Tag: lending

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…

Providing SMEs with finance

Facilitating Finance

Jordan is intensifying efforts to provide support for startups and SMEs by easing access to financing. Despite some continued obstacles to obtaining conventional bank finance, rising public and private investment in tech companies is contributing to a growing optimistic outlook…

GDP to Grow 4 Percent in 2015 – QNB

Despite a difficult regional context, the Qatar National Bank (QNB) Group said it expected Jordan’s real GDP growth to reach 4 percent over 2015, accelerate to 4.3 percent in 2016, and 4.5 percent in 2017. Jordan’s economy would continue to…

Liwwa P2P Lender Scores New Investment

In a sign that crowdsourcing is set to become an important fundraising option for the region’s cash-starved SMEs, Amman-based peer-to-peer lender Liwwa recently closed a successful financing round involving three major investors. The round was led by DASH Ventures, with…