Author Archives: Venture Staff

Jordan Slips Down Global Competitiveness Table

Although its score remained unchanged, Jordan slipped from 63 to 65 in the newly published World Economic Forum’s Global Competitiveness Index (GCI) report. The report said Jordan benefited from a relatively efficient institutional system and strong infrastructure, innovation, and business…

BrandsJordan

Brands of Jordan part 2

Hikma Pharmaceuticals What is it? Hikma Pharmaceuticals is one of the top pharmaceutical brands in the region. Headquartered in London, the company specializes in developing, manufacturing, and marketing a broad range of injectables, branded pharmaceuticals, as well as generics, and…

The iPhone 8 and 8 Plus

iPhone 8 – Apple’s Also-Ran?

The iPhone 8 and 8 Plus, two of the three smartphones released in Apple’s 2017 lineup, went on sale last month but have been met with low demand. “The iPhone 8 and 8 Plus are virtually perfect phones. And yet…

Arabia Trading & Consulting (ATC) Reaches Financial Close

ATC Secures Financing for 66.69 MWp Solar PV Project

Arabia Trading & Consulting (ATC – an Arabia Group company), a leading Jordanian utility-scale solar developer, has announced it has reached financial close for its second solar project in Jordan, further cementing its commitment towards supporting Jordan’s renewable energy ambitions…

Jordan Moves to Kick-Start Growth and Pare Back Debt

Jordan Moves to Kick-Start Growth and Pare Back Debt

The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…

aramex

Aramex Launches Customer Service Chatbot

Aramex has launched a customer service chatbot that operates via Facebook messenger. “The service enables personalized, scalable conversations with customers about shipment-related queries and different service offerings,” the regional logistics giant said in a statement. The English and Arabic-language chatbot…

A New Way to Teach

A New Way to Teach

If we truly want to prepare our children for the future, we need to start teaching them to think creatively and critically. By Helen Al Uzaizi ‘Teaching to the test’ has sadly become a common term; it happens when an…

Merza Hussain Hasan, Regional Head of World Bank

Strong Support

The regional head of the World Bank says his organization stands ready to help Jordan meet its potential. As well as Jordan, Merza Hussain Hasan oversees World Bank projects in Bahrain, Egypt, Iraq, Kuwait, Lebanon, Libya, the Maldives, Oman, Qatar,…

Muin Qadadeh, Manseer’s deputy chairman

Manaseer Plans $1 billion Integrated Potash and Phosphate Facility

The Manaseer Group recently signed a land lease agreement with the Aqaba Development Corporation (ADC) to build an integrated potash and phosphate complex at the Red Sea resort. Muin Qadadeh, Manseer’s deputy chairman, said the facility, which is set to…

Amazon buys Whole Foods

Venture Explains: Why did Amazon buy Whole Foods?

What’s happened? Internet retail giant Amazon has just agreed to buy high-end grocer Whole Foods for $13.7 billion. What’s the motivation behind the deal? Even though it built its name in e-commerce, Amazon has recently been experimenting with brick-and-mortar stores,…