Tag: Syria

IMF

Growth Against the Odds

Despite having to contend with regional turmoil and significant domestic challenges, the IMF’s Mission Chief for Jordan believes the Kingdom’s economy will keep expanding in 2017. By Dina al-Wakeel  It’s been a trying few years for Jordan’s economy. From raging…

The US State Department's Special Representative for Commercial and Business Affairs Ziad Haider

Bringing Business to Jordan

A senior US trade official says American companies can play a crucial role in the Kingdom’s economic development. By Dina al Wakeel Last month, The US State Department’s Special Representative for Commercial and Business Affairs, Ziad Haider, headed a major…

Dead Sea Red-Dead Project

Consortiums Selected for Red-Dead Project

The Ministry of Water and Irrigation has chosen five international consortiums to carry out the first phase of a $1.1 billion conveyance project that will use water from the Red Sea to replenish the rapidly receding Dead Sea. The consortiums…

New Trade Deal to Boost Exports to EU

Jordanian exports to Europe are expected to rise following a newly-inked deal that relaxes rules of origin requirements. A new trade agreement between Jordan and the EU, which is based around relaxed rules of origin rules, will enable industries in…

Jordanian Truck Drivers

Border Closures Costing Jordanian Truckers Millions

Jordanian truck drivers have lost approximately JD600 million over the past five years due to the closure of borders with Iraq and Syria, the Jordanian Truck Owners Association said. The association’s president, Mohammad al Dawood, said overland journeys by truck…

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…

Gas on Tap

It’s only been up and running for around a year, but Aqaba’s LNG terminal has already proved itself indispensable to Jordan’s vital energy diversification drive. By Dina al Wakeel With several renewable energy projects under construction and a nuclear plant…

Housing Bank's new building

Banking on Success

The Housing Bank for Trade and Finance is building on its solid reputation to expand its retail and corporate business. Jordan’s banks are known for their resilience. The sector has been one of the main pillars that support the economy…

Agriculture Primed for Turnaround

Jordanian farmers are set to benefit from new export routes and a drive to incorporate thousands of Syrian refugees into the domestic workforce. Oxford Business Group Despite high domestic production, food exports continue to be hampered by the closure of…

Aqaba Container Terminal (Act) CEO Jeppe Jensen

ACT’s Jeppe Jensen: Harboring Ambitions

Aqaba Container Terminal’s CEO says his company is working hard to support Jordan’s industries and develop Aqaba into the most sustainable gateway into the Levant. By Venture Staff Over the past decade ACT has grown to become a state-of-the-art mainliner…