Category: News & Views

Tourism Receipts

Minister of Tourism Eyes Doubling of Tourism Receipts by 2022

Jordan could double its tourism receipts by 2022 if the sector manages to continue growing annually by 10 to 15 percent, Minister of Tourism Lina Annab said. “That’s very doable. It’s realistic and ambitious,” Annab told Venture on the sidelines…

Templeton Prize

HM King Abdullah Awarded 2018 Templeton Prize

HM King Abdullah has been named as the 2018 Templeton Prize Laureate for his work promoting religious harmony. King Abdullah “has done more to seek religious harmony within Islam, and between Islam and other religions, than any other political leader….


Migrant Worker Rights Project Launched to Promote Rights

The Arab Migrant Resources Center launched a project that aims to promote the rights of 230,000 migrant workers from Bangladesh, Nepal, Sri Lanka, Myanmar and Indonesia. The project was implemented with the support of the General Federation of Jordanian Trade…

Chinese President

China Pledges Millions in Development Aid for Arab Countries

Chinese President Xi Jinping pledged $91 million in aid to Jordan, Lebanon, Yemen, and Syria and $15 million to Palestine to support economic development in a speech at the China-Arab States Cooperation Forum (CASCF) in Beijing in July. The Chinese…

capital spending

Exports and Capital Spending Key to Growth – Report

Jordan needs to focus on boosting exports and capital spending if it wants to achieve strong and sustainable growth, according to a new report by the Jordan Strategy Forum (JSF) think tank. The report analyzed the relationships between capital spending…


RJ Seeks to Add 23 Planes to its Fleet – Report

Royal Jordanian is in talks with plane manufacturers to add up to 23 narrow-body aircraft to its fleet, the carrier’s CEO Stefan Pichler told The National. “We are now in the process of a fleet rollover in the short-haul ……

atomic energy

JAEC says Nuclear Program Cost JD112 Million

Approximately JD112 million were spent between 2008 and 2017 on developing the Kingdom’s nuclear energy program, the Jordan Atomic Energy Commission (JAEC) said in a new report. A large proportion of this figure was spent on local expertise as well…

Latin America

Dubai Launches New Trade Tango with Latin America

Dubai is making major moves to strengthen and diversify trade ties with Latin America. As part of its $27 million campaign to promote trade ties between Dubai and South America, the Dubai Chamber of Commerce and Industry (DCCI) opened its…

Middle East Car of the Year 2018

Volvo beat off some tough competition to take the top prize at the region’s premier car awards in Abu Dhabi. Volvo triumphed at the Middle East Car of the Year (MECOTY) in Abu Dhabi. The Swedish manufacturer’s XC60 was awarded…

financial fraud

Regional Financial Fraud Jumps – Survey

The number of regional firms reporting incidents of financial fraud rose to 34 percent from 26 percent over the past two years, according to a PwC survey. Asset misappropriation, business misconduct, and fraud committed by consumers are the three most…