Category: News

An Animated Discussion

Animation studios from across the region gathered for a special session at last month’s MENA ICT forum in Amman to discuss the challenges facing their industry, which include a paucity of investment, high operating costs, poor promotional channels, and a…

Bayt’s Ataya: Startups are Key Job Creators

The only way the region can overcome its pressing unemployment challenge is if the startup scene takes off. That was the message Bayt.com Founder and CEO Rabea Ataya had to give to a group of aspiring entrepreneurs at last month’s Startup…

EMP Jordan in New E-commerce Push

Emerging Markets Payments Jordan (EMP) are set to roll out a new collection of products designed to boost the popularity of e-commerce in a country where cash is still king. EMP Jordan, which serves more than 20 banks and 18,000 merchants…

Uber Eyes Amman

Taxi drivers beware. Uber, the fast growing ride sharing service laying waste to transport business models the world over, is setting its sights on coming to Amman. The San Francisco-based company recently posted an online advertisement looking for a community…

EBRD Extends $20 Million MSME Facility to Cairo Amman Bank

The European Bank for Reconstruction and Development (EBRD) is partnering with Cairo Amman Bank (CAB) to increase support for small businesses in Jordan by providing the equivalent of US$ 20 million in Jordanian dinars for on-lending to micro, small and…

Donors Happy with Municipality Aid Package

International contributors to a $53 million aid program designed to maintain public services in communities hosting Syrian refugees around the Kingdom say they’re pleased with its results a year since its launch. “We’re very happy that the project is actually…

ArabiaWeather Closes $2 Million in Funding

ArabiaWeather, a leading provider of weather products, services, and solutions to consumers and businesses in the Arab World, today announced it has completed an investment round of two million dollars, led by new investor Badia Impact Fund, a venture capital…

University Challenge

Jordan is nowhere to be seen on the Center for World University Rankings’ latest list of top 1,000 higher education institutions. The head of the Jordanian branch of the Arab Open University Mohammad Abu Qudeis, believes a big overhaul of…

Batelco to Sell Umniah?

There are strong signs that Umniah, one of Jordan’s big three mobile operators, could be put up for sale. Batelco, the Bahraini telco that bought a majority stake in Umniah for just over $400 million in 2006, has mandated Citigroup…

Jafar Tukan: Remembering an Architectural Giant

By Sandra Hiari Jafar Tukan, the renowned architect who pioneered Jordan’s important modernist era, died in Amman on November 25 after a long illness. He was 76. Jerusalem-born Tukan graduated from the American University of Beirut in 1960. He worked…