Tag: Funding

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,…

refugee crisis

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…

Entrepreneurs and Investors Meet at Endeavor Jordan’s DealMakers

At Endeavor Jordan‘s annual DealMakers event in Amman last month, entrepreneurs and potential investors were brought together for one-on-one speed networking sessions that aimed to give promising young companies a chance to pitch their ideas in a less formal setting…

Liwwa: Looking to Lend More

After securing a crucial round of funding from investors, CEO of peer-to-peer lender liwwa says he’s ready to further expand the platform’s reach across the region. By Jane Hosking The region’s SMEs have long had a hard time securing finance,…

Minister of Energy Ibrahim Saif on Future Fuels

Jordan’s energy minister is convinced sun and wind power hold one of the keys to energy independence. By Dina al-Wakeel Decision makers seem to have finally realized that part of the solution to Jordan’s pressing energy challenge lies in diversifying…

EBRD Loans $21 million to Al Jazeera Agricultural Company

In an effort to foster economic development in rural areas of Jordan, the European Bank for Reconstruction and Development (EBRD) has loaned $21 million to the Al Jazeera Agricultural Company to help expand and upgrade its facilities. The investment will…

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Do We Need Another Public Service Broadcaster?

Questions concerning editorial independence, funding, and audience demand need to be asked about plans for a new public service broadcaster. By Osama Al-Sharif The government is pushing ahead with plans to launch another public service broadcaster that will consist of…

Online Encyclopedia Mawdoo3 Receives $1.5 Million in Funding

Online Arabic content was given a boost last month with the announcement that Jordanian startup Mawdoo3—a Wikipedia-like online Arabic encyclopedia—received $1.5 million in Series A funding from Dubai-based investor EquiTrust. Initially founded as a student project in 2010, Mawdoo3 quickly…

Zoomaal Leads MENA Crowdfunding Revolution

Lebanese crowdfunding platform Zoomaal is helping hundreds of exciting and innovative ideas get off the ground across the region. By Elisa Oddone Since it was launched in 2013, Beirut-based Zoomaal has quickly asserted itself as one of the region’s leading…