Category: Features

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…

Modern Designs

LUXURY BUILT ON QUALITY

Modern Designs is Jordan’s high-end property developer; a company utterly committed to craft elegant quality homes. Each material is carefully selected, and each building process receives the time and attention it deserves, in turn delivering superior value for your money….

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…

cut flower sector

Cut flower sector: From bloom to bust

Jordan’s cut flower sector has enjoyed double-digit growth over the past decade. But this success is being threatened by new tax hikes affecting consumer spending, in addition to increasingly fierce competition from African growers. By Celine Alkhaldi Rows of red…

independence

Breaking Away

Over many years, cultural, language and political differences have led citizenries of various countries to seek independence from their ruling governments. But could these new states survive economically? By Dina Marto Separatist movements are largely motivated by the politics of…

Standard Chartered

Standard Chartered: Banking on Jordan’s future

The regional CEO of Standard Chartered says his bank is in Jordan for the long haul. One of the UK’s biggest banks, Standard Chartered entered Jordan’s banking sector in 2000 when it acquired ANZ Grindlays’ operations in the Kingdom. Standard…

dead sea

More than skin deep

As a local cosmetic producer of skincare products based on Dead Sea minerals and plant extracts, Rivage has grown quickly since its inception two decades ago and now competes on an international platform. By Nada Atieh Rivage was brought to…

backing

The Backing of Britain

Jordan can count on the backing of Britain when facing the challenges and opportunities posed by a complex and rapidly evolving region.  By UK Ambassador Edward Oakden From the Great Arab Revolt a century ago—when British Forces fought alongside the…