Tag: energy

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…

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…

GAM to Convert Waste into Energy

The European Bank for Reconstruction and Development (EBRD) has loaned the Greater Amman Municipality (GAM) $13 million to fund the construction of a landfill-gas recovery system which converts municipal waste into energy. The project, which is the first of its…

Volatility Is Good

Market volatility never really goes away. The trick is learning to adapt to it. By Nader Museitif This year has seen a good share of volatility, on both global and regional levels. The price of oil has dipped since the…

Tesla Home Battery: The Answer to Jordan’s Solar Energy Conundrum?

It’s pretty obvious that Jordan, an energy-poor country with almost year-round sunshine, is set to benefit greatly from advances in solar power technology. But even with the encouraging appearance of more and more photovoltaic panels on the roofs of homes…