Tag: Banking

Onine Banking

Jordanians Yet to Embrace Online Banking – Report

The use of electronic and mobile banking channels amongst Jordanians remains low for payment services, according to a new report from the Arab Advisors Group. While online banking was used by 14.6 percent of respondents who have a bank account,…

Venture at 10: Sabih Al Masri

Venture at 10: Sabih al-Masri

April marked the tenth anniversary of Venture. Over the past decade, we’ve strived to capture and convey the many events and issues that have combined to shape Jordan today. While Venture has been on the newsstands, we’ve witnessed our economy boom…

EMP Jordan CEO Hassan Mayassi

Embracing E-Payments

Set up to deliver electronic payment services to banks, retailers, governments, and the general public, EMP is now working to turn Jordan into a cash-free society. Changing any society’s habits takes time. Encouraging consumers to switch from using cash and…

Middle Eastern Mergers & Acquisitions reached US$4.7 billion in Q1 2016

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today released the quarterly investment banking analysis for the Middle East region. According to estimates from Thomson Reuters / Freeman Consulting, Middle Eastern investment banking fees reached US$178.2…

investment

Perhaps the Sky isn’t Falling

A rational evaluation of the state of the global economy is needed to counter the effect of the doom and gloom merchants causing jitters in markets. By Khalid W. Wazani Although in economic theory, prices are the main determinant of…

MadfooatCom: Paying the digital bills

Having set about transforming the way Jordanians pay their bills via its e-Fawateer platform, online payment company MadfooatCom now has its sights set on regional expansion. By Rebecca Irvine When Nasser Saleh returned to Jordan after several years of working…

Al-Qadi Family Buys Bristol Rovers Soccer Club

Jordan’s Al-Qadi family, the business tycoons and founders of the Arab Jordan Investment Bank (AJIB), has bought a 92 stake in England’s Bristol Rovers soccer club for an undisclosed sum. The new president of the 133-year-old, Division Two club will…

investment

Spotting Opportunities

Everyone agrees the coming year will be a tough one for the region’s economies. But some countries will fare much better than others because their decision makers were bold enough to seek out new opportunities and act upon them. By…

Fintech and the Future of Banking

Fast growing fintech firms are forcing traditional brick-and-mortar lenders to adapt to new realities in the banking sector. By Zeid Nasser The term Fintech, which is short for financial technology, has emerged over the past few years to describe Internet-driven…

Oasis500 Reaches For the Stars with New Tech Fund

Oasis500 has launched a new multimillion dinar venture fund which seeks to develop businesses based around space technologies. The startup accelerator’s Jordan Space Ventures Fund will provide funding and mentorship to entrepreneurs using technologies like satellite communication systems to tackle…