Category: News & Views

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…

school

Trusting in Transport Tech

The Technology-based transportation solutions springing up in countries across the world can only thrive with adequate public and private sector support. From global ride-hailing platforms to regional and local apps for carpooling or for making public transport more reliable, entrepreneurs…

fake news

Hands Off the Fund

Any attempt by the government to tap the billions held by Social Security Investment Fund would have dire political consequences. After weeks of confusion and controversy, Prime Minister Hani al-Mulki publicly affirmed in April that his government does not seek…

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…

startup

Tunisia Strengthens Startup Scene through ‘Startup Act’

Tunisia’s parliament has just voted to adopt a groundbreaking piece of legislation that will broaden and strengthen the country’s startup community. Other Arab states should take note. While Tunisia is best known over recent years for successfully adopting a series…

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…

retail

Retail Giants: The Age of Amazon

Despite Trump’s tweets, there’s little stopping the onward march of Jeff Bezos’s technology giant. Compared to the retail giants of the world, Amazon is bigger than the 13 combined global retailers including the likes of Walmart, Costco, Target, Tesco and…

Marriott International

Marriott International Opens in W-branded Hotel in Amman

The Marriott International opened its first W-branded hotel in Jordan last month. Developed by Eagle Hills Jordan, the 280-room, 37-story branch in Amman features seven floors of serviced apartments and a helipad, Eagle Hills Jordan announced. The hotel is located…

forecasts

Economic Forecasts and Predicting Growth

While certainly useful, economic forecasts shouldn’t distract decision makers from pursuing sound economic strategies. In a recent report, the World Bank Monitor said Jordan’s maximum real growth this year was unlikely to exceed 2.4 percent. While the average outlook over…