Tag: Economy

Samsung Galaxy

Picture Perfect with the all new Samsung Galaxy A8

The all new Samsung Galaxy A8 As smartphone standards evolve and the market for affordable, yet advanced smartphones continues to grow, Samsung has introduced the new Galaxy A8: a dynamic smartphone with a mid range price tag. The  Samsung Galaxy…

Dubai: Year in Review 2017

Increased activity in trade, tourism, and construction paved the way for another year of growth in Dubai, with momentum expected to continue through 2018 as the emirate’s preparations for Expo 2020 shift up a gear.   Dubai’s economy looks set…

ILO: Global Unemployment to Remain High in 2018

  As the global economy recovers but fails to keep up with an ever-growing labor force, global unemployment in 2018 is projected to remain at a similar level to last year’s, according to the World Employment and Social Outlook: Trends 2018, a…

real growth

Reasons for Cheer in 2018

After a decade or so in the doldrums, things are finally looking up for Jordan’s economy. Evidence from both the global and regional arena warrant saying that Jordan is moving towards a growth cycle, leaving the bottleneck of the last…

tax

Tax Evasion Crackdown

Jordan is tackling its budget deficit by going after tax dodgers as well as reducing the basket of goods covered by subsidies. At the beginning of October, Prime Minister Hani al Mulki said new changes to the Kingdom’s tax code would…

Turkish Airlines

Flying Properly

Turkish Airlines recently invited regional media channels and social media activists to explore Slovenia and Croatia and Venture was among them.  The cooperation between the Turkish Airlines, Slovenian Tourist Board, the Croatian National Tourist Board, the Zagreb Tourist Board, the…

national drive

Jordan Targets Small Business Growth

A national drive to boost support for Jordan’s SMEs is gaining pace, spearheaded by increased access to finance and plans to garner a more business-friendly operating environment. In June the World Bank and the Central Bank of Jordan (CBJ) announced…

The IMF on Lifting Subsidies on Bread

IMF Opposes Lifting Bread Subsidies

The International Monetary Fund (IMF) said it doesn’t recommend lifting subsidies on bread in Jordan, a controversial step the government is considering in an effort to balance its budget. “The IMF does not recommend lifting bread subsidies and does not…

Recalibrating the Economy

Given Jordan has a well-educated labor force, why is its GDP so low, why does it struggle to add economic value, and why does it have a chronic trade deficit? By Laith al Qassem Typically, the higher the level of…