Monthly Archives: January 2018

Dubai: Year in Review 2017

Increased activity in trade, tourism, and construction paved the way for another year of growth in Dubai, with momentum expected to continue through 2018 as the emirate’s preparations for Expo 2020 shift up a gear.   Dubai’s economy looks set…

luxury

Hi-tech Luxury

Audi’s latest flagship luxury saloon is a real world showcase of the brand’s tech-focused future. By Ghaith Madadha Stately and statuesque with a vast hexagonal grille and grounded profile emphasizing its four-wheel-drive architecture, the A8’s aesthetic is dignified yet imposing….

secularism

Secularism Should not be Shunned

Jordan can become a shining example of an Arab nation that chooses to adopt secularism, not as a nefarious concept that seeks to undermine people’s faiths and beliefs, but as a way of cementing democratic values. The Arab world has…

airlines

Airlines Navigate Changing Skies

Airlines in the region are having to adapt to growing competition and high customer expectations. By Nada Atieh Air connectivity in the region has grown dramatically over recent years, with the number of city pairs rising from nearly 200 in…

roundtable discussions

Endeavor Holds Startup Finance Roundtable

Endeavor Jordan held the first in a series of roundtable discussions between banks and entrepreneurs last month in an attempt to find new ways of financing startups in Jordan’s historically risk-averse lending culture. Financial institutions in Jordan and the wider…

foreign patients

PHA Blames Government Visa Rules for Plunging Medical Tourism Numbers

The number of foreign patients visiting Jordan for treatment slumped by 40 percent over 2016 and 2017 due to stricter visa rules imposed by the government, the head of the Private Hospitals Association told The Jordan Times. “In 2015, the…

ILO: Global Unemployment to Remain High in 2018

  As the global economy recovers but fails to keep up with an ever-growing labor force, global unemployment in 2018 is projected to remain at a similar level to last year’s, according to the World Employment and Social Outlook: Trends 2018, a…

solar Plant

EBRD Provides a $22 Million Loan for Solar Plant

The European Bank for Reconstruction and Development (EBRD) said it provided a $22 million loan for the construction and operation of a 50 MW solar plant in the Risha region, 300 kilometers north-east of Amman. The loan will be provided…

bitcoin

We haven’t seen the back of Bitcoin

Despite wild fluctuations in value and grumblings from regulators, it seems likely that Bitcoin and other cryptocurrencies are here to stay. At the end of November, the price of Bitcoin crossed reached $10,000 and just kept going up and up…