Category: Investment

Jordanian Property Buyers in Dubai: the Reality Behind the Stats

Even though the statistics show Jordanians are snapping up millions of dollars worth of Dubai real estate, it doesn’t mean cash is flooding out of Jordan to do so. By Jawad J. Abbassi Dubai’s property market has rebounded well from…

The 4G Fight Begins

With the recent issuance of a 4G license to Umniah, the battle for market share amongst Jordan’s big three mobile operators is set to get livelier than ever. Increased competition should prove a boon for consumers in terms faster Internet…

OBG on Subsidy Cuts: Light at the End of the Tunnel?

They’ve been painful, but there are signs subsidy cuts may have started to bear fruit. The Jordanian government’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of…

Setting Priorities in the Electricity Sector

Jordan’s struggling electricity companies should be more concerned with upgrading their grids than dishing out juicy dividends. By Jawad J. Abbassi Jordan’s electricity grid losses problem continued to mount in 2014. In the grids of Jordan Electricity Company and Irbid…

OBG: Regional Volatility Hits Tourism

A concerted drive is underway to reinvigorate Jordan’s important tourism sector that has been shaken hard by regional instability. Jordan’s all-important tourism sector is having a rough time of late. According to the Jordan Tourism Board (JTB), the number of…

Samih Darwazah: Losing a Legend

Samih Darwazah, the founder of Hikma Pharmaceuticals, died on Friday at the age 85. Long a towering figure in Jordan’s business community for creating such an important firm, he was also one of the country’s first pharmacists, and served both as…

Working Behind the Wall

Entrepreneurs should start using the economic barriers surrounding the MENA market to their own advantage. By Robert Carroll Sometimes I feel like there’s a high wall surrounding the Arab world. Not literally, of course, because people come and go all…

A World Divided

As we prepare to head into 2015, we find the world’s economies split between those ready for growth, and those teetering on the brink of recession. By Sameer Massis It was 160 years ago this month that Louis Pasteur stood…

Smartphone Generation

In case you hadn’t noticed, the MENA region is undergoing a mobile Internet revolution. By Khaldoon Tabaza What’s the biggest indicator related to the online market opportunity in the UAE and Saudi Arabia that beats all other developed and developing…

How Low Can Oil Go?

The oil market’s reaction to America’s renewed military operations in the Middle East has been counter to normal expectations. Rather than rise in price, Brent dropped from $115 in June to below $100 in September. How can this correction be…