Tag: Investment

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…

real growth

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…

SMEs and the lack of financing

Lack of finance Chief Challenge Facing Companies – Report

Almost a third of Jordanian firms cited limited access to finance as the top obstacle to their operations, a recent report said. report, produced by the European Bank for Reconstruction and Development, the European Investment Bank, and the World Bank…

Iraqi Business Council President Majid Alsadi

In for the Long Haul

Despite cross-border trade disruptions and taxation worries, Iraqi Business Council President Majid Alsadi believes that Jordan remains an attractive long-term investment bet for his members. By Dina Al-Wakeel With investments worth over $14 billion spread across multiple sectors, it’s hard to…

Wael al Qadi, Bristol Rovers Owner

Buying into the Beautiful Game

Until recently, Wael al Qadi’s family was best known for founding the Arab Jordan Investment Bank (AJIB). But now they’ve joined the elite ranks of business figures from our region to own a team in the multi-billion dollar English Football…

Oasis500’s new CEO, Faisal Hakki

A Leg Up to the Next Level

The newly installed CEO of Oasis500 aims to provide greater post-acceleration support for startups. By Rebecca Irvine Since its establishment in 2010, Oasis500 has graduated several well known Jordanian companies, including ArabiaWeather, e-payment platform MadfooatCom, and book seller Jamalon. Oasis500’s…