Tag: Saudi Arabia

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…

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…

Young People Need Jobs, and So Do Their Parents

Young People Need Jobs, and So Do Their Parents

Efforts to get young people into work should come as part of a wider package of macroeconomic policies. By Mary Kawar and Zafiris Tzannatos The conclusion of yet another successful World Economic Forum in the context of this year’s timely…

investment

What Must Be Done

Economy of Jordan State When it comes to grappling with the perilous state of Jordan’s economy, there are many factors which are out of the government’s control. But there are modest steps it can immediately take to set the country…

iMENA

iMENA: What it Takes to Stay Ahead in Tech

Since it was set up in 2009, the iMENA Group has invested in and operated a diverse array of online and mobile businesses. Some of these ventures have gone on to become household names around the region, such as online…

Insurance

Solidarity: Insuring Tomorrow

First Insurance was established in 2007 with a paid up capital of JD28 million. The company entered an already crowded market that was ripe for consolidation. This finally happened last year, when First Insurance absorbed rival Yarmouk Insurance, to become…

LG CEO Shadi Ramzi al Majali

LG: Plugging into Demand

Jordan’s electrical appliances market has grown rapidly over recent years, as the cost of products like widescreen TVs and washing machines dropped and their availability increased. New Vision, the distributor of LG products in the Kingdom, has helped develop this…

Renewable Energy

Green Investment Growth

Regulatory reforms introduced last year should soon begin attracting investors to help carry out large, state-led projects, particularly in the field of renewable energy. The Regulation for Organizing Non-Jordanian Investments No. 77, passed in June, eased capital requirements and other…

Mirek Dusek, the head of MENA for the WEF

WEF: Meeting of Minds

The MENA edition of the World Economic Forum (WEF) returns to Jordan this month with a theme of enabling generational transformation. By Dominika Bzduchova Hundreds of top decision-makers from around the world will meet at the Dead Sea on May…

Dr. Meteb Wrekat, the director of the Ministry of Health’s Medical Tourism Directorate

A Shot in the Arm: Keeping Medical Tourism Competitive

Jordan remains an important medical tourism market, a reputation that can be maintained if the government tackled the big issues facing the sector. With no less than 65 private hospitals, many boasting cutting edge facilities and first-rate physicians, Jordan has…