Tag: Growth

real growth

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…

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,…

real growth

Budget Expectations

Whatever the government unveils in next year’s budget, policy makers should produce an economic blueprint that balances realism with ambition. By Khalid W. Wazani The government is due to unveil the details of its 2016 budget next month. The experience…

Sun Shines on Jordan’s EV Dream

With a deal in place to fit thousands of solar-powered charging stations around Jordan, the Kingdom looks set to embrace the electric car. By Laith Abou-Ragheb It might not seem obvious at the moment, but Jordan is gearing up for…

real growth

The Refugee Crisis: Don’t Forget Jordan

Europe’s refugee crisis shouldn’t blind the international community to the heavy economic toll the Syrian conflict is having on Jordan. By Khalid W. Wazani Two years ago, the Ministry of Planning and International Cooperation joined forces with the United Nations…

Nissan Kicks Up a Gear

Despite tough operating conditions, Nissan Middle East has been notching up record sales. By Ghaith Madadha Nissan Middle East sold a record-breaking 219,129 units in the 2014 financial year, up 3.3 percent on 2013. In Jordan, it managed to shift…

A Necessary Loan

As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…

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…

iMENA Group Invests in Real-Estate Technology House, JRD Group

iMENA Group, the leading operator of online businesses in the MENA region, today announced that Dubai-based technology enterprise, JRD Group, is a new member of its growing platform. JRD recently received an investment from iMENA which the company plans to…

real growth

Economic Reform: Are We on the Right Track?

As the government has learned from its deal with the IMF, ill-conceived economic reforms can often do more harm than good. By Khalid Wazani Economic reform is a process that should be evolutionary not revolutionary, gradual not instantaneous, comprehensive not…