Tag: development

forecasts

Economic Forecasts and Predicting Growth

While certainly useful, economic forecasts shouldn’t distract decision makers from pursuing sound economic strategies. In a recent report, the World Bank Monitor said Jordan’s maximum real growth this year was unlikely to exceed 2.4 percent. While the average outlook over…

Green City

EBRD Partners With GAM to Make Amman a Green City

The European Bank for Reconstruction and Development has signed a memorandum of understanding with the Greater Amman Municipality to fund projects that aim to ensure the capital’s sustainable growth. Under the agreement, which was signed by Amman’s Mayor Yousef al Shawarbeh…

wastewater

Irbid Wastewater Network to be Co-Financed by EU

The European Bank for Reconstruction and Development (EBRD) said the EU has agreed to co-finance a multi-million euro project to construct new wastewater network in Irbid, a city that has been forced to absorb thousands of Syrian refugees over recent…

infrastructure investment

EBRD Finances Infrastructure Investment Program

The European Bank for Reconstruction and Development (EBRD) has signed a preliminary agreement with Jordan to finance an infrastructure investment program worth 2.8 billion euros. “This memorandum of understanding further cements the cooperation between the EBRD and the government of…

Development

Banking on Development

The regional head of the European Bank for Reconstruction and Development, Heike Harmgart, explains why the EBRD has pledged to invest 1 billion euros in infrastructure projects in Jordan. The European Bank for Reconstruction and Development (EBRD) held its first annual meeting…

Tamatem: A Jordanian success story

A promising company started working in the field of mobile games in 2013 and is valued at more than $8 million today. Here’s a look at Tamatem, a Jordanian mobile gaming company. Analysts and experts agree that mobile games is…

Porto Dead Sea

Launch of Deliveries for first Phase of “Porto Dead Sea”

Porto Dead Sea has launched the first phase of the Dead Sea Porto project, which includes 439 apartments ranging in size between 52 and 76 m2, surrounded by a serviced area including shopping centers and a wide range of International…

Cadillac

Cadillac Introduces First-Ever XT4

All-new compact SUV delivers more for a new generation of luxury buyers “Cadillac XT4” At Cadillac House in Manhattan today, Cadillac unveiled the first-ever XT4,an all-new compact SUV tailored for the next generation of luxury customers. Developed on an exclusive compact…

Quattroporte

The original race-bred luxury sedan

From its debut in 2013 until the first quarter of 2017, the flagship Maserati Sedan has been delivered to 31,400 customers in 69 countries, making it the best-selling Quattroporte in history. The exterior of the Quattroporte was elegantly restyled for 2017…