Category: Economy

Yousef Mansour Petra

Trashing Petra Tourism

The ludicrously high garbage collection fees charged to struggling Petra hotels is just another example of the government’s myopic approach to raising revenue. By Yusuf Mansur On its website, the Petra Development and Tourism Region Authority describes itself as a…

Borrowing Smart

Borrowing can help an economy grow. But Jordan is taking on debt for all the wrong reasons. By Yusuf Mansur “Neither a borrow nor a lender be,” Polonius advised his son in Shakespeare’s Hamlet. But unlike the royal counselor, economists…

A World Divided

As we prepare to head into 2015, we find the world’s economies split between those ready for growth, and those teetering on the brink of recession. By Sameer Massis It was 160 years ago this month that Louis Pasteur stood…

Water Worry

The decay and neglect of vital infrastructure is one of the main reasons behind Jordan’s water supply crisis.   By Yusuf Mansur One of the most dispiriting facts you often hear about Jordan is that it’s the third most water…

Size Doesn’t Always Matter

The market capitalization of a company isn’t always the most important factor to consider when investing. By Sameer Massis Here’s an investment question to consider: Two years ago, would you have invested in company “A” which had zero debt, an…

Cheap Oil: Boon or Bane?

Tumbling oil prices might be a double-edged sword for Jordan. By Yusuf Mansur Jordan, which imports 97 percent of its energy, and the wider Middle East are bound to feel the impact of falling oil prices soon. The price of…

How Low Can Oil Go?

The oil market’s reaction to America’s renewed military operations in the Middle East has been counter to normal expectations. Rather than rise in price, Brent dropped from $115 in June to below $100 in September. How can this correction be…

In Gold They Trust

A whirlwind of speculations and denials unleashed by an alleged gold discovery has again got us asking who’s really to blame for the low level of trust between Jordanians and their government? The Economist- Yusuf Mansur For yet another dispiriting…

Dealing with the Danger

It’s tempting to try to ignore the regional turmoil that’s fast becoming an existential threat to Jordan. But we have to face up to it. Postscript- Osama Al-Sharif We’re hosting over a million Syrians who fled the brutal civil war…

Saudi Stocks: Worth a Punt for Foreigners?

Saudi Arabia hopes that there will be a lot of interest in its stock market when it finally opens up to international investors next year. But it might only succeed in attracting technical, rather than value, investors. By Sameer Massis…