Tag: Finance

Three- Quarters of Jordanians Not Banked- Report

Around 75 percent of Jordanians above the age of 15 still don’t have bank accounts, according to a new report from the Jordan Strategy Forum (JSF). The report from the economic think tank, which examined the state of financial inclusion…

investment

How to Really Aid Our Development

Rather than asking for more aid to keep a lid on the government’s self-inflicted budget deficit, we should be encouraging foreign governments to invest in economically viable infrastructure projects. Jordan has always been a well-deserved recipient of foreign aid. Having…

Jordan's new exchange

Jordan Looks to Reinvigorate Trading With a New Exchange

Jordan has launched a new over-the-counter (OTC) exchange as part of a series of initiatives to boost the competitiveness of the Kingdom’s capital markets. Jordan’s new OTC exchange is a by-product of two sets of regulations enacted earlier this year—the…

SMEs and the lack of financing

Lack of finance Chief Challenge Facing Companies – Report

Almost a third of Jordanian firms cited limited access to finance as the top obstacle to their operations, a recent report said. report, produced by the European Bank for Reconstruction and Development, the European Investment Bank, and the World Bank…

Staying Liquid

Staying Liquid

Knowing how much cash reserves your company needs to maintain is tricky, but balance is key according to Mohammad al-Karaki, partner at Ernst and Young Jordan. By Rebecca Irvine Cash reserves are a company resource like any other, and should…

Abdel Kareem Friehat, the head of operations and IT at Jordan Kuwait Bank

JKB Betting Big on Fintech

Rather than viewing growing interest in Fintech as a threat, many traditional high-street banks are trying to embrace the digital future. Abdel Kareem Friehat, the head of operations and IT at Jordan Kuwait Bank, said his bank is investing heavily…

Venture at 10: Sabih Al Masri

Venture at 10: Sabih al-Masri

April marked the tenth anniversary of Venture. Over the past decade, we’ve strived to capture and convey the many events and issues that have combined to shape Jordan today. While Venture has been on the newsstands, we’ve witnessed our economy boom…

Saxo Bank’s Predictions for 2016

Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set of ‘Outrageous Predictions’ for the year ahead. These are 10 unlikely, yet perhaps underappreciated, events that could have significant consequences on the financial landscape as…

Fintech and the Future of Banking

Fast growing fintech firms are forcing traditional brick-and-mortar lenders to adapt to new realities in the banking sector. By Zeid Nasser The term Fintech, which is short for financial technology, has emerged over the past few years to describe Internet-driven…