Tag: Growth

refugee crisis

What Must Be Done

Economy of Jordan State When it comes to grappling with the perilous state of Jordan’s economy, there are many factors which are out of the government’s control. But there are modest steps it can immediately take to set the country…

Arab Bank CEO Nemeh Sabbagh

Central Bank Announces Development Funds to Kick-Start Economy

The Central Bank of Jordan plans to set up a series of multi-million dinar development funds designed to stimulate the economy. “The Central Bank has worked on a number of finance initiatives through funds to help out startups, small businesses,”…

Mohammad Ali Shahin, CEO of Joswe

Local Pharma: A Model Industry

Mohammad Ali Shahin wears many hats. He is the Chairman of the Jordanian Association of Pharmaceutical Manufacturers and Medical Appliances (JAPM), and is also the CEO of Jordan Sweden Medical and Sterilization Co. (Joswe) and the chairman of three manufacturers…

Air France

Air France: Flying High

Air France has been operating flights to, from and through Amman for almost four decades, offering their customers flights to France, Europe and the rest of the world. Venture spoke to Ghada Fanek, Air France KLM’s country manager for Jordan,…

Unemployment in Jordan not expected to fall -ILO

No fall in Jordan’s Unemployment Rate Expected in 2017 – ILO

Unemployment in Jordan and other Arab countries weighed down by the region’s twin security and refugee challenges will remain stuck at around 15 percent this year, the International Labour Organization (ILO) said in a new report “The unemployment rate for…

IMF

Growth Against the Odds

Despite having to contend with regional turmoil and significant domestic challenges, the IMF’s Mission Chief for Jordan believes the Kingdom’s economy will keep expanding in 2017. By Dina al-Wakeel  It’s been a trying few years for Jordan’s economy. From raging…

Laith Al Qasem

Working as One

If they really want to achieve sustainable economic growth, Jordan’s public and private sectors need to start seeing each other as allies rather than adversaries. By Laith Al Qasem Public–Private Dialogue (PPD) is an increasingly valuable tool that enables public…

Jordanians Coming back from the Gulf

Readying for an Expat Exodus

Many thousands of Jordanian expats working in the Gulf face an uncertain future as low oil prices begin forcing GCC governments to cut spending. Just how prepared is Jordan for their potential return? By Mothanna Gharaibeh Following the energy sector…