Tag: Jordan

trade

A Promising Partnership

The chairman of AmCham in Jordan says he’s actively engaged in boosting trade between Jordan and the United States, while seeking to diversify the Jordanian products that reach the world’s largest economy. By Dina al Wakeel Established in 1999, the American…

economic relations

Seven Decades of Trading and Talking with Turkey

Turkey and Jordan recently marked seven decades of diplomatic and economic relations. The Turkish Ambassador to Jordan believes the next 70 years will be even more fruitful. By Dina al Wakeel Turkey’s President Recep Tayyip Erdogan held talks with HM…

national drive

Jordan Targets Small Business Growth

A national drive to boost support for Jordan’s SMEs is gaining pace, spearheaded by increased access to finance and plans to garner a more business-friendly operating environment. In June the World Bank and the Central Bank of Jordan (CBJ) announced…

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…

capitaliam

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…