Tag: Iraq

Jordanian Truck Drivers

Border Closures Costing Jordanian Truckers Millions

Jordanian truck drivers have lost approximately JD600 million over the past five years due to the closure of borders with Iraq and Syria, the Jordanian Truck Owners Association said. The association’s president, Mohammad al Dawood, said overland journeys by truck…

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…

Jordan Kuwait Bank: The Road Ahead

In an exclusive one-on-one, Jordan Kuwait Bank Chairman Abdul Karim Kabariti outlines his bank’s strengths and weaknesses, and explains how he plans to take the Kingdom’s third largest lender to the next level. By Dina Al-Wakeel Under the 20-year stewardship…

Housing Bank's new building

Banking on Success

The Housing Bank for Trade and Finance is building on its solid reputation to expand its retail and corporate business. Jordan’s banks are known for their resilience. The sector has been one of the main pillars that support the economy…

Aqaba Container Terminal (Act) CEO Jeppe Jensen

ACT’s Jeppe Jensen: Harboring Ambitions

Aqaba Container Terminal’s CEO says his company is working hard to support Jordan’s industries and develop Aqaba into the most sustainable gateway into the Levant. By Venture Staff Over the past decade ACT has grown to become a state-of-the-art mainliner…

Minister of Transport Ayman Hatahet: Getting Jordan Moving

Jordan’s Transport Minister is excited about the big transportation projects slated to come on line in the near future. Because it’s sandwiched between Iraq, Syria, the Palestinian Territories, and Saudi Arabia, the important role Jordan plays as a trade hub…

Jordan Boosts Healthcare to Meet Demand

Progress on two new medical facilities, located in Irbid and Amman, could add much-needed capacity to Jordan’s health sector as it copes with rising demand for healthcare services. At the start of the year, the government began the pre-qualification process…

Mixed Outlook for Regional Airlines

The Secretary General of the Arab Air Carriers Organization says travel barriers and regional unrest continue to hamper his industry. But rising passenger numbers, lower oil prices, and expansion into international markets give him cause for cheer. By Dina Al-Wakeel…

Aqaba Rising

This month, Venture presents a snapshot of the work underway to realize Aqaba’s ambitions of becoming a major hub for everything from tourism and manufacturing, to logistics and cargo support. With its strategic location, state-of-the-art port, kilometers of sandy beaches,…

The Work Ahead for the ILO

The International Labour Organization’s newly-appointed regional chief has big plans to improve the lot of workers in Jordan over 2016 and beyond. By Rebecca Irvine With its mission to promote rights at work, encourage decent employment opportunities, enhance social protection,…