Increased consumer spending during Ramadan helps offset any slowdown in workplace productivity. By Nada Atieh A study published in the Quarterly Journal of Economics in 2015 looked at data from almost every country over the past 60 years and found…
Aéroports de Paris has big plans for Jordan’s aviation sector after acquiring a controlling stake in the operator of Queen Alia International Airport. Groupe Aéroports de Paris (ADP) recently announced it has spent $265 million to buy a majority 51…
Modern Designs is Jordan’s high-end property developer; a company utterly committed to craft elegant quality homes. Each material is carefully selected, and each building process receives the time and attention it deserves, in turn delivering superior value for your money….
The regional head of the European Bank for Reconstruction and Development, Heike Harmgart, explains why the EBRD has pledged to invest 1 billion euros in infrastructure projects in Jordan. The European Bank for Reconstruction and Development (EBRD) held its first annual meeting…
It’s not hard to understand why the Thai capital consistently ranks as one of the world’s most visited cities. By Nada Atieh Last year, international tourist arrivals in Thailand were on the up and up, reaching a record 35 million, about half…
Jordan’s economy and investment climate has been shaken over recent years by unrest in neighboring Iraq and Syria, spiralling unemployment, a debt-to-GDP ratio of 95 percent, and a series of IMF-backed subsidy cuts and tax rises. All this while vital…
Jordan’s cut flower sector has enjoyed double-digit growth over the past decade. But this success is being threatened by new tax hikes affecting consumer spending, in addition to increasingly fierce competition from African growers. By Celine Alkhaldi Rows of red…
Over many years, cultural, language and political differences have led citizenries of various countries to seek independence from their ruling governments. But could these new states survive economically? By Dina Marto Separatist movements are largely motivated by the politics of…
The regional CEO of Standard Chartered says his bank is in Jordan for the long haul. One of the UK’s biggest banks, Standard Chartered entered Jordan’s banking sector in 2000 when it acquired ANZ Grindlays’ operations in the Kingdom. Standard…
As a local cosmetic producer of skincare products based on Dead Sea minerals and plant extracts, Rivage has grown quickly since its inception two decades ago and now competes on an international platform. By Nada Atieh Rivage was brought to…