Tag: United States

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…

Jobedu: The Little T-shirt Company That Could

Not even 10 years have passed since Tamer al Masri and Michael Makdah first set up Jobedu in Rainbow Street’s Souk Jara. From these relatively humble beginnings, the company has grown remarkably, and is currently looking towards the future and…

Dubai Diversified

Dubai is a great example of how global cities can adapt and thrive in uncertain times. By Nader Museitif Global cities, just like global companies, find it difficult to ride an economic boom and avoid the subsequent cooling off period. Economies…

Venture Explains: Volkswagen’s Defeat Device

What is it? Volkswagen has admitted to cheating official emissions tests in the United States. The Environmental Protection Agency found that certain diesel engines made by Volkswagen were fitted with a so-called defeat device. The piece of computer software senses…

Embracing the Great Tech Race

It’s high time we realized that nurturing tech startups is key to staying relevant in a fast changing world. By Nader Museitif Our region is falling more and more behind when it comes to developing new technology. Some astounding advancements…