Tag: Invest

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…

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…

Embracing the Great Tech Race

It’s high time we realized that nurturing tech startups is key to staying relevant in a fast changing world. By Nader Museitif Our region is falling more and more behind when it comes to developing new technology. Some astounding advancements…

What’s up with Whatshudoin?

Luai Masri is the founder and CEO of Whatshudoin, a new social media app that allows users to interact based on the way they feel. How is Whatshudoin different to other social media apps? Whatshudoin is a complete mood-focused platform….

Think Tank Questions Effectiveness of NEPCO Rescue Plan

A new Identity Center report has questioned the effectiveness of the National Electric Power Company’s (NEPCO) cost recovery strategy, after it found a recent round of electricity tariff hikes failed to drag the publicly-owned company out of debt, but led…

Air Arabia Jordan Piles Pressure on RJ with New Saudi Route

QAIA-based budget airline Air Arabia Jordan began flying to a second destination in Saudi Arabia earlier this month, a move which shows just how much of a threat this newly-launched carrier poses to troubled Royal Jordanian and its vital network of…

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…

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…

Zoomaal Leads MENA Crowdfunding Revolution

Lebanese crowdfunding platform Zoomaal is helping hundreds of exciting and innovative ideas get off the ground across the region. By Elisa Oddone Since it was launched in 2013, Beirut-based Zoomaal has quickly asserted itself as one of the region’s leading…

The 4G Fight Begins

With the recent issuance of a 4G license to Umniah, the battle for market share amongst Jordan’s big three mobile operators is set to get livelier than ever. Increased competition should prove a boon for consumers in terms faster Internet…