Monthly Archives: June 2018

startup

Tunisia Strengthens Startup Scene through ‘Startup Act’

Tunisia’s parliament has just voted to adopt a groundbreaking piece of legislation that will broaden and strengthen the country’s startup community. Other Arab states should take note. While Tunisia is best known over recent years for successfully adopting a series…

HRH Prince Feisal Bin Al Hussein

HRH Prince Feisal Bin Al Hussein

HRH Prince Feisal Bin Al Hussein on the importance of SOFEX. Jordan hosted the toughest and most highly trained special forces from around the world for SOFEX again in May. In this exclusive interview, the chairman of the SOFEX board, HRH…

Middle East Car of the Year 2018

Volvo beat off some tough competition to take the top prize at the region’s premier car awards in Abu Dhabi. Volvo triumphed at the Middle East Car of the Year (MECOTY) in Abu Dhabi. The Swedish manufacturer’s XC60 was awarded…

financial fraud

Regional Financial Fraud Jumps – Survey

The number of regional firms reporting incidents of financial fraud rose to 34 percent from 26 percent over the past two years, according to a PwC survey. Asset misappropriation, business misconduct, and fraud committed by consumers are the three most…

retail

Retail Giants: The Age of Amazon

Despite Trump’s tweets, there’s little stopping the onward march of Jeff Bezos’s technology giant. Compared to the retail giants of the world, Amazon is bigger than the 13 combined global retailers including the likes of Walmart, Costco, Target, Tesco and…

Marriott International

Marriott International Opens in W-branded Hotel in Amman

The Marriott International opened its first W-branded hotel in Jordan last month. Developed by Eagle Hills Jordan, the 280-room, 37-story branch in Amman features seven floors of serviced apartments and a helipad, Eagle Hills Jordan announced. The hotel is located…

ramadan

The Business of Ramadan

Increased consumer spending during Ramadan helps offset any slowdown in workplace productivity. By Nada Atieh A study published in the Quarterly Journal of Economics in 2015 looked at data from almost every country over the past 60 years and found…

Ulounge

Smart home products offered by Umniah’s ULounge and Samsung

Umniah’s ULounge Smart Shop for VIP Customers Hosts Smart Home Technologies and Solutions from Samsung Electronics Levant Umniah, a subsidiary of Batelco in Bahrain, has announced that its ULounge Smart Shop will be showcasing a wide array of cutting-edge smart…

forecasts

Economic Forecasts and Predicting Growth

While certainly useful, economic forecasts shouldn’t distract decision makers from pursuing sound economic strategies. In a recent report, the World Bank Monitor said Jordan’s maximum real growth this year was unlikely to exceed 2.4 percent. While the average outlook over…

international airport

Airport Operator Acquisition of Queen Alia International Airport

Aéroports de Paris has big plans for Jordan’s aviation sector after acquiring a controlling stake in the operator of Queen Alia International Airport. Groupe Aéroports de Paris (ADP) recently announced it has spent $265 million to buy a majority 51…