Tag: Investment

Muin Qadadeh, Manseer’s deputy chairman

Manaseer Plans $1 billion Integrated Potash and Phosphate Facility

The Manaseer Group recently signed a land lease agreement with the Aqaba Development Corporation (ADC) to build an integrated potash and phosphate complex at the Red Sea resort. Muin Qadadeh, Manseer’s deputy chairman, said the facility, which is set to…

Amazon buys Whole Foods

Venture Explains: Why did Amazon buy Whole Foods?

What’s happened? Internet retail giant Amazon has just agreed to buy high-end grocer Whole Foods for $13.7 billion. What’s the motivation behind the deal? Even though it built its name in e-commerce, Amazon has recently been experimenting with brick-and-mortar stores,…

Investments - The Journal

The Journal: Investments Guide By Venture

Click the link to check out the Investments guide – The Journal by Venture in full: Jordan Welcoming The World As the Jordan Investment Commission (JIC) continues to work on reducing bureaucratic red tape and facilitating reforms, there has been…

tax

A Taxing Question

Jordan’s punitive and convoluted tax system is harming its economic prospects. By Laith Qassem A recent study by To-Excel Consulting found the active number of taxpayers in Jordan declined from 292,744 in 2009 to 208,271 in 2012. The mix of…

Rasha Manna, the Managing Director of Endeavor Jordan on challenges facing startups

Start up Jordan

Rasha Manna, the managing director of the entrepreneur support group Endeavor Jordan, lays out the challenges facing the Kingdom’s startups, and what it takes to overcome them. The one major difficulty Endeavor faces in Jordan is pipeline—finding companies that meet…

Renewable Energy

Green Investment Growth

Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…

US President Donald Trump

Trump’s Grand Plan

President Trump has started to put his campaign promises into action. What should we expect? By Venture Staff Among the chaos of the new Trump administration lies the most important economic policies that have yet to be implemented. Prior to…

OFFTEC: Business Solutions for an Evolving World

OFFTEC: Business Solutions for an Evolving World

Despite an ever-changing business landscape, OFFTEC Holding Group CEO Basim Said says the company has continually managed to adapt to the needs of its multi-sector clients. Offering everything from office furniture to software and security solutions in Jordan and the region,…

Mirek Dusek, the head of MENA for the WEF

WEF: Meeting of Minds

The MENA edition of the World Economic Forum (WEF) returns to Jordan this month with a theme of enabling generational transformation. By Dominika Bzduchova Hundreds of top decision-makers from around the world will meet at the Dead Sea on May…

Wessam Issa, the CEO of Bustami and Saheb, dealer of Leaf Electric Car

Going Electric

Jordan’s Nissan dealership will soon start selling the Leaf electric car in the Kingdom. By Dina Al Wakeel After years of only being available to buy on the grey market, Nissan has finally decided to start selling its affordable electric…