Tag: Investment

The EBRD

EBRD Could Boost Investment to 150 Million Euros This Year

The European Bank for Reconstruction and Development (EBRD) said it could invest as much as 150 million euros in Jordan in 2017, up from 120 million euros the previous year. “Last year’s target started off with 120 million euros that…

Deutschen Bank

Deutsche in Danger?

Deutsche Bank has been slapped with a $14 billion fine over a charge it mis-sold US mortgage securities. The case has raised worrying questions about the stability of the global financial giant. By Venture staff Deutsche Bank is one of…

Laith Al Qasem

Working as One

If they really want to achieve sustainable economic growth, Jordan’s public and private sectors need to start seeing each other as allies rather than adversaries. By Laith Al Qasem Public–Private Dialogue (PPD) is an increasingly valuable tool that enables public…

Jordanians Coming back from the Gulf

Readying for an Expat Exodus

Many thousands of Jordanian expats working in the Gulf face an uncertain future as low oil prices begin forcing GCC governments to cut spending. Just how prepared is Jordan for their potential return? By Mothanna Gharaibeh Following the energy sector…

Jumana Jacir, Founder of Kama

Kama: Serving up Our Finest Foods to the World

Through Kama, her new luxury gourmet food brand, Jumana Jacir is out to show the world the many culinary delights Jordan and the wider Middle East have to offer. By Mel Plant Jumana Jacir, founder of Kama, is nothing if…

Mudassir Sheikha, the Cofounder of Careem

Careem and the Irresistible Rise of Ride-Hailing

Despite coming up against regulatory hurdles and protests from taxi drivers, the cofounder of Careem says his ride-hailing platform is in Jordan to stay. By Laith Abou-Ragheb Mudassir Sheikha, the cofounder of Careem, the Dubai-based ride-hailing platform, made a flying…

Eagle Hills Add W Hotel to its Growing Portfolio

Eagle Hills is eyeing a 2017 launch for its multi-million dollar Abdali development, which will include one of the region’s few W hotels. By Dina al-Wakeel A 280-room W hotel will form the centerpiece of a new $200 million development…

UK

Steadfast Support

Britain’s ambassador to Jordan is confident Brexit won’t impact his country’s long standing commitment to the Kingdom. By Dina Al Wakeel Jordan has received millions of dollars from Britain to help it cope with the Syrian refugee crisis, and hundreds…

investment

Towards a Steady but Unspectacular 2017

While it’s unrealistic to expect fireworks from Jordan’s economy in 2017, boosting capital investment and launching more PPP projects should help achieve respectable levels of growth. After almost six years of stagnation, the global economic outlook for 2017 still looks…

Heike Harmgart, the head of the EBRD office in Jordan

Overhaul of Financial Watchdogs Needed – Study

Jordan’s financial regulators need to undergo greater reform for the Kingdom’s capital markets to achieve their full potential, the European Bank for Reconstruction and Development (EBRD) said in a new strategy paper it produced in conjunction with the Jordan Securities…