Tag: Investment

smart city

The World’s First Smart City: A Smarter Way to Live

The race is on to create the world’s first smart city. But will it live up to the hype? How do you create a smart city? There are competing ideas floating about, but the most straightforward route involves filling a…

fees

UAE Cuts Tourism Fees to Encourage Growth

Recent moves by the Abu Dhabi and UAE governments to waive or reduce hotel and visa fees are expected to bolster the country’s important tourism sector and pave the way for more investments. In June the Abu Dhabi Executive Committee…

Jordan Food Week

Jordan Food Week: finest culinary creations

More than 100 artisanal food producers showed off their finest culinary creations at Jordan Food Week. The Jordan Food Week event, which was organized by the USAID Jordan Local Enterprise Support Project and held at the Ras Al Ain Hangar, is a continuation…

relief

Relief and Development: Ending the Zero-Sum Myth

Is it possible to economically empower both Jordanians and Syrian refugees? Two leading relief agencies believe so. By Brian E. Frydenborg Sadly, as 2018 opened, the world looked on yet another consecutive year of record displacement, with a staggering 68.5…

CFA Society

CFA Society, the gold standard in the financial services industry

You may have seen the CFA letters at the end of names of people you have dealt with professionally, but do you know what they stand for? The Chartered Financial Analyst® (CFA) credential is held by over 150,000 professionals around…

investor interest

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…