Tag: Investment

New Abdali

New Abdali

Abdali New Abdali, an architectural marvel that intertwines technology and infrastructure, and a financial and business hub worthy of one of the Middle East’s leading, most cosmopolitan capital cities. Rising from the heart of the city with its glistening skyscrapers…

Umniah CEO Ziad Shatara

The Evolution of Umniah

Umniah CEO Ziad Shatara is overseeing an ambitious plan to transform his company from a mere mobile operator into a complete digital service provider. Umniah set up shop in Jordan in 2005, breaking the duopoly that had existed in the…

Is Dubai the region's ICT hub?

Dubai’s Tech Hub Dream

Thanks to its investor-friendly business environment, world-class infrastructure, and strong government backing, Dubai is fast emerging as the go-to tech hub for the region. What lessons can other rival startup centers around the region, including Jordan, learn from the emirate’s…

The Kharabeesh Team

Kharabeesh: There’s Money in Funny

Wamda Capital, Endeavor Catalyst Fund, and Dash Ventures recently teamed up to invest $5 million in Kharabeesh, the multi-channel network best known for its popular online comedy videos. The network, which helped launch the careers of such stars as Rajae…

Dealmakers Event in Amman 2016

Mideast Tech Community Meets for DealMakers 2016

Endeavor Jordan held its fourth annual DealMakers event in Amman last month, once again providing some of the region’s top entrepreneurs and investors with the opportunity to meet face-to-face. The event was attended by 62 entrepreneurs, representing some of the…

investment

No Rule of Law, No FDI

Without striving for an independent and transparent legal system, Jordan will struggle to attract desperately needed FDI. “We cannot achieve sustainable development, empower our creative youth or successfully execute our development plans unless we develop state administration and enhance the…

Arab Bank

Jordanian Investors Poised to Buy Saudi Oger’s Stake in Arab Bank

A Jordanian consortium has lodged a bid for Saudi Oger’s 20 percent stake in the Arab Bank after Saudi Arabia’s Fawaz Alhokair family withdrew its own $1.1 billion offer, Reuters reported citing banking sources. A deal with investors led by…

Ayla Oasis

Jordan’s First Championship Golf Course Opens in Aqaba

The Kingdom’s first championship golf course opened in Aqaba’s multi-million dollar Ayla development last month. The developers of the 18-hole, Greg Norman-designed course are confident it will become a big attraction. “Ayla Golf Course is a major tourism enabler for…

Jordan's new exchange

Jordan Looks to Reinvigorate Trading With a New Exchange

Jordan has launched a new over-the-counter (OTC) exchange as part of a series of initiatives to boost the competitiveness of the Kingdom’s capital markets. Jordan’s new OTC exchange is a by-product of two sets of regulations enacted earlier this year—the…