Author Archives: Venture Staff

aluminum

Venture Explains: America’s Steel and Aluminum Tariffs

The US government has decided to impose import tariffs of 25 percent on steel and 10 percent on aluminum from Europe, Mexico and Canada. Other countries, including Japan, Washington’s closest ally in Asia, are already subject to the tariffs. Why?…

entertainment

Saudi Arabia: Opening Up to Entertainment

Widespread reform in Saudi Arabia is opening up lucrative investment opportunities in the kingdom’s underdeveloped media and entertainment sector. Saudi Arabia’s debut at the Cannes Film Festival, coupled with moves to expand the number of cinemas and promote local filmmaking,…

fleet

RJ Seeks to Add 23 Planes to its Fleet – Report

Royal Jordanian is in talks with plane manufacturers to add up to 23 narrow-body aircraft to its fleet, the carrier’s CEO Stefan Pichler told The National. “We are now in the process of a fleet rollover in the short-haul ……

cloud

Solutions in the Cloud

Amazon Web Services (AWS), the arm of the tech giant that provides on-demand cloud computing, is finally eyeing the Middle East market and plans to expand its services through more offices and partners. By Dina Al Wakeel AWS  held its…

convertible

Aston Martin DB11 Volante: Versatile and Visceral

Aston Martin has delivered a truly elegant convertible grand tourer which can comfortably soak up the miles and impress on the track. By Ghaith Madadha The Aston Martin DB11 Volante, which was launched earlier this year, is an elegantly sporting…

atomic energy

JAEC says Nuclear Program Cost JD112 Million

Approximately JD112 million were spent between 2008 and 2017 on developing the Kingdom’s nuclear energy program, the Jordan Atomic Energy Commission (JAEC) said in a new report. A large proportion of this figure was spent on local expertise as well…

investor interest

Capturing Investor Interest

The man responsible for boosting investor interest in Jordan is confident more FDI is on the way. According to the Central Bank of Jordan (CBJ), foreign direct investment in the Kingdom increased by 7.2 percent in 2017, reaching JD1,182 billion,…

Philip Morris Jordan

The Best Investment is a Conscientious One

How Philip Morris Jordan is guaranteeing long-term, sustainable success by thinking big and giving back. Over the past decade, local and international investors have contemplated fluctuating factors, while attempting to figure out how to best capitalize on Jordan’s unique strategic…

North Korea

Venture Explains: The North Korea Peace Deal

North Korea and South Korea are discussing a peace agreement that might officially end the state of war that has technically lasted since the 1950-53 Korean War ended with an armistice not a treaty. What do both sides want? Both…

fake news

Hands Off the Fund

Any attempt by the government to tap the billions held by Social Security Investment Fund would have dire political consequences. After weeks of confusion and controversy, Prime Minister Hani al-Mulki publicly affirmed in April that his government does not seek…