Category: News

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…

Call for Better Monitoring of Economy

Jordanian decision makers need to focus harder on coordinating and monitoring the implementation of national economic policies. That was the main conclusion of two reports released last month by the Identity Center, an independent civil society organization working to encourage…

Meezan Wins Urban Tech Startup Contest

From near-gridlocked streets to a creaking water network, Amman is grappling with a long list of development challenges. But a little extra help is now at hand from Meezan, a young company from Jordan that has just won the first…

Deal for First Oil Shale Plant

Jordan has signed a $2.2 billion build-operate-transfer deal with a consortium led by Estonia’s Enefit to have the Kingdom’s first oil shale power plant up and running by the end of 2018. Construction of the 470-megawatt plant, which is expected…

Standard Chartered Upbeat on Economy

Standard Chartered dispatched some of its top regional analysts to Amman last month to brief its clients on the bank’s macro-economic outlook for Jordan and the wider region. Their overall assessment was fairly sunny, despite the obvious challenges that continue…

S&P Upgrades Jordan to “Stable”

Standard & Poor’s (S&P) returned Jordan to a stable outlook, almost three years after lowering its ‘BB-/B’ status to negative amid economical and political regional instability. The international rating agency expects the deterioration in the country’s fiscal and external balances…

Yahoo to Close Office in Jordan

In a move that will come as a major blow to Jordan’s ICT ambitions, Yahoo, the tech giant that bought Maktoob for millions, has announced it will be shuttering its Amman office by the end of the year. Yahoo said…

Cashing in on E-commerce

Local e-commerce startup CashBasha, which allows shoppers to make cash payments for products listed on Amazon.com, said it’s handled around 1,600 orders since it was established at the start of the year. ChashBasha Cofounder Fouad Jeryes said his company is…