Tag: Aqaba

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…

Tractebel Marks 10 years in Jordan

Marc Lepièce, general manager of the power and gas division of global engineering consultancy Tractebel, said his company is proud of its 10-year cooperation with Jordan crowned by the construction of the country’s gas transmission network. Now Brussels-based Tractebel is…

Jordan Starts Offering Unified Tourist Site Ticket

In a move designed to boost visitor numbers to Jordan, the Ministry of Tourism has begun offering tourists the chance to buy a single ticket that gives them access to most of the Kingdom’s major archaeologist sites and museums. The…

Into the Deep: Freediving in Aqaba

Some consider freediving to be too risky. But if taught properly, this seemingly extreme sport can be truly exhilarating. By Jane Hosking To most people, the idea of diving deep underwater for lengthy periods of time without scuba gear sounds…

Hilton’s High Hopes for Dead Sea Resort

Hilton’s regional chief says his new Dead Sea resort will be open this summer, ready to take on the competition in Jordan’s increasingly competitive hospitality market. Hilton is set to expand its presence in Jordan this summer with the opening…

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…

GDP to Grow 4 Percent in 2015 – QNB

Despite a difficult regional context, the Qatar National Bank (QNB) Group said it expected Jordan’s real GDP growth to reach 4 percent over 2015, accelerate to 4.3 percent in 2016, and 4.5 percent in 2017. Jordan’s economy would continue to…

Hotel Electricity Rate Cut: A Misguided Move

The decision to slash electricity rates for hotels won’t do anything to solve the crisis in Jordan’s tourism sector. By Jawad J. Abbassi Jordan’s tourism sector plays an important role in the Kingdom’s economy. According to the Ministry of Tourism…

Red Sea-Dead Sea Project: Too Little, Too Late?

The $950 million Red Sea-Dead Sea conveyance project has finally been given the go-ahead. While it will likely save Jordan money and provide it with much-needed fresh water, doubts remain about whether it can save the fast-shrinking Dead Sea over…

Sailing Ahead

Despite regional turmoil, Maersk Line’s Anne Gronbjerg says Jordan continues to show promise. The Maersk Line service that stops off at the Port of Aqaba has faced many challenges over the years. But Anne Gronbjerg, the Danish shipping giant’s managing director for…