Tag: development

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…

IDG Consultancy Commits to Jordan

Inspirational Development Group (IDG), the global leadership and management consultancy, is set to reinforce its presence in Jordan by opening a full-service office. By Jane Hosking Inspirational Development Group isn’t new to Jordan. For the last six years, the international…

Venture Explains: Volkswagen’s Defeat Device

What is it? Volkswagen has admitted to cheating official emissions tests in the United States. The Environmental Protection Agency found that certain diesel engines made by Volkswagen were fitted with a so-called defeat device. The piece of computer software senses…

Liwwa: Looking to Lend More

After securing a crucial round of funding from investors, CEO of peer-to-peer lender liwwa says he’s ready to further expand the platform’s reach across the region. By Jane Hosking The region’s SMEs have long had a hard time securing finance,…

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…

Abdali Mall Company signs contract with Sunrise Facilities Management

Abdali Mall Company announced the signing of an agreement with Sunrise Facilities Management that covers facility management services throughout the premises of Abdali Mall, moving this highly anticipated project ever closer to its operational phase, due in April 2016. Sunrise Facilities Management…

UN Launches New Global Development Goals

A new 15-year global development strategy was recently launched by the United Nations with the aim of ending poverty, promoting prosperity and people’s wellbeing, while protecting the environment. The 17 Sustainable Development Goals (SDGs), also known as the 2030 Agenda or…

King Hussein Business Park – The Pulse of Business

Jordan’s leading tech park is readying a major expansion plan that aims to attract new investments worth billions. The King Hussein Business Park (KHBP) has long been a crucial part of Jordan’s plan to become a regional technology center. The…

refugee crisis

The Refugee Crisis: Don’t Forget Jordan

Europe’s refugee crisis shouldn’t blind the international community to the heavy economic toll the Syrian conflict is having on Jordan. By Khalid W. Wazani Two years ago, the Ministry of Planning and International Cooperation joined forces with the United Nations…

EBRD Loans $21 million to Al Jazeera Agricultural Company

In an effort to foster economic development in rural areas of Jordan, the European Bank for Reconstruction and Development (EBRD) has loaned $21 million to the Al Jazeera Agricultural Company to help expand and upgrade its facilities. The investment will…