Tag: private sector

A Necessary Loan

As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…

QRCE: A Decade of Startup Support

The Queen Rania Center for Entrepreneurship (QRCE) is marking its tenth anniversary by taking stock of past achievements and preparing for a future packed with exciting new ideas to develop. By Jane Hosking The QRCE, based out of Princess Sumaya…

real growth

Economic Reform: Are We on the Right Track?

As the government has learned from its deal with the IMF, ill-conceived economic reforms can often do more harm than good. By Khalid Wazani Economic reform is a process that should be evolutionary not revolutionary, gradual not instantaneous, comprehensive not…

Easing Investment in Iraq

Momentum seems to be building behind Khaled Kanaan’s ambitious plan to break down barriers of entry into Iraq to promote greater cross-border trade, investment, and cooperation. But the prominent Jordanian businessman admitted that convincing more of his peers to bet…

In the Driving Seat

Sebastien Wakim, Uber’s General Manager for Amman and Beirut. Who are you targeting in the Jordanian market? We don’t really have a target audience. Transport is a daily necessity for most people and we are here to provide another choice…

Hotel Electricity Rate Cut: A Misguided Move

The decision to slash electricity rates for hotels won’t do anything to solve the crisis in Jordan’s tourism sector. By Jawad J. Abbassi Jordan’s tourism sector plays an important role in the Kingdom’s economy. According to the Ministry of Tourism…

Jordan’s Gaping Gender Wage Gap

By Jane Hosking If men and women have the same job and do the same work, they should be paid the same wage, right? While this may seem like simple logic, the reality, however, is quite often a different story….

Hope for Startups

Startup guru Christopher Schroeder is a firm believer in the MENA region’s entrepreneurial spirit, which he says is inspiring young, tech-savvy Arabs to leverage the little they have to shape a better future for themselves and those around them.     By…

Sukuk Market Set for Lift-Off

With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…

Mubadarah: The Politics of the Possible

After successfully pressuring the government to grant civil rights to the children of Jordanian women married to foreigners, MP Mustafa Hamarneh’s Mubadarah legislative bloc is out to prove that parliament isn’t an ineffectual talking shop. By Abdul-Wahab Kayyali and Dina…