The Gateway to Business in the Region
Jordan has been called the crossroads to the Middle East. It is certainly the gateway to business in the region. A constitutional monarchy with a democratically elected parliament, the Hashemite Kingdom of Jordan is the most politically and economically stable country in the Arab world. An Islamic Kingdom, it promotes religious freedom and tolerance; religion and politics are not permitted to mix. The country has diplomatic relations with Israel, and close economic ties with the USA and Europe.
Since King Abdullah II gained the throne in 1999, business has boomed. The country’s economy has been liberalized through partnership arrangements with the World Trade Organization. Indeed, Jordan has the most Free Trade Agreements in the region. Jordan’s restraints on banking policy even helped its economy to grow through the Recession, helping the country maintain its status as an investment destination of choice.
With 70 per cent of its population below 30 (approximately 3.8 million people), Jordan views its educated young people as its most valuable resource, and has become one of the region’s leaders in IT.
Tourism is also booming. Jordan’s spectacular scenery, historic locations and the spiritual sites of the Holy Land attract visitors from all over the globe.
Jordan is remarkable for its perfectly preserved historic towns, many near King Hussein Bin Talal Convention Centre. Petra is one of the Seven Wonders of the World. Mount Nebo is a holy destination for pilgrims who seek to follow the footsteps of Moses. The Baptism site is where John the Baptist lived, and where he baptized Christ.
Jordan occupies a prime business location, where the markets of Europe, the Far East and the Middle East meet. Companies are attracted to do business in Jordan by the country’s economic incentives and skilled work force. All these features have helped to make Jordan’s convention centres premier MICE destinations.