Tag: agreement

infrastructure investment

EBRD Finances Infrastructure Investment Program

The European Bank for Reconstruction and Development (EBRD) has signed a preliminary agreement with Jordan to finance an infrastructure investment program worth 2.8 billion euros. “This memorandum of understanding further cements the cooperation between the EBRD and the government of…

Minister of Finance Omar Malhas at the Euromoney Conference

Jordan to Begin Talks With IMF on $700-$800 Million EFF

Jordan is expected to begin talks with the IMF this month to try to secure an Extended Fund Facility (EFF) with the international lender worth between $700 and $800 million. The talks come after Jordan successfully completed a three-year, $2…

Nuqul Goes for Growth

Not content with its already strong position in Jordan and the wider region, the Nuqul Group is undertaking an ambitious expansion plan which aims to take the multifaceted company to the next level. By Elisa Oddone Ghassan Nuqul made a…

Nuqul Plans to Sell 25 Percent Stake in Fine – Vice Chairman

Jordan’s Nuqul Group is planning to sell off around 25 percent of Fine Hygienic Holdings, one of the region’s largest tissue and paper products manufacturers, in a bid to boost the group’s growth, Nuqul Vice Chairman Ghassan Nuqul told Venture….

Tabuk: On Pharma’s Frontline

By boldly overhauling its management structure and expanding its range of medicines over recent years, Tabuk Pharmaceuticals has cemented it position as one of the region’s leading drug companies. By Elisa Oddone Boasting a steady annual growth of 25 percent…

Venture Explains: Leviathan and Tamar

What are they? Leviathan and Tamar are two vast Israeli offshore gas fields. The former, discovered in 2010 off Israel’s Mediterranean coast, is the world’s biggest offshore gas find of the past decade. Why should we care? Though any agreements…