Tag: Aqaba

Saudi Arabia

Venture Explains: NEOM

As part of its drive to reduce its overwhelming dependence on oil exports, Saudi Arabia is planning to build NEOM, a $500 billion, 26,500 square kilometer business zone and industrial site. How will it operate? It will be powered entirely by…

project

Breathing Life into the Badia

An ambitious project is underway to make Jordan’s arid areas bloom again while creating a new green economy in the process. By Nada Atieh The Sahara Forest Project is a Norwegian social enterprise that aims to bring together the latest…

shipping

All At Sea

Nadia Shahin, general manager at Amin Kawar & Sons Co., talks about Jordan’s shipping industry, its potential, and global trends. How has the shipping industry been in the past few years? By all accounts, shipping is in a state of…

Marseille

The Marseille Week in Aqaba by Panmed Events

Panmed Events, a Jordanian company that encourages French and European investments in Jordan’s organizing the Marseille Week in Aqaba from October 16 to 22, 2017 under the patronage of H.E. Mr. Nasser Shraideh, Chief Commissioner of Aqaba Special Economic Zone. Panmed…

Muin Qadadeh, Manseer’s deputy chairman

Manaseer Plans $1 billion Integrated Potash and Phosphate Facility

The Manaseer Group recently signed a land lease agreement with the Aqaba Development Corporation (ADC) to build an integrated potash and phosphate complex at the Red Sea resort. Muin Qadadeh, Manseer’s deputy chairman, said the facility, which is set to…

real growth

What Must Be Done

Economy of Jordan State When it comes to grappling with the perilous state of Jordan’s economy, there are many factors which are out of the government’s control. But there are modest steps it can immediately take to set the country…

Honeywell

Honeywell UOP to Support $1.6 Billion Refinery Expansion Project

Honeywell UOP last month signed an agreement with the Jordan Petroleum Refinery Company (JPRC) to support a $1.6 billion expansion of its refinery in Zarqa. This expansion will increase the capacity of Jordan’s sole refinery to 120,000 barrels per day…

Renewable Energy

Green Investment Growth

Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…

Eagle Hills Add W Hotel to its Growing Portfolio

Eagle Hills is eyeing a 2017 launch for its multi-million dollar Abdali development, which will include one of the region’s few W hotels. By Dina al-Wakeel A 280-room W hotel will form the centerpiece of a new $200 million development…