Tag: Jordan

Network International

EMP Rebrands as Network International

Emerging Markets Payments-Jordan (EMP), the fintech company behind online billing service eFawateerCom, has been rebranded as Network International as part of its sale to the UAE-based payment solutions provider. “I believe that we have reached a stage in the market…

Home-Based Business Regulations Launched

New regulations designed to make it easier for thousands of Jordanians to obtain licenses to run home-based enterprises were introduced by the government last month with support from USAID. The new regulations will help minimize startup costs and bureaucracy for…

Saving Ourselves

Self-reliance is the key to pulling Jordan out of its economic rut. These are tough times for Jordanians and it’s no secret that what lies ahead will be even more difficult. HM King Abdullah’s sobering words last month underlined the…

Regional Online Transactions Up 22 Percent in 2016 – Payfort

The Middle East saw an overall 22 percent increase in online transactions during 2016, according to a new report from online payment service PayFort. The fourth State of Payments in the Arab World report found growth was strongest in Saudi…

The IMF on Lifting Subsidies on Bread

IMF Opposes Lifting Bread Subsidies

The International Monetary Fund (IMF) said it doesn’t recommend lifting subsidies on bread in Jordan, a controversial step the government is considering in an effort to balance its budget. “The IMF does not recommend lifting bread subsidies and does not…

Recalibrating the Economy

Given Jordan has a well-educated labor force, why is its GDP so low, why does it struggle to add economic value, and why does it have a chronic trade deficit? By Laith al Qassem Typically, the higher the level of…

free parking

A Capital Idea?

Building a completely new Amman free of the infrastructure headaches that plague the current capital seems like an exciting proposition. But it could easily create more problems than it solves.  Prime Minister Hani al-Mulki unveiled last month the government’s intentions…

investment

Countdown to NEOM

Saudi Arabia’s planned $500 billion NEOM mega-city could easily become one of the most important economic development projects in the MENA region. And Jordan would have an important part in making it a success. The wildly ambitious NEOM business and…