Tag: Funding

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…

Venture at 10: Fadi Ghandour

Fadi Ghandour, Former CEO of Aramex Date of Interview: April 2013 After three decades as CEO of Aramex, the logistics company he founded in 1982, Fadi Ghandour surprised the business world when he announced he was stepping down. In recent…

ReserveOut

ReserveOut Raises $4 million in Latest Funding Round

ReserveOut, the leading online restaurant reservations platform and table management system provider in the Middle East and other growth markets, just announced a Series A raise of over $4 million led by regional VC firm Silicon Badia with the participation…

Making the Pledges Count

Jordan was thrown a lifeline at February’s international donor conference for Syrian refugees. But for the billions of dollars pledged to make a lasting impact, they must be spent on genuine long-term economic development. By Osama Al Sharif We could all…

The London Conference for Syrian Refugees

Rethinking Relief

As part of efforts to make the Syrian refugee response more sustainable, the WANA Institute is throwing its weight behind a plan that promises to create thousands of jobs for Syrians and help develop Jordan’s economy at the same time. …

MadfooatCom: Paying the digital bills

Having set about transforming the way Jordanians pay their bills via its e-Fawateer platform, online payment company MadfooatCom now has its sights set on regional expansion. By Rebecca Irvine When Nasser Saleh returned to Jordan after several years of working…

Remuneration

The Right Remuneration

Deciding what salary they should pay themselves can be one of the trickiest questions that founders face. By Rebecca Irvine While Emile Cubeisy, managing partner at venture capital firm Silicon Badia, believes there’s no clear cut answer to how big…

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…

Budget 2016: The Numbers Don’t Add Up

The forecasts contained within the government’s recently-unveiled 2016 budget bill fail to convince. By Khalid W. Wazani The government has yet again built a budget based on unrealistic assumptions. In 2016, the government expects a real growth rate of 3.7…