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Increase in company registrations signals economic recovery in Q1 2024 – Jordan

The first quarter of 2024 saw an 8 per cent surge in the number of registered companies compared with the corresponding period in 2023, the Companies Control Department announced on Monday.

A total of 1,623 new companies were registered from January to March this year, marking a “significant” increase from the 1,501 registrations recorded in the corresponding period last year, according to the Jordan News Agency, Petra.

Further analysis reveals a 16 per cent increase in registered companies when compared with the pre-pandemic conditions of 2019, highlighting a positive trajectory in the recovery of the business sector.

Link: https://www.zawya.com/en/economy/levant/increase-in-company-registrations-signals-economic-recovery-in-q1-2024-jordan-ig236n5r

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