Tag: Banking

Banking Sector Ripe for Consolidation

With no less than 25 competing groups, Jordan’s banking sector could benefit greatly from a little consolidation. By Jawad J. Abbassi A common measure for market concentration is the Herfindahl–Hirschman Index, or HHI. It’s defined as the sum of the…

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…

Lending to the Little Guy

The growth of small and medium businesses continues to be hindered by a lack of access to finance. But could recent initiatives change this? By Jane Hosking Growing an SME without access to finance is no easy task. Just ask…

Easing Investment in Iraq

Momentum seems to be building behind Khaled Kanaan’s ambitious plan to break down barriers of entry into Iraq to promote greater cross-border trade, investment, and cooperation. But the prominent Jordanian businessman admitted that convincing more of his peers to bet…

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…

Sukuk Market Set for Lift-Off

With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…

Full Growth for MENA Internet in 2015

These are exciting times for MENA’s online industry. Traditional sectoral investors are starting to worry about the impact of low oil prices, a potential slowdown in construction and real-estate, and eroding margins in telecom and banking. On the other hand,…

Jordan’s Top Businesswomen: Nadia Al Saeed

This feature is part of a series highlighting some of the most prominent Jordanian businesswomen who managed to climb to the top of the corporate ladder in their respective fields in the Kingdom. Bank al Etihad General Manager Nadia al Saeed assumed the position…

Citibank – 40 Years in Jordan

Citi is marking its fortieth year of operating in Jordan. The Kingdom’s important banking sector has changed a great deal over this time, but the financial giant appears to have adapted and thrived under the most challenging of circumstances. By…