Tag: Jordan Phosphate Mines Company

OMAR RAZZAZ

Venture at 10: Omar Razzaz

Omar Razzaz, Former Chairman of the Privatization Evaluation Committee Date of Interview: May 2014 After many suspected major mistakes were made during Jordan’s controversial privatization drive, the government formed the Privatization Evaluation Committee in 2013. A year-long investigation led by…

APC 2015 Net Profits Surge 31 Percent

Arab Potash Company (APC) said its 2015 net profits rose 31 percent year-on-year to around JD131 million, while it also achieved a record production volume of 2.355 million tons over the same period. In a statement, APC’s chairman Jamal al…

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…

Setting the Privatization Record Straight

Many still suspect major mistakes were made during Jordan’s controversial privatization drive. A year-long investigation led by Omar Razzaz, chairman of the Privatization Evaluation Committee, has now concluded the sell-off of public assets was by and large smoothly executed, but…