Category: News

Going Electric

This year’s World Economic Forum at the Dead Sea saw the signing of several agreements, including an MoU with manufacturers of electric cars that aims to encourage their use in the Kingdom. A statement from the Royal Court said an…

Russian Nuclear Energy Deal Signed

In a move which brings Jordan’s controversial nuclear energy program a big step closer to reality, the government recently signed a $10 billion agreement with Russia’s Rosatom to build the Kingdom’s first nuclear power plant. Chairman of the Jordan Atomic…

Azkadenya Eyes Regional Expansion

As part of an aggressive regional expansion drive, Jordan’s Eat Restaurant Group opened a flagship branch of its popular Azkadenya chain in Dubai last month. The new branch, which is located in a shopping mall in the city’s high-end Jumeirah…

Samsung sees “strong” demand for S6

Samsung said there’s strong demand in Jordan for the Galaxy S6 and S6 Edge, two premium devices the South Korean tech giant launched in Amman last month and hopes will restore its fortunes in the closely fought global smartphone market….

Liwwa P2P Lender Scores New Investment

In a sign that crowdsourcing is set to become an important fundraising option for the region’s cash-starved SMEs, Amman-based peer-to-peer lender Liwwa recently closed a successful financing round involving three major investors. The round was led by DASH Ventures, with…

Google’s Internet Balloons Near Lift Off

Google have never been a company to shy away from a challenge. With Project Loon, the tech giant is having a crack at connecting millions of people around the world to the Internet via balloons drifting around the stratosphere. According…

Half of Syrian Refugee Children out of School – Report

Almost half of Syrian refugee children in the region are not receiving any form of education, according to a recent report by Save the Children. The report also revealed that school enrollment within Syria had fallen from 95 percent to…

Approval Opens Door to Greater Crowdfunding Opportunities

Dubai-based crowdfunding platform Eureeca has just received regulatory approval from the UK’s powerful Financial Conduct Authority (FCA), which should give a major boost to Jordanian startups and early-stage businesses seeking investment. The FCA approval means Jordanian companies will be in…

Petra Tourism Crash

Visitor numbers to Petra have plunged over recent years, forcing several hotels to close. Jordan Hotel Association Chairman Michael Nazzal said a solid investment from the government and a thoroughly planned marketing operation are needed to attract tourists back to…

E-Commerce Growth Driving Interest in Online Security

Jordan’s fast developing e-commerce market is convincing more companies to seek ways of making online transactions more secure, said Medhat Iskander, business development manager at payment solution provider BPC Banking Technologies. “Fraud happens when not enough security measures are implemented….