Tag: banks

Euromoney

Euromoney Conferences Returns to Jordan

Euromoney Conference Returns to Jordan Under the theme ‘Delivering Growth, Maintaining Stability’ Euromoney Conferences – the world’s leading organizer of conferences for cross-border investment and capital markets – will hold its fifth annual Euromoney Jordan Conference on Tuesday 20 March, 2018….

roundtable discussions

Endeavor Holds Startup Finance Roundtable

Endeavor Jordan held the first in a series of roundtable discussions between banks and entrepreneurs last month in an attempt to find new ways of financing startups in Jordan’s historically risk-averse lending culture. Financial institutions in Jordan and the wider…

National Bank of Yemen Selects ICS BANKS® from ICS Financial Systems

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that National Bank of Yemen, which was established in 1969, It is reckoned to be one of the largest Commercial Banks and a…

Zoomaal Leads MENA Crowdfunding Revolution

Lebanese crowdfunding platform Zoomaal is helping hundreds of exciting and innovative ideas get off the ground across the region. By Elisa Oddone Since it was launched in 2013, Beirut-based Zoomaal has quickly asserted itself as one of the region’s leading…

Jordan Expected to Issue Debut Sukuk

Jordan said last month it was going to issue its first ever sovereign sukuk, or sharia-compliant bonds, soon. The long anticipated issuance is expected to rake in some JD400 million to finance real estate projects, a source familiar with the topic…

The New Income Tax Law: Who Wins and Who Loses?

The new Income Tax Law finally came into effect this year in an attempt to raise more government revenue. But what does it mean for individuals and businesses? By Jane Hosking Jordan’s long awaited, and debated, new Income Tax Law…

Liwwa P2P Lender Scores New Investment

In a sign that crowdsourcing is set to become an important fundraising option for the region’s cash-starved SMEs, Amman-based peer-to-peer lender Liwwa recently closed a successful financing round involving three major investors. The round was led by DASH Ventures, with…

Sukuk Market Set for Lift-Off

With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…

Jordan’s Top Businesswomen: Nadia Al Saeed

This feature is part of a series highlighting some of the most prominent Jordanian businesswomen who managed to climb to the top of the corporate ladder in their respective fields in the Kingdom. Bank al Etihad General Manager Nadia al Saeed assumed the position…

EBRD: Firms Need Greater Government Help

Jordanian firms need more government support to overcome challenges holding back greater competitiveness and innovation, including lack of access to finance, corruption, skill shortages, and over-burdensome taxes, according to a major new report from the European Bank for Reconstruction and…