Tag: energy

Think Tank Questions Effectiveness of NEPCO Rescue Plan

A new Identity Center report has questioned the effectiveness of the National Electric Power Company’s (NEPCO) cost recovery strategy, after it found a recent round of electricity tariff hikes failed to drag the publicly-owned company out of debt, but led…

A Necessary Loan

As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…

QRCE: A Decade of Startup Support

The Queen Rania Center for Entrepreneurship (QRCE) is marking its tenth anniversary by taking stock of past achievements and preparing for a future packed with exciting new ideas to develop. By Jane Hosking The QRCE, based out of Princess Sumaya…

Nuclear Giving Way to Renewables Globally – Study

While Jordan is moving forward with its controversial nuclear energy program, a new study said solar energy added 26 percent more electricity to the global grid than nuclear last year. The latest edition of the World Nuclear Industry Status Report, which…

Fund Activates JD25 Million for Renewable Energy Projects

The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) said it has given the green light for the disbursement of JD25 million to provide financial and technical assistance to sustainable energy projects through to 2018. The fund, which is a branch…

Autumn Launch for First Wind Farm

Jordan’s first utility-scale wind project is set to begin operating in September, said the head of the company behind the pioneering project which aims to help diversify Jordan’s energy basket away from its overwhelming reliance on expensive fossil fuels. Jordan…

SESAME: A Scientific Step Forward

Jordan has never excelled at scientific study. But a newly revamped, first-of-its-kind research facility could change that. By Elisa Oddone When discussing Jordan’s efforts to develop a knowledge-driven economy, the important role research and development can play is too often…

Samsung Back to its Best

After tripping up with the underwhelming Galaxy S5, Samsung are back on top of their game with their latest flagship smartphones, the S6 and S6 Edge. By Sadad Talhouni Samsung’s Galaxy line has been on a downhill trajectory following 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…