Tag: Economy

Jordan’s Top Businesswomen: Shermine Dajani

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. Founder and CEO of PanMed Energy Shermine Dajani is the founder…

Food Prices to Drop by 20 to 30 percent – JCC

Food prices in Jordan are projected to decline this year by 20 to 30 percent, according to Raed Hamadeh, the food sector representative at the Jordan Chamber of Commerce (JCC). The price drop, which is largely due to the decline…

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…

Yousef Mansour Petra

Trashing Petra Tourism

The ludicrously high garbage collection fees charged to struggling Petra hotels is just another example of the government’s myopic approach to raising revenue. By Yusuf Mansur On its website, the Petra Development and Tourism Region Authority describes itself as a…

Growing to Compete

Amman’s Kempinski is undertaking a major expansion to take on growing competition in the capital. By Elisa Oddone A string of new five star hotels are due to open in Amman in the near future, sharply raising the competitive stakes…

Electricity: Rebalance, Don’t Hike

The government’s plan to increase electricity rates across the board will damage both its credibility and the economy. By Jawad J. Abbassi The rapid drop in oil prices, by over 60 percent since the summer, is a game changer for…

Cash Subsidies Missing the Mark – Report

A significant number of poor Jordanian households are losing out because the targeting mechanism for the Kingdom’s cash subsidy program isn’t accurate enough, an Identity Center report said. The report by the development think tank found that the targeting method,…

Too Little, Too Late

Too many entrepreneurs fall into the trap of releasing underwhelming products that have already missed the proverbial boat. By Robert Carroll An all too common mistake made by entrepreneurs is to create a product that’s only marginally better than its existing…

A Crisis Costing Billions

The Syrian civil war, coupled with the spread of ISIS, has so far cost countries in the region over $33 billion, according to a World Bank report. The policy research working paper quantifies the direct and indirect economic impact of…

Our Passage to India

As India and Jordan mark 65 years of relations this month, New Delhi’s ambassador to the Kingdom hopes political and economic ties between the two countries will grow even deeper. By Jane Hosking This month marks 65 years since the…