Category: News & Views

solar Plant

EBRD Provides a $22 Million Loan for Solar Plant

The European Bank for Reconstruction and Development (EBRD) said it provided a $22 million loan for the construction and operation of a 50 MW solar plant in the Risha region, 300 kilometers north-east of Amman. The loan will be provided…

Etihad

Etihad to Launch Second Daily Flight Between Abu Dhabi and Amman

Etihad Airways is launching a second daily flight between Abu Dhabi and Amman in March. “The double daily year-round schedule will provide greater choice to local passengers traveling between Abu Dhabi and Amman, with attractive timings of early afternoon and…

Airport International Group

Airport International Group: Second Decade of Success

CEO Kjeld Binger, leads Airport International Group into a 2nd decade of success.  Airport International Group is marking a decade of managing Jordan’s prime gateway to the world, Queen Alia International Airport. Since assuming responsibility for the rehabilitation, expansion and operation…

startup program

Endeavor Jordan and Silicon Badia Launch USAID-Funded Startup Program 

Endeavor Jordan and Silicon Badia last month launched a new startup program that’s backed by a $10 million USAID fund and aims to support Jordanian entrepreneurs, fund managers and angel investors. BeyondCapital will work to “leverage capital, expertise and access…

economic growth

Senior Banker Eyes Continued Global Economic Growth

With rising corporate and consumer confidence in most major economies and little upward pressure on prices, global economic growth is expected to continue, said Chief Economist and Strategist Xavier Denis at the Societe Generale private banking conference in November. The…

Groupe ADP

France’s Groupe ADP in Talks to Buy Queen Alia International Airport Operator

French airports operator Groupe Aeroports de Paris (ADP) said it has begun exclusive negotiations to acquire Airport International Group (AIG), which runs Jordan’s Queen Alia International Airport (QAIA). “Groupe ADP, in consortium with Meridiam and ASMA Capital Partners B.S.C., enters…

Lada brand

Lada Returns to Jordan

The Russian automobile manufacturer AvtoVAZ has relaunched the Lada brand in Jordan after a 20-year absence. The model line up that will be featured in the new showroom will include the Vesta five-door sedan, Lada Granta, the 3-door and 5-door…

Jordanian manufacturers

EU Export Guide Launched for Jordanian Manufacturers

A new how-to guide has been launched for Jordanian manufacturers wanting to start exporting to the European Union, which recently eased its rules of origin for products made in the Kingdom as part of efforts to mitigate the impact of…

Network International

EMP Rebrands as Network International

Emerging Markets Payments-Jordan (EMP), the fintech company behind online billing service eFawateerCom, has been rebranded as Network International as part of its sale to the UAE-based payment solutions provider. “I believe that we have reached a stage in the market…