Monthly Archives: December 2016

Out&About

Hand in Hand initiative by Out&About

  Hand in Hand initiative visited Syrian refugees families near Zataari camp, with gifts of jackets & gloves for 65 kids to keep them warm during chilly winter. Also, a blood donation campaign was organized with EHS-Hakeem at KHBC, 96…

refugee crisis

No Rule of Law, No FDI

Without striving for an independent and transparent legal system, Jordan will struggle to attract desperately needed FDI. “We cannot achieve sustainable development, empower our creative youth or successfully execute our development plans unless we develop state administration and enhance the…

Arab Bank

Jordanian Investors Poised to Buy Saudi Oger’s Stake in Arab Bank

A Jordanian consortium has lodged a bid for Saudi Oger’s 20 percent stake in the Arab Bank after Saudi Arabia’s Fawaz Alhokair family withdrew its own $1.1 billion offer, Reuters reported citing banking sources. A deal with investors led by…

Intaj CEO Nidal Bitar

The State of the Sector

Even though times are tough for Jordan’s tech sector, Intaj CEO Nidal Bitar says the future remains bright for his members. Intaj, the association that represents Jordan’s tech sector, has organized this year’s MENA ICT forum. The high profile event was held…

Careem app

Careem Aims to Recruit 10,000 Drivers by 2018

Fast-growing ride-hailing service Careem said it’s aiming to hire 10,000 drivers in Jordan by 2018, despite encountering regulatory problems in the Kingdom. The Dubai-based startup said it also planned to hire a further 2,000 employees to operate a new regional…

Issa Murad, Chairman of the Amman Chamber of Commerce, on energy price cuts

Businesses Welcome Energy Bill Cut

The Amman Chamber of Commerce said the government’s recent decision to lower energy prices for businesses across several sectors should significantly boost their competitiveness and revenue. The chamber’s chairman, Issa Murad, welcomed the move, calling the high cost of energy…

Autodesk announces the opening of its sales hub in Jordan

On 18 October, Autodesk, the giant maker of software for architecture, engineering, construction, manufacturing, media and entertainment, announced the opening of a regional sales hub in Jordan. EMEA Vice President of Autodesk Roland Zelles was on hand to comment on…