Tag: Invest

Russia’s Downturn Adds to Weakness in EBRD Economies

A sharp fall in the price of oil has piled pressure on an already fragile Russia, and is hitting growth in energy exporters and other emerging nations with close links to eastern Europe’s largest economy, according to the EBRD’s latest…

Italy Offers Eco Expertise

Specialist Italian companies are keen to help Jordan deal with its big energy and environmental challenges. By Elisa Oddone Italian Trade Commissioner Alessio Ponz de Leon Pisani said a recent visit by a group of eco-minded Italian firms, aimed to…

Working Behind the Wall

Entrepreneurs should start using the economic barriers surrounding the MENA market to their own advantage. By Robert Carroll Sometimes I feel like there’s a high wall surrounding the Arab world. Not literally, of course, because people come and go all…

Abdali Mall Leases the Family Entertainment Center to ‘Galaxy Park’

Abdali Mall Company (AMC) announced today leasing approximately 4,000 square meters of the mall’s entertainment component to ‘Galaxy Park,’ a family friendly, space-themed entertainment center, to join the upcoming retail and leisure destination, Abdali Mall. AMC’s General Director Eng. Marwan…

Tamatem Hits Six Million Downloads

The runaway success of a mobile game featuring a food delivery guy racing around the potholed streets of Amman recently helped Jordanian games publisher Tamatem to hit the six million download mark. Tamatem said its King of Delivery game, which…

Tabuk: On Pharma’s Frontline

By boldly overhauling its management structure and expanding its range of medicines over recent years, Tabuk Pharmaceuticals has cemented it position as one of the region’s leading drug companies. By Elisa Oddone Boasting a steady annual growth of 25 percent…

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…

Borrowing Smart

Borrowing can help an economy grow. But Jordan is taking on debt for all the wrong reasons. By Yusuf Mansur “Neither a borrow nor a lender be,” Polonius advised his son in Shakespeare’s Hamlet. But unlike the royal counselor, economists…

Green City

Low Rise to High Rise?

In an effort to prevent Amman from inefficiently sprawling outwards as its population soars, city planners are considering allowing apartment buildings in the capital to rise to six floors from the current four. GAM said it might amend long-established building…

A World Divided

As we prepare to head into 2015, we find the world’s economies split between those ready for growth, and those teetering on the brink of recession. By Sameer Massis It was 160 years ago this month that Louis Pasteur stood…