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FINANCIAL NEWS
Jordan’s tech segment gains top priority
25 Mar 2016
(MENAFN) Jordan has been increasingly growing its interest and focuses on the Information and Communication Technology (ICT) segment, considering it makes up 12 percent of the Kingdom’s GDP and continually creates job opportunities.
The country plans to take crucial measures, which involve a wide range of incentives and privileges which will be offered to investors in the (ICT) sector, with the clear goal to render it as a vital attraction for leading global companies.
The planned incentives will include nationwide income tax reductions of up to 5pct plus a zero sales tax and other customs fees, not to mention that the kingdom has already taking the lead with applying the 4G network.
Meantime, the nation is applying a national broadband network to link government bodies and health and educational entities with a high-speed fiber optic network that would guarantee effective government work.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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