Category: News

Climate Change to Damage Low-Income Economies – Report

Climate change will cause serious long-term damage to the economies of low-income countries, according to new research published in the IMF’s latest World Economic Outlook (WEO). The evidence for rapid climate change is compelling and estimates suggest a 1°C increase…

Altibbi Health Platform Wins $6.5 Million Funding

Altibbi, the Amman-based health consultation platform, has raised $6.5 million in a new round of funding led by DASH Ventures and Middle East Venture Partners, along with strategic investors TAMM, RIMCO Investments, Endeavor’s Catalyst Fund and other undisclosed investors. The…

Job Creation Leaps 50 percent in H1

The number of jobs created during the first half of 2016 increased by 50 percent compared to the same period the previous year, according to recent figures by the Department of Statistics. The DoS said 26,000 jobs were created during…

Embrace Online Education- Edraak

Calls for the greater adoption of digital learning methods were made during a regional conference recently organized by Edraak, the not-for-profit online education platform. “The idea is that instead of focusing on the transfer of knowledge in the classroom which…

Three- Quarters of Jordanians Not Banked- Report

Around 75 percent of Jordanians above the age of 15 still don’t have bank accounts, according to a new report from the Jordan Strategy Forum (JSF). The report from the economic think tank, which examined the state of financial inclusion…

Arab Potash Corp

Canada’s PotashCorp Looks to Sell Stake in Jordan’s APC

Canadian PotashCorp is looking for a buyer of its shares in Arab Potash Company (APC), which it is forced to sell as part of a merger agreement, said the company’s President and CEO Brent Heimann. Last year, Potash Corp and…

Soft Opening for Fairmont Amman

Fairmont Amman Hotel is now welcoming guests after its soft-opening earlier in the summer. The city’s latest luxury hotel has 16 floors, 317 rooms and suites, nine meeting rooms and one ballroom. It also has a spa and health club,…

Jordan Slips Down Global Competitiveness Table

Although its score remained unchanged, Jordan slipped from 63 to 65 in the newly published World Economic Forum’s Global Competitiveness Index (GCI) report. The report said Jordan benefited from a relatively efficient institutional system and strong infrastructure, innovation, and business…

The iPhone 8 and 8 Plus

iPhone 8 – Apple’s Also-Ran?

The iPhone 8 and 8 Plus, two of the three smartphones released in Apple’s 2017 lineup, went on sale last month but have been met with low demand. “The iPhone 8 and 8 Plus are virtually perfect phones. And yet…

Job Creation Leaps 50 Percent in H1

Job Creation Leaps 50 Percent in H1

The number of jobs created during the first half of 2016 increased by 50 percent compared to the same period the previous year, according to recent figures by the Department of Statistics. The DoS said 26,000 jobs were created during…