Jordan’s government has approved an initiative to establish a regulatory framework for digital assets within a year. This framework will align with global standards, enhance the country’s competitiveness, and foster a digital economy. The Jordan Securities Commission will lead the development of the legal and technical infrastructure for virtual assets.
Jordan saw a 37% increase in 5G subscriptions in the third quarter of 2024, with over 70,000 subscribers and more than 230 operational towers. The expansion of 5G infrastructure supports economic growth, creating job opportunities and fostering digital transformation, marking a significant step toward a more connected economy.
Jordan’s mobile telecom companies have engaged in discussions with relevant authorities regarding potential adjustments to service prices. After further studies, the price changes will be implemented according to each company’s business model and operational costs. Telecom companies had planned to raise prices on December 17, 2024, but this decision is now under review.
A study in the International Journal of Economics and Business Research highlights how digital transformation is enhancing efficiency in Jordan’s financial systems. Researchers from Al-Hussein Bin Talal University found that adopting digital tools improves decision-making and positions companies for competitive advantage, fostering economic growth in the Jordanian economy.
