Tag: MENA

importers

Food producers and importers say tax hikes are hard to swallow

Food producers and importers are worried about the impact recent tax rises will have on their sector.   Tax revenues are growing at a slower rate than the GDP and that means trouble for the Jordanian economy. Public debt has…

classic

JAGUAR RESTARTS PRODUCTION OF LEGENDARY D-TYPE RACE CAR

Jaguar Classic is re-starting production of the iconic D-type race car in Coventry,62 years after the last example was built in 1956. The first Jaguar D-type to be assembled by Jaguar Classic, an engineering prototype,will makeits world debut at the…

Flydubai

Flydubai Launches Aqaba-Dubai Route in June

Flydubai will begin flying four times a week between Dubai and Aqaba from June 16. The low-cost carrier announced the new route alongside a new service connecting Dubai with the Greek city of Thessaloniki. “We are looking forward to the…

BR Communications

Communicating Within and Beyond Lebanon’s Business Environment

BR Communications advises SMEs and other business organizations to “be heard.” The business climate in Lebanon has seen its fair share of ebbs and flows: it is hard environment in which to do business, not only because of economic, political,…

Nestrom

Agri-Tech Firm Nestrom plans Growth with Seed Funding

Jordanian agri-tech startup Nestrom has secured undisclosed amounts of seed funding from 500 Startups, Wamda Capital, Propeller Inc, Agrimatco, and several other angel investors. The funding will be used for product development and penetrating new markets in the region, said…

traffic rights

Traffic Rights Dispute Grounds Air Arabia Ambitions

The CEO of low-cost carrier Air Arabia says a traffic rights dispute has grounded the ambitions of its Jordanian subsidiary. By Nada Atieh When it first began flying from its hub at Queen Alia International Airport in 2015, Air Arabia…

Royal Jordanian (RJ)

Royal Jordanian Offers Staff Voluntary Redundancy

Royal Jordanian is offering its staff voluntary redundancy as part of the airline’s ongoing efficiency drive. The airline said in statement that it had struck a deal with the General Union for Air Transport allowing employees to “obtain a voluntary…

workers

Valuing Workers Wherever They’re From

We must not forget that migrant workers and refugees have much to contribute to Jordan’s economy.  By Patrick Daru On December 18, the world marked International Migrants Day–a moment to celebrate the contributions of migrant workers to our economies and…

real growth

Reasons for Cheer in 2018

After a decade or so in the doldrums, things are finally looking up for Jordan’s economy. Evidence from both the global and regional arena warrant saying that Jordan is moving towards a growth cycle, leaving the bottleneck of the last…