Tag: Economy

Vocational Training Boost Needed – Al Qassem

If in the past Jordan’s education system was directed at encouraging students to embrace an academic path, now the pendulum must swing back towards vocational training, Arabian Business Consultants for Development CEO Laith al Qassem said during last month’s Educating…

World Refugee Day: Standing Together

With its long and proud history of taking in the displaced and dispossessed, Jordan has more reason than most to mark World Refugee Day on June 20. World Refugee Day once again gives us the opportunity to reflect on the…

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…

The Women Leading Lebanon’s Startups

Beirut is rapidly shaping up as a crucial player in the region’s startup scene. Venture spoke to four Lebanese female entrepreneurs who have made major headway in Lebanon, the region, and even the world with their startups and creations.  …

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…

Climbing Up

In the World Economic Forum’s recently published Global Competitiveness Report 2014-2015, Jordan managed to improve its position, moving up from 68 to 64 out of 144 economies. Margareta Drzeniek, director and lead economist, Global Competitiveness and Benchmarking Network, tells Venture…

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…

Leveraging the Potential of LinkedIn

If used correctly, LinkedIn can be a great way to advance your business and career prospects. By Jane Hosking While most professionals have a LinkedIn profile, few are aware of the networking website’s full potential to advance their career. Maria…