Tag: Invest

Uber app

Uber Arrives in Amman

Uber recently launched its massively in-demand smartphone app in Amman, allowing passengers in the capital to hail a ride at the touch of a button. But will it encounter the same resistance as it has elsewhere? And with several other…

Cozmo: Shopping for Success

With the opening of a major new branch in Amman’s Taj Mall, Cozmo is forging ahead with an expansion plan that aims to cement its position as one of Jordan’s leading supermarket chains. By Jane Hosking Photography by Alaa’ al-Sukhny…

Hikma Acquires Roxane Laboratories

In a move that is set to transform its position in the US generics market, Hikma Pharmaceuticals has announced that it is acquiring Roxane Laboratories for JD1.88 billion ($2.65 billion) in cash and stock. Hikma, which was one of a number…

Dubai Metro: Mass Transit Done Right

2012 2013 2014 Q1 2014 Q1 2015 Dubai Metro Passengers 109,491,741 137,759,258 164,307,080 40,655,978 44,371,860 Growth 28,267,517 26,547,822 3,715,882 Growth (%) 26% 19% 9% Source: RTA annual report Dubai’s metro system has radically reduced the city’s congestion problems and secured…

Building Up Dubai

Despite recent volatility, Dubai’s real estate sector is proving to be more resilient than ever. By Nader Museitif Everyone loves chatting about Dubai’s real estate sector, even those who don’t actually live in the city, which is now synonymous with…

Endeavor Chairman Calls for Creative Industry Body

While Jordan isn’t lacking in creative talent, attracting investment for media and art business ventures is no easy task. In order to grow the Kingdom’s creative economy, an industry body is needed to fight its corner, said Ali al-Husry, chairman…

refugee crisis

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…

Jordan Expected to Issue Debut Sukuk

Jordan said last month it was going to issue its first ever sovereign sukuk, or sharia-compliant bonds, soon. The long anticipated issuance is expected to rake in some JD400 million to finance real estate projects, a source familiar with the topic…

cancer

Not Free Enough

Sadly, there was no cause for Jordan to celebrate World Press Freedom Day. By Osama Al Sharif Last month, Jordan, along with most countries, marked World Press Freedom Day. We didn’t rate well. The Freedom House Index placed Jordan 155…

Learn to Sell

Mastering the art of selling will put any entrepreneur in good stead. By Robert Carroll Years ago, I told my father I wanted to be a CEO when I grew up. Of what kind of company, it didn’t matter. No…