Tag: Turkey

Aqaba Rising: PBI Aqaba- The Industrial Ingredient

Aqaba’s future doesn’t just lie in luxury lifestyle projects. Companies like PBI Aqaba are fast molding the Red Sea port into a major center for manufacturing, logistics, and storage services. Aqaba’s glamorous leisure and tourism projects are naturally more adept…

Time to Build

Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…

Construction Woes

The head of Jordan’s contractors association says his members are starting to suffer due to a downturn in their sector. By Dina Al Wakeel According to the Department of Statistics, the number of building licenses issued during the first five…

SESAME: A Scientific Step Forward

Jordan has never excelled at scientific study. But a newly revamped, first-of-its-kind research facility could change that. By Elisa Oddone When discussing Jordan’s efforts to develop a knowledge-driven economy, the important role research and development can play is too often…

Let them Work

Syrians in Jordan could make a huge contribution to the Kingdom’s economy, if only we would let them. By Yusuf Mansur Jordan is hosting around 1.4 million Syrians, almost half of whom are registered as refugees. They can’t remain refugees…

A Crisis Costing Billions

The Syrian civil war, coupled with the spread of ISIS, has so far cost countries in the region over $33 billion, according to a World Bank report. The policy research working paper quantifies the direct and indirect economic impact of…

Russia’s Downturn Adds to Weakness in EBRD Economies

A sharp fall in the price of oil has piled pressure on an already fragile Russia, and is hitting growth in energy exporters and other emerging nations with close links to eastern Europe’s largest economy, according to the EBRD’s latest…

Mövenpick on the Move

These are tough times for our region’s hotels, but Mövenpick is still gaining ground. By Dina al Wakeel Tourism in our part of the world is far from being in rude health. Instability has scared many foreign tourists away, leaving…

Yemeksepeti Gobbles Up ifood.jo

Turkish online food ordering company Yemeksepeti has bought a majority stake in ifood.jo, the fast growing Jordanian startup offering the same sort of service. Set up by Zeid Husban and Omar Akel in January 2012, ifood.jo provides restaurants with instant…