Tag: Finance

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…

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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…

Iran Nuclear Deal Set to Boost Dubai Economy

Iran’s nuclear deal with world powers is expected to create a raft of trade and investment opportunities for Dubai, which is widely seen as Tehran’s stepping stone to global markets. Iran’s nuclear deal, announced on July 14, allows Tehran to…

Jordan Secures $3 Billion ITFC Import Loan

Jordan has signed up to a five-year, $3 billion loan package with the International Islamic Trade Finance Corporation (ITFC) to finance the import of energy and food staples. Minister of Planning and International Cooperation Imad Fakhoury said the country’s private…

Lending to the Little Guy

The growth of small and medium businesses continues to be hindered by a lack of access to finance. But could recent initiatives change this? By Jane Hosking Growing an SME without access to finance is no easy task. Just ask…

Easing Investment in Iraq

Momentum seems to be building behind Khaled Kanaan’s ambitious plan to break down barriers of entry into Iraq to promote greater cross-border trade, investment, and cooperation. But the prominent Jordanian businessman admitted that convincing more of his peers to bet…

Jordan Expected to Issue Debut Sukuk

Jordan said last month it was going to issue its first ever sovereign sukuk, or sharia-compliant bonds, soon. The long anticipated issuance is expected to rake in some JD400 million to finance real estate projects, a source familiar with the topic…

Sukuk Market Set for Lift-Off

With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…