Tag: Invest

Air Arabia Eyes Growth in 2016

Last year Sharjah-based low-cost carrier Air Arabia made Amman its fifth hub through a 49 percent acquisition of Petra Airlines, which was then relaunched as Air Arabia Jordan. On the sidelines of the recent Arab Aviation and Media Summit in…

Del Monte Eyes Jordanian Farms

Del Monte, the giant American producer and distributor of canned fruits and vegetables, said it’s looking to buy farms in Jordan. In a statement, Del Monte said it was planning to acquire farms in Jordan, as well as neighboring Saudi…

Saxo Bank’s Predictions for 2016

Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set of ‘Outrageous Predictions’ for the year ahead. These are 10 unlikely, yet perhaps underappreciated, events that could have significant consequences on the financial landscape as…

TechWadi Eyes Start-Up Potential

Google’s Sharif El-Badawi sees signs of a tech eco-system forming in the region—and Jordan is right at the heart of it. By Camilla Caraccio When he’s not spotting and nurturing talent in his role as a partner lead to VCs…

refugee crisis

Spotting Opportunities

Everyone agrees the coming year will be a tough one for the region’s economies. But some countries will fare much better than others because their decision makers were bold enough to seek out new opportunities and act upon them. By…

U.S. Seeking New Markets for Jordan’s Private Sector

US Ambassador to Jordan Alice G. Wells said she’s striving to open up new international markets for American and Jordanian firms based in the Kingdom. In a bid to encourage greater joint economic development, Wells said her government was working…

Jobedu: The Little T-shirt Company That Could

Not even 10 years have passed since Tamer al Masri and Michael Makdah first set up Jobedu in Rainbow Street’s Souk Jara. From these relatively humble beginnings, the company has grown remarkably, and is currently looking towards the future and…

Independently-Owned Service Stations Adopt Manaseer Express Sub Brand

In a sign of continuing consolidation in Jordan’s low margin fuel supply market, 10 independently-owned service stations are adopting Manaseer’s new sub brand, Manaseer Express. Under the deal, the service stations, which are already supplied with gasoline by Manaseer Oil…

smart city

Fintech and the Future of Banking

Fast growing fintech firms are forcing traditional brick-and-mortar lenders to adapt to new realities in the banking sector. By Zeid Nasser The term Fintech, which is short for financial technology, has emerged over the past few years to describe Internet-driven…

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…