Tag: Gulf

ArabiaWeather to Fund Expansion With $7 Million Investment

ArabiaWeather, Jordan’s popular privately-owned weather website, recently raised $5 million in funding that will be used to fund a major expansion drive. Mohammed al Shaker, ArabiaWeather’s founder and CEO, said the investment deal was led jointly by Silicon Badia and…

The Insurance Sector: Dealing with the Disarray

A recent buyout in Jordan’s fragmented and overcrowded insurance sector could mean some much needed market consolidation is finally underway. But even so, big challenges still loom large. By Dina al-Wakeel Over the summer, First Insurance, which provides services based…

Bringing them Back: Boosting Jordan’s Ailing Visitor Numbers

Sapped by continuing conflict in surrounding countries, Jordan’s tourism sector has seen better times. But the Kingdom’s Tourism Minister Nayef al-Fayez is leading an ambitious drive to encourage visitors to return. By Elisa Oddone In the new science fiction epic…

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…

Jordanian Property Buyers in Dubai: the Reality Behind the Stats

Even though the statistics show Jordanians are snapping up millions of dollars worth of Dubai real estate, it doesn’t mean cash is flooding out of Jordan to do so. By Jawad J. Abbassi Dubai’s property market has rebounded well from…

Construction Woes

The head of Jordan’s contractors association says his members are starting to suffer due to a downturn in their sector. By Dina Al Wakeel According to the Department of Statistics, the number of building licenses issued during the first five…

Kjeld Binger, CEO of Airport International Group (AIG)

QAIA: Flying High

In the space of a few years, Queen Alia International Airport (QAIA) went from being one of the region’s worst regarded aviation hubs to one of its best. How did they do it? Earlier this year, QAIA was voted the…

Latin America

Global Interest Growing in Gulf Real Estate Projects – Deloitte

A growing number of international construction firms, particularly from China, are lining up to invest in the Gulf region’s trillion-dollar real estate sector, according to Deloitte. With $2.8 trillion worth of projects planned or ongoing in the Gulf Cooperation Council…

The Work Place 2.0

Deloitte Jordan says companies must learn to navigate a new world of work. By Jane Hosking Earlier this year Deloitte published its Human Capital Trends 2015 report, which examines how workforces around the world are evolving. Karim Nabulsi, Deloitte Jordan’s…

Omar Razzaz

Wasted Youth

Jordan’s economy might be improving, but youth unemployment remains a pressing challenge. By Khalid W. Wazani Every six months, the World Bank publishes the Jordan Economic Monitor. The wide-ranging report provides a snapshot of how the Kingdom’s economy is performing…