Monthly Archives: January 2017

Mudassir Sheikha, the Cofounder of Careem

Careem and the Irresistible Rise of Ride-Hailing

Despite coming up against regulatory hurdles and protests from taxi drivers, the cofounder of Careem says his ride-hailing platform is in Jordan to stay. By Laith Abou-Ragheb Mudassir Sheikha, the cofounder of Careem, the Dubai-based ride-hailing platform, made a flying…

school

Driving Demographics

We need to start considering what role demographic trends have to play in Jordan’s growing congestion problem. By Hazem Zureiqat When we talk about traffic congestion in Jordan, we tend to view it as a snapshot in time and refer…

Abdali Mall and EAT Restaurants Group Sign Agreement

Abdali Mall and EAT Restaurants Group Sign Agreement

Abdali Mall; the New Beating Heart of Abdali, announced signing a leasing agreement with EAT Group to open four restaurants during 2017. With the presence of both companies’ officials, Marwan Abu Hassan, General Director at Abdali Mall Company & Hisham…

W hotel

Eagle Hills Add W Hotel to its Growing Portfolio

Eagle Hills is eyeing a 2017 launch for its multi-million dollar Abdali development, which will include one of the region’s few W hotels. By Dina al-Wakeel A 280-room W hotel will form the centerpiece of a new $200 million development…

UK

Steadfast Support

Britain’s ambassador to Jordan is confident Brexit won’t impact his country’s long standing commitment to the Kingdom. By Dina Al Wakeel Jordan has received millions of dollars from Britain to help it cope with the Syrian refugee crisis, and hundreds…

refugee crisis

Towards a Steady but Unspectacular 2017

While it’s unrealistic to expect fireworks from Jordan’s economy in 2017, boosting capital investment and launching more PPP projects should help achieve respectable levels of growth. After almost six years of stagnation, the global economic outlook for 2017 still looks…

Heike Harmgart, the head of the EBRD office in Jordan

Overhaul of Financial Watchdogs Needed – Study

Jordan’s financial regulators need to undergo greater reform for the Kingdom’s capital markets to achieve their full potential, the European Bank for Reconstruction and Development (EBRD) said in a new strategy paper it produced in conjunction with the Jordan Securities…