Tag: energy

investment

Countdown to NEOM

Saudi Arabia’s planned $500 billion NEOM mega-city could easily become one of the most important economic development projects in the MENA region. And Jordan would have an important part in making it a success. The wildly ambitious NEOM business and…

Increasing Wheeling Fees a Set Back for Renewables Sector-EDAMA

Increasing Wheeling Fees a Set Back for Renewables Sector-EDAMA

Sustainability NGO EDAMA slammed a proposed increase in wheeling charges of up to 400 percent as an unjustifiable move that aims to obstruct renewable energy projects. The government is currently considering hiking wheeling charges from 1.1 piasters to 4.5 piasters,…

Shermine Dajani – Head of Panmed Energy

Succeeding Against the Odds: Shermine Dajani

Shermine Dajani – Head of Panmed Energy A multinational business executive with over 40 years of experience, Shermine Dajani’s strategic planning and business development credentials are backed by an extensive experience in Europe, the United States, and the Middle East….

Attarat Power Co (APCO) oil shale

Attarat Secures Financing for Oil Shale Power Plant

Attarat Power Co (APCO), a Jordanian affiliate of Estonian-owned Enefit, last month said its plan to construct a $2.1 billion oil shale-fired power plant in Jordan had secured financing from a consortium of Chinese banks. The 470-megawatt plant is now…

Issa Murad, Chairman of the Amman Chamber of Commerce, on energy price cuts

Businesses Welcome Energy Bill Cut

The Amman Chamber of Commerce said the government’s recent decision to lower energy prices for businesses across several sectors should significantly boost their competitiveness and revenue. The chamber’s chairman, Issa Murad, welcomed the move, calling the high cost of energy…

Gas App

New App Offers On-Demand Gas Cylinders

A young Jordanian entrepreneur has created a new app that delivers gas cylinders to homes. Fifteen-year-old Fares Abu-Shehab said his Jarra app should help save families the time and effort that would otherwise be spent on searching for gas distributors…

Jordanian Entrepreneur Helping Shape the Energy Market of The Middle East

Jordanian Entrepreneur Helping Shape the Energy Market of The Middle East, Abdullah Abu-Sheikh is a Jordanian entrepreneur based between Africa and the Middle East. Abu-Sheikh graduated from a university in Canada with a degree in International Business, Finance and Banking…