Category: News

Food Prices to Drop by 20 to 30 percent – JCC

Food prices in Jordan are projected to decline this year by 20 to 30 percent, according to Raed Hamadeh, the food sector representative at the Jordan Chamber of Commerce (JCC). The price drop, which is largely due to the decline…

Samsung Gets Connected

The Internet of Things took center stage at this year’s Samsung MENA Forum, the mammoth annual event where the Korean tech giant unveils its product lineup for the coming year. Samsung Electronics Middle East and North Africa President Choong Ro…

QAIA Voted Best Middle East Airport for Service

Proving you don’t have to be a multi-billion dollar aviation mega hub to offer passengers a first-rate travel experience, QAIA has just been voted the best airport in the Middle East in the latest Airport Service Quality Awards. QAIA triumphed…

Cash Subsidies Missing the Mark – Report

A significant number of poor Jordanian households are losing out because the targeting mechanism for the Kingdom’s cash subsidy program isn’t accurate enough, an Identity Center report said. The report by the development think tank found that the targeting method,…

Hellofood Pushes into Online Groceries

Online food ordering giant Hellofood has joined forces with the Dukkan supermarket chain to launch an online grocery delivery service. “We have started expanding to grocery stores as our aim is to become the leading marketplace for food,” said Hellofood…

The Haves and the Have Nots

The world’s richest 1 percent will own more than half of global wealth by next year, a report by anti-poverty charity Oxfam revealed. The richest 1 percent currently own 48 percent of all global wealth, Oxfam said. In 2016 that…

A Crisis Costing Billions

The Syrian civil war, coupled with the spread of ISIS, has so far cost countries in the region over $33 billion, according to a World Bank report. The policy research working paper quantifies the direct and indirect economic impact of…

Nuqul Plans to Sell 25 Percent Stake in Fine – Vice Chairman

Jordan’s Nuqul Group is planning to sell off around 25 percent of Fine Hygienic Holdings, one of the region’s largest tissue and paper products manufacturers, in a bid to boost the group’s growth, Nuqul Vice Chairman Ghassan Nuqul told Venture….

Military Meals for Microwaves

A company best known for making military food rations recently began producing a line of ready meals that everyday Jordanians can pick up from their local supermarket. The Akleh range from the Arab Ready Meals (ARM), a Malaysian-Jordanian joint venture,…

Aramex Announces Tenth Year of Record Profits

Aramex, the global logistics and transportation solutions provider, today announced its full year financial results for 2014, which was the tenth consecutive year of record profits since the company was listed on the Dubai Financial Market. The company’s 2014 full…