Tag: World Bank

help refugees

How Private Sector Can Help Refugees?

Pioneering Study Examines How Private Sector Can Help Refugees in Africa, Middle East. Refugee communities can be further supported by the expansion of formal financing and business opportunities, and increasingly investors, businesses and local communities are interested in participating or…

edge

The First Jordanian Institution to Achieve EDGE Certification

King Hussein Business Park (KHBP) becomes the first Jordanian institution to achieve EDGE Certification for Sustainability and Green Building. King Hussein Business Park announced that its main Headquarters building has been awarded the “EDGE – Excellence in Design for Higher…

refugee crisis

Jordan’s Knowledge Scorecard

An important new global knowledge index highlights the areas where Jordan is excelling and struggling. According to the first edition of the Global Knowledge Index (GKI), which was recently set up by the Mohammed Bin Rashid Al Maktoum Knowledge Foundation…

national drive

Jordan Targets Small Business Growth

A national drive to boost support for Jordan’s SMEs is gaining pace, spearheaded by increased access to finance and plans to garner a more business-friendly operating environment. In June the World Bank and the Central Bank of Jordan (CBJ) announced…

Hala Zawati, CEO of the Jordan Strategy Forum

Jordan Strategy Forum: Working for Business

Five years since its creation, the Jordan Strategy Forum (JSF) is still advocating hard for Jordan’s business community. By Dina Al-Wakeel Established in the wake of the Arab Spring, the Jordan Strategy Forum helps the private sector engage in dialogue…

Jordan Moves to Kick-Start Growth and Pare Back Debt

Jordan Moves to Kick-Start Growth and Pare Back Debt

The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…

Merza Hussain Hasan, Regional Head of World Bank

Strong Support

The regional head of the World Bank says his organization stands ready to help Jordan meet its potential. As well as Jordan, Merza Hussain Hasan oversees World Bank projects in Bahrain, Egypt, Iraq, Kuwait, Lebanon, Libya, the Maldives, Oman, Qatar,…

Jordan Green Growth

Green Growth: Reversing Jordan’s Economic Slump

Last month, World Bank’s Spring 2017 issue of the Jordan Economic Monitor was released in the height of high unemployment and slow economic performance in the Kingdom. The Jordan Economic Monitor, a product of the World Bank’s Global Practice for Macroeconomics…

IFC

IFC Invests $45 Million in MS Pharma

The International Finance Corporation (IFC), the private sector arm of the World Bank, is making a $45 million equity investment in Jordan’s MS Pharma. “We believe that supporting leading companies such as MS Pharma will not only improve access to…