Category: News

EBRD Loans $21 million to Al Jazeera Agricultural Company

In an effort to foster economic development in rural areas of Jordan, the European Bank for Reconstruction and Development (EBRD) has loaned $21 million to the Al Jazeera Agricultural Company to help expand and upgrade its facilities. The investment will…

Jordan Secures $3 Billion ITFC Import Loan

Jordan has signed up to a five-year, $3 billion loan package with the International Islamic Trade Finance Corporation (ITFC) to finance the import of energy and food staples. Minister of Planning and International Cooperation Imad Fakhoury said the country’s private…

What’s up with Whatshudoin?

Luai Masri is the founder and CEO of Whatshudoin, a new social media app that allows users to interact based on the way they feel. How is Whatshudoin different to other social media apps? Whatshudoin is a complete mood-focused platform….

Think Tank Questions Effectiveness of NEPCO Rescue Plan

A new Identity Center report has questioned the effectiveness of the National Electric Power Company’s (NEPCO) cost recovery strategy, after it found a recent round of electricity tariff hikes failed to drag the publicly-owned company out of debt, but led…

Air Arabia Jordan Piles Pressure on RJ with New Saudi Route

QAIA-based budget airline Air Arabia Jordan began flying to a second destination in Saudi Arabia earlier this month, a move which shows just how much of a threat this newly-launched carrier poses to troubled Royal Jordanian and its vital network of…

Online Encyclopedia Mawdoo3 Receives $1.5 Million in Funding

Online Arabic content was given a boost last month with the announcement that Jordanian startup Mawdoo3—a Wikipedia-like online Arabic encyclopedia—received $1.5 million in Series A funding from Dubai-based investor EquiTrust. Initially founded as a student project in 2010, Mawdoo3 quickly…

New Language School Taps Growing Interest in Arab Culture

A new language school, the Sijal Institute, opened its doors in Amman earlier this year, cementing the city’s position as one of the most popular places to learn Arabic in the region. Because of its political stability and thanks to…

Nuclear Giving Way to Renewables Globally – Study

While Jordan is moving forward with its controversial nuclear energy program, a new study said solar energy added 26 percent more electricity to the global grid than nuclear last year. The latest edition of the World Nuclear Industry Status Report, which…