Monthly Archives: May 2018

Green City

EBRD Partners With GAM to Make Amman a Green City

The European Bank for Reconstruction and Development has signed a memorandum of understanding with the Greater Amman Municipality to fund projects that aim to ensure the capital’s sustainable growth. Under the agreement, which was signed by Amman’s Mayor Yousef al Shawarbeh…

strike

Professional Associations Strike Against Changes to Income Tax Law

Thousands from thirty-three associations and unions took part in a strike against the proposed modifications to the income tax law today. The main associations who joined the strike include doctors, engineers, journalists, teachers, lawyers, and pharmacists who reject the draft law….

wastewater

Irbid Wastewater Network to be Co-Financed by EU

The European Bank for Reconstruction and Development (EBRD) said the EU has agreed to co-finance a multi-million euro project to construct new wastewater network in Irbid, a city that has been forced to absorb thousands of Syrian refugees over recent…

fair tax

Transforming Taxation

Jacob Rabie, an Ernst & Young partner, discusses why a sound and fair tax policy is needed to boost investment in Jordan and Iraq. Jacob Rabie joined EY Jordan in 2010, bringing a complementary skill set to the Jordan/Iraq tax…

infrastructure investment

EBRD Finances Infrastructure Investment Program

The European Bank for Reconstruction and Development (EBRD) has signed a preliminary agreement with Jordan to finance an infrastructure investment program worth 2.8 billion euros. “This memorandum of understanding further cements the cooperation between the EBRD and the government of…

Development

Banking on Development

The regional head of the European Bank for Reconstruction and Development, Heike Harmgart, explains why the EBRD has pledged to invest 1 billion euros in infrastructure projects in Jordan. The European Bank for Reconstruction and Development (EBRD) held its first annual meeting…

Thai capital

Brilliant Bangkok

It’s not hard to understand why the Thai capital consistently ranks as one of the world’s most visited cities. By Nada Atieh Last year, international tourist arrivals in Thailand were on the up and up, reaching a record 35 million, about half…

investment climate

The Journal: 2018 Investment Climate

Jordan’s economy and investment climate has been shaken over recent years by unrest in neighboring Iraq and Syria, spiralling unemployment, a debt-to-GDP ratio of 95 percent, and a series of IMF-backed subsidy cuts and tax rises. All this while vital…

A Sit-down with Hamdi Tabbaa

Our guest today, Hamdi Tabbaa, held many positions. He was the former Minister of Industry, Trade and supply, a member of the Senate several times and today, heads the Federation of Arab Businessmen and The Jordanian Businessmen Association. Your Excellency, I…

The Founding of Al-Hudhud

Our guest in Women in Business, Shaima’ Al-Bishtawi, believes that respect is exchanged through language. That’s why she created Al-Hudhud, a creative content company to teach children Arabic. Al-Hudhud was founded in 2011 by Shaima’ Al-Bishtawi and her business partner, Engineer…