Tag: GCC

Azkadenya Eyes Regional Expansion

As part of an aggressive regional expansion drive, Jordan’s Eat Restaurant Group opened a flagship branch of its popular Azkadenya chain in Dubai last month. The new branch, which is located in a shopping mall in the city’s high-end Jumeirah…

Timeless Timepieces

Officine Panerai is confident its luxury timepieces face no threat from smartwatches. By Jane Hosking By creating a $17,000 edition of its new tech-laden timepiece, Apple is making an audacious grab at the multimillion dollar luxury watch market. But Officine…

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…

Going Global with Globitel

Since helping lay the foundations of Jordan’s technology industry, Globitel has steadily expanded its reach into international markets. By Elisa Oddone Starting with voicemail services in 1996, Jordanian telecom solutions provider Globitel has evolved into a regional tech leader with…

Full Growth for MENA Internet in 2015

These are exciting times for MENA’s online industry. Traditional sectoral investors are starting to worry about the impact of low oil prices, a potential slowdown in construction and real-estate, and eroding margins in telecom and banking. On the other hand,…

Sometimes the Glass Can Be Half Empty

We must learn to temper optimism with a little pessimism to successfully tackle the daunting challenges that lay ahead. By Nader Museitif It’s easier to be an optimist; you worry less, maintain a normal blood pressure, and handle things as…

Cheap Oil: Boon or Bane?

Tumbling oil prices might be a double-edged sword for Jordan. By Yusuf Mansur Jordan, which imports 97 percent of its energy, and the wider Middle East are bound to feel the impact of falling oil prices soon. The price of…

Standard Chartered Upbeat on Economy

Standard Chartered dispatched some of its top regional analysts to Amman last month to brief its clients on the bank’s macro-economic outlook for Jordan and the wider region. Their overall assessment was fairly sunny, despite the obvious challenges that continue…

The Brotherhood’s Economic Plan

With the release of a 500-page manifesto aimed at solving Jordan’s economic problems, the Muslim Brotherhood wants to be known for more than just its efforts to Islamize the society. But how convincing is its economic vision? By Elisa Oddone…

How Low Can Oil Go?

The oil market’s reaction to America’s renewed military operations in the Middle East has been counter to normal expectations. Rather than rise in price, Brent dropped from $115 in June to below $100 in September. How can this correction be…