Tag: Growth

Capturing Investor Interest

The man responsible for boosting investor interest in Jordan is confident more FDI is on the way. According to the Central Bank of Jordan (CBJ), foreign direct investment in the Kingdom increased by 7.2 percent in 2017, reaching JD1,182 billion,…

Yahsat Delivers

Yahsat was founded in 2007 with a mission to connect people through satellite communications at an affordable price. “Social equality and economic security cannot be achieved without effective and affordable communication,” said Najat Abdulrahman, Executive Vice President of Global Strategic…

forecasts

Economic Forecasts and Predicting Growth

While certainly useful, economic forecasts shouldn’t distract decision makers from pursuing sound economic strategies. In a recent report, the World Bank Monitor said Jordan’s maximum real growth this year was unlikely to exceed 2.4 percent. While the average outlook over…

Green City

EBRD Partners With GAM to Make Amman a Green City

The European Bank for Reconstruction and Development has signed a memorandum of understanding with the Greater Amman Municipality to fund projects that aim to ensure the capital’s sustainable growth. Under the agreement, which was signed by Amman’s Mayor Yousef al Shawarbeh…

infrastructure investment

EBRD Finances Infrastructure Investment Program

The European Bank for Reconstruction and Development (EBRD) has signed a preliminary agreement with Jordan to finance an infrastructure investment program worth 2.8 billion euros. “This memorandum of understanding further cements the cooperation between the EBRD and the government of…

Development

Banking on Development

The regional head of the European Bank for Reconstruction and Development, Heike Harmgart, explains why the EBRD has pledged to invest 1 billion euros in infrastructure projects in Jordan. The European Bank for Reconstruction and Development (EBRD) held its first annual meeting…

The State of the Agricultural Sector in Jordan

The agricultural sector is considered one of the most important sectors contributing to Jordan’s economy. It’s importance is not only limited to creating farming jobs. It contributes to the Kingdom’s exports and GDP. What is the state of the Jordanian…

dead sea

More than skin deep

As a local cosmetic producer of skincare products based on Dead Sea minerals and plant extracts, Rivage has grown quickly since its inception two decades ago and now competes on an international platform. By Nada Atieh Rivage was brought to…

Tamatem: A Jordanian success story

A promising company started working in the field of mobile games in 2013 and is valued at more than $8 million today. Here’s a look at Tamatem, a Jordanian mobile gaming company. Analysts and experts agree that mobile games is…

The founding of Sigma Investments

Iman Mutlaq is an entrepreneur and financier. She founded Sigma Investments, and is our special guest on today’s Women in Business. Sigma Investments started operating in Jordan in 2006, most of its projects back then were in Iraq and Libya before…