The country has the chance to change direction, open up, and win the investment that would transform its natural and human resources into the economic engine needed. It just needs the will.
Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.
Promising new discoveries, big new deals on gas, and a successful second public share offering is shaping one of the world's biggest companies to beat its own high expectations.
Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.
A string of recent statements from US President Donald Trump, coupled with American naval deployments this month, makes for a compelling case. But could this just be psychological warfare?
Jordan's 1994 peace treaty with Israel remains a cornerstone of regional stability. It has survived two intifadas and recurrent Gaza conflicts, but annexation would push it to the brink
US and Chinese leaders have locked themselves into a downward spiral that goes far beyond tariffs, exports, and rare earths. This is about the future and who controls it.
It will be the largest gathering since the inception of the Future Investment Initiative in 2017, with 600 speakers set to address the four-day event and an impressive lineup of attendees