Tag: United States

The berm

Venture Explains: The Berm

What is it?  Aid agencies say around 75,000 Syrian refugees have amassed in a buffer zone around the berm and are unable to pass into Jordan or receive adequate aid as the border was recently sealed off by the Jordanian…

Pella Pharmaceuticals CEO Abeer Obeidat

Pella Pharmaceutical: Branching Out

After finding success locally, Jordanian skincare company Pella Pharmaceuticals is now aiming to expand further into foreign markets with its Derma product line. By Rebecca Irvine The pharmaceutical industry in Jordan is a strong one. You only need to look…

Investment Fund

Remembering ‘The Greatest’

We can all learn a great deal from the way the late Muhammad Ali lived his life. By Osama Al Sharif I met Muhammad Ali, briefly, when I was a boy of eight in Doha in 1968. He was visiting…

MAZEN DARWAZEH-MENA CEO of Hikma Pharmaceutical

Venture at 10-Mazen Darwazeh

Mazen Darwazeh: Vice-Chairman and MENA CEO of Hikma Date of Interview: October 2013 Hikma is one of a handful of Jordanian companies that can truly be considered world class. In the first half of 2013, its revenues reached $638.3 million….

Audi Boss Eyes Clear Road Ahead

Even with the challenges posed by low oil prices and an ongoing emission scandal, Audi Volkswagen’s regional chief Benoit Tiers predicts a bright future for his brand in the region. By Ghaith Madadha With sales of 11,000 cars, Audi said…

Iyad Kamal, Aramex COO

Aramex Adapts

Aramex rolls out an ambitious new business plan to tackle its courier challenge and strengthen its B2C model. Aramex turns 34 this year. For the greater part of its life, it was a regular courier company that was always known…

Del Monte Eyes Jordanian Farms

Del Monte, the giant American producer and distributor of canned fruits and vegetables, said it’s looking to buy farms in Jordan. In a statement, Del Monte said it was planning to acquire farms in Jordan, as well as neighboring Saudi…

Taking the Rough with the Smooth

Volatility will likely loom over the region’s economy in 2016, but so will opportunity. By Nader Museitif Next year seems to be set for a rough start as several chronic drivers of volatility and slowdown start to bite. Chief among…

Several International Brands Planning to Pull Out of Jordan

Several international clothing brands are preparing to leave Jordan due to falling sales in a retail market increasingly weighed down by rising taxes and reduced disposable income among consumers, the head of the Textile and Ready-Made Garments Syndicate said. While…

U.S. Seeking New Markets for Jordan’s Private Sector

US Ambassador to Jordan Alice G. Wells said she’s striving to open up new international markets for American and Jordanian firms based in the Kingdom. In a bid to encourage greater joint economic development, Wells said her government was working…