Tag: Invest

Oasis500 Reaches For the Stars with New Tech Fund

Oasis500 has launched a new multimillion dinar venture fund which seeks to develop businesses based around space technologies. The startup accelerator’s Jordan Space Ventures Fund will provide funding and mentorship to entrepreneurs using technologies like satellite communication systems to tackle…

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…

The Saudi Women Blazing a Trail

In a challenge to deeply rooted conventions and stereotypes, Saudi women entrepreneurs like Sarah al Ayed and Lujain al Ubaid are achieving huge success in the world of business. By Elisa Oddone Hit hard by plunging oil prices, Saudi Arabia…

Entrepreneurs and Investors Meet at Endeavor Jordan’s DealMakers

At Endeavor Jordan‘s annual DealMakers event in Amman last month, entrepreneurs and potential investors were brought together for one-on-one speed networking sessions that aimed to give promising young companies a chance to pitch their ideas in a less formal setting…

Dubai Diversified

Dubai is a great example of how global cities can adapt and thrive in uncertain times. By Nader Museitif Global cities, just like global companies, find it difficult to ride an economic boom and avoid the subsequent cooling off period. Economies…

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,…

Tractebel Marks 10 years in Jordan

Marc Lepièce, general manager of the power and gas division of global engineering consultancy Tractebel, said his company is proud of its 10-year cooperation with Jordan crowned by the construction of the country’s gas transmission network. Now Brussels-based Tractebel is…

The Rush for Renewable Energy

Following the severe disruption of energy supplies in the wake of the Arab Spring, plans are underway for Jordan to reach energy independence with the help of cutting-edge renewable power projects. By Elisa Oddone A heavy reliance on imported energy…

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Zorba: Growing Green

With his range of naturally grown fruits, vegetables, and herbs, Azzam Zorba is on a mission to improve our diet and transform the way food is farmed in Jordan. By Elisa Oddone German philosopher Ludwig Fuerbach wrote around 200 years…