocco has become a major player in African economic affairs, and is the 6th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the most competitive economy in North Africa, in its African Competitiveness Report 2014–2015.
The economy of Trinidad and Tobago is the third wealthiest in the Caribbean and the fifth-richest by GDP (PPP) per capita in the Americas. Trinidad and Tobago is recognised as a high-income economy by the World Bank. Unlike most of the English-speaking Caribbean, the country's economy is primarily industrial, with an emphasis on petroleum and petrochemicals. The country's wealth is attributed to its large reserves and exploitation of oil and natural gas.
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East, with a gross domestic product (GDP) of US$415 billion in 2021-2023.
Tourism in New Zealand comprised an important sector of the national economy – tourism directly contributed NZ$16.2 billion of the country's GDP in the year ended March 2019. As of 2016 tourism supported 188,000 full-time-equivalent jobs. The flow-on effects of tourism indirectly contributed a further 4.3% of GDP. Despite the country's geographical isolation, spending by international tourists accounted for 17.1% of New Zealand's export earnings. International and domestic tourism contributed, in total, NZ$34 billion to New Zealand's economy every year as of 2017.
Medical tourism is the practice of traveling abroad to obtain medical treatment. In the past, this usually referred to those who traveled from less-developed countries to major medical centers in highly developed countries for treatment unavailable at home. However, in recent years it may equally refer to those from developed countries who travel to developing countries for lower-priced medical treatments. With differences between the medical agencies, such as the Food and Drug Administration (FDA) or the European Medicines Agency (EMA), etc., which decide whether a drug is approved in their country or region, or not, the motivation may be also for medical services unavailable or non-licensed in the home country.
The economy of the State of Palestine refers to the economic activity of the State of Palestine. Palestine receives substantial financial aid from international donors, including governments and international organizations. In 2020, the inflation rate of -0.7% and unemployment rate was 25.9%. While exports were recorded at US$1 billion, with an import value of US$6 billion. Contributors to the national economy is service sector (47%), wholesale and repair (19%), manufacturing (12%), agriculture (7%), finance and banking (3%), construction (5%), information technology (5%) and transportation sector (2%).
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The economy of the Middle East is very diverse, with national economies ranging from hydrocarbon-exporting rentiers to centralized socialist economies and free-market economies. The region is best known for oil production and export, which significantly impacts the entire region through the wealth it generates and through labor utilization. In recent years, many of the countries in the region have undertaken efforts to diversify their economies.
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Jordan, officially the Hashemite Kingdom of Jordan, is a country in the Southern Levant region of West Asia. Jordan is bordered by Syria to the north, Iraq to the east, Saudi Arabia to the south, and Israel and the occupied Palestinian territories to the west. The Jordan River, flowing into the Dead Sea, is located along the country's western border. Jordan has a small coastline along the Red Sea in its southwest, separated by the Gulf of Aqaba from Egypt. Amman is the country's capital and largest city, as well as the most populous city in the Levant.
Tourism in Vietnam is a component of the modern Vietnamese economy. In 2019, Vietnam received 18 million international arrivals, up from 2.1 million in the year 2000. The Vietnam National Administration of Tourism is following a long-term plan to diversify the tourism industry, which brings foreign exchange into the country.
Prostitution in Jordan is technically illegal, but in practice, tolerated, with authorities turning a blind eye to the act. Prostitution occurs mainly in the larger cities in their poor neighbourhoods. It occurs in brothels, restaurants, night clubs and on the streets. The prostitutes are mainly from Russia, Ukraine, the Philippines, Morocco, Tunisia, Syria, Iraq as well as Jordanians.
Middle East economic integration refers to the process of improving economic cooperation, coordination, and connectivity among countries in the Middle East and North Africa (MENA) region. This process aims to create a unified economic space that allows for the free movement of goods, services, capital, and labor across national borders within the region. The objectives behind such integration include enhancing regional trade, stimulating economic growth, achieving economies of scale, and fostering stability and peace through economic interdependence.
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Tourism in Iraq refers to tourism in the Western Asian country of Iraq. Iraq was one of the main destinations for many years, however this changed dramatically due to conflicts. Tourism in Iraq has faced many challenges, however, in recent years there have been improvements. The capital city Baghdad is the second largest city in the Arab world and the 4th largest in the Middle East. Iraq has several World Heritage Sites, dating back to ancient Mesopotamia, most notably Babylon Iraq. Iraq is considered to be a potential location for ecotourism. Erbil was chosen as "Arab Tourism Capital" in 2014 by the Arab Tourism Committee.
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