Tag: Gulf

OBG: Regional Volatility Hits Tourism

A concerted drive is underway to reinvigorate Jordan’s important tourism sector that has been shaken hard by regional instability. Jordan’s all-important tourism sector is having a rough time of late. According to the Jordan Tourism Board (JTB), the number of…

Liwwa P2P Lender Scores New Investment

In a sign that crowdsourcing is set to become an important fundraising option for the region’s cash-starved SMEs, Amman-based peer-to-peer lender Liwwa recently closed a successful financing round involving three major investors. The round was led by DASH Ventures, with…

Alissar: A Blooming Business

Founded in Amman over three decades ago as a small family-run florist, Alissar’s distinctive flower arrangements can now be found in homes and businesses across the region, including some of the Gulf’s most luxurious hotels. By Dina al Wakeel The…

We’re Lovin’ It

While McDonald’s might be striving to maintain its dominant position in other parts of the world, the owner of the fast food giant’s Jordanian franchise says business has never been better. By Dina al-Wakeel Last year, McDonald’s reported falls in…

Air Arabia Jordan: Ready for Liftoff

By buying a major stake in Petra Airlines, low-cost giant Air Arabia has created a new carrier which will use Amman as a hub to further its ambitious expansion plans. By Laith Abou-Ragheb Jordan’s aviation and tourism sectors were given…

Venture Explains: The Big Three Gulf Carriers

Who are they? The global airline industry is being shaken up by a trio of ambitious Gulf-based carriers: Dubai’s Emirates, Abu Dhabi’s Etihad, and Qatar Airways. The impressive scope and pace of their expansion has longer-established legacy carriers like British…

Venture Explains: Cheap Oil

For as long as they last, cheap oil prices have far-reaching implications.  Why are oil prices so low? Fracking, which involves shooting a mixture of water, sand, and chemicals into the ground to crack open deposits of oil and natural gas,…

A Good Year for Online Industry

If you thought 2014 was an exciting year for doing business on the Internet, then expect 2015 to be even better. By Khaldoon Tabaza Last year will go down as a milestone for online businesses in the Arab world. It…

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…

MENA’s Online Payments Puzzle

A lot of consumers in our region would like to spend money online. So what’s holding them back? By Khaldoon Tabaza How to implement online payment systems that most people are willing and able to use remains a big hindrance…