Tag: Iraq

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…

Jordanians Have Visa-Free Access to 44 Countries – Report

Jordanian passport holders can visit 44 countries around the world without the need for a visa, according to the annual Henley & Partners Visa Restrictions Index. Emirati passport holders fared best in the region in terms of visa-free travel, with…

Venture Explains: The Schengen Agreement

What is it? The Schengen agreement, named after the village in Luxembourg where it was signed in 1995, allows for passport-free travel through 26 European countries, including most members of the EU. What did it help achieve? The agreement succeeded…

A Necessary Loan

As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…

Easing Investment in Iraq

Momentum seems to be building behind Khaled Kanaan’s ambitious plan to break down barriers of entry into Iraq to promote greater cross-border trade, investment, and cooperation. But the prominent Jordanian businessman admitted that convincing more of his peers to bet…

investment

Wasted Youth

Jordan’s economy might be improving, but youth unemployment remains a pressing challenge. By Khalid W. Wazani Every six months, the World Bank publishes the Jordan Economic Monitor. The wide-ranging report provides a snapshot of how the Kingdom’s economy is performing…

OBG on Subsidy Cuts: Light at the End of the Tunnel?

They’ve been painful, but there are signs subsidy cuts may have started to bear fruit. The Jordanian government’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of…

The Women Leading Lebanon’s Startups

Beirut is rapidly shaping up as a crucial player in the region’s startup scene. Venture spoke to four Lebanese female entrepreneurs who have made major headway in Lebanon, the region, and even the world with their startups and creations.  …

Sailing Ahead

Despite regional turmoil, Maersk Line’s Anne Gronbjerg says Jordan continues to show promise. The Maersk Line service that stops off at the Port of Aqaba has faced many challenges over the years. But Anne Gronbjerg, the Danish shipping giant’s managing director for…

OBG: Regional Volatility Hits Tourism

A concerted drive is underway to reinvigorate Jordan’s important tourism sector that has been shaken hard by regional instability. Jordan’s all-important tourism sector is having a rough time of late. According to the Jordan Tourism Board (JTB), the number of…