Tag: Growth

Maersk Launches New Service through Aqaba

Denmark’s Maersk Line, the world’s largest container shipping company, is promising Jordanian companies faster and easier access to global markets with the launch of a new service that directly connects Aqaba to South India and the Western Mediterranean. With its…

Jordan’s Top Businesswomen: Rana Hamarneh

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. Managing Partner at AdPro Communications Rana Hamarneh, managing partner at Amman-based…

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…

The Good State of Real Estate

Lamudi’s Khaled Anabtawi believes 2015 is shaping up to be another strong year for Jordan’s real estate sector.  By Elisa Oddone Jordan’s real estate market, which makes up around 5 percent of the Kingdom’s GDP, seems to be in good…

Growing to Compete

Amman’s Kempinski is undertaking a major expansion to take on growing competition in the capital. By Elisa Oddone A string of new five star hotels are due to open in Amman in the near future, sharply raising the competitive stakes…

Electricity: Rebalance, Don’t Hike

The government’s plan to increase electricity rates across the board will damage both its credibility and the economy. By Jawad J. Abbassi The rapid drop in oil prices, by over 60 percent since the summer, is a game changer for…

The Haves and the Have Nots

The world’s richest 1 percent will own more than half of global wealth by next year, a report by anti-poverty charity Oxfam revealed. The richest 1 percent currently own 48 percent of all global wealth, Oxfam said. In 2016 that…

A Crisis Costing Billions

The Syrian civil war, coupled with the spread of ISIS, has so far cost countries in the region over $33 billion, according to a World Bank report. The policy research working paper quantifies the direct and indirect economic impact of…

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….

Aramex Announces Tenth Year of Record Profits

Aramex, the global logistics and transportation solutions provider, today announced its full year financial results for 2014, which was the tenth consecutive year of record profits since the company was listed on the Dubai Financial Market. The company’s 2014 full…