Tag: Investment

Capturing Investor Interest

The man responsible for boosting investor interest in Jordan is confident more FDI is on the way. According to the Central Bank of Jordan (CBJ), foreign direct investment in the Kingdom increased by 7.2 percent in 2017, reaching JD1,182 billion,…

international airport

Airport Operator Acquisition of Queen Alia International Airport

Aéroports de Paris has big plans for Jordan’s aviation sector after acquiring a controlling stake in the operator of Queen Alia International Airport. Groupe Aéroports de Paris (ADP) recently announced it has spent $265 million to buy a majority 51…

wastewater

Irbid Wastewater Network to be Co-Financed by EU

The European Bank for Reconstruction and Development (EBRD) said the EU has agreed to co-finance a multi-million euro project to construct new wastewater network in Irbid, a city that has been forced to absorb thousands of Syrian refugees over recent…

infrastructure investment

EBRD Finances Infrastructure Investment Program

The European Bank for Reconstruction and Development (EBRD) has signed a preliminary agreement with Jordan to finance an infrastructure investment program worth 2.8 billion euros. “This memorandum of understanding further cements the cooperation between the EBRD and the government of…

Development

Banking on Development

The regional head of the European Bank for Reconstruction and Development, Heike Harmgart, explains why the EBRD has pledged to invest 1 billion euros in infrastructure projects in Jordan. The European Bank for Reconstruction and Development (EBRD) held its first annual meeting…

Standard Chartered

Standard Chartered: Banking on Jordan’s future

The regional CEO of Standard Chartered says his bank is in Jordan for the long haul. One of the UK’s biggest banks, Standard Chartered entered Jordan’s banking sector in 2000 when it acquired ANZ Grindlays’ operations in the Kingdom. Standard…

The founding of Sigma Investments

Iman Mutlaq is an entrepreneur and financier. She founded Sigma Investments, and is our special guest on today’s Women in Business. Sigma Investments started operating in Jordan in 2006, most of its projects back then were in Iraq and Libya before…

off-plan

Off-plan Led Recovery?

Affordable off-plan developments are showing signs of potential amid a wider downturn in Abu Dhabi’s residential market. Off-plan projects that offer residential buyers attractive incentives and greater affordability could help offset soft demand in Abu Dhabi’s broader real estate market,…

The state of the Foreign Exchange Reserve

The decline of Foreign Exchange Reserves in any country affects investors’ confidence in its economy. In 2017 the Foreign Exchange Reserves in Jordan declined significantly. What are the reasons and what are the solutions? We are looking for answers on…

Meet one of the most successful women in the Middle East

Today’s guest on Women in Business is not an ordinary woman; she was classified by Forbes magazine as one of the 100 most powerful women in the Middle East and North Africa. A woman who fought in the insurance sector,…