Category: News & Views

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…

foreign patients

PHA Blames Government Visa Rules for Plunging Medical Tourism Numbers

The number of foreign patients visiting Jordan for treatment slumped by 40 percent over 2016 and 2017 due to stricter visa rules imposed by the government, the head of the Private Hospitals Association told The Jordan Times. “In 2015, the…

ILO: Global Unemployment to Remain High in 2018

  As the global economy recovers but fails to keep up with an ever-growing labor force, global unemployment in 2018 is projected to remain at a similar level to last year’s, according to the World Employment and Social Outlook: Trends 2018, a…

solar Plant

EBRD Provides a $22 Million Loan for Solar Plant

The European Bank for Reconstruction and Development (EBRD) said it provided a $22 million loan for the construction and operation of a 50 MW solar plant in the Risha region, 300 kilometers north-east of Amman. The loan will be provided…

bitcoin

We haven’t seen the back of Bitcoin

Despite wild fluctuations in value and grumblings from regulators, it seems likely that Bitcoin and other cryptocurrencies are here to stay. At the end of November, the price of Bitcoin crossed reached $10,000 and just kept going up and up…

real growth

Reasons for Cheer in 2018

After a decade or so in the doldrums, things are finally looking up for Jordan’s economy. Evidence from both the global and regional arena warrant saying that Jordan is moving towards a growth cycle, leaving the bottleneck of the last…

Etihad

Etihad to Launch Second Daily Flight Between Abu Dhabi and Amman

Etihad Airways is launching a second daily flight between Abu Dhabi and Amman in March. “The double daily year-round schedule will provide greater choice to local passengers traveling between Abu Dhabi and Amman, with attractive timings of early afternoon and…

transport woes

Amman’s Transport Woes: Managing Expectations of the BRT

The BRT has come to be viewed by some as the be-all, end-all solution to Amman’s transport woes. In reality, the project is only the first step in a long journey ahead. Its significance is more in what it represents…

Airport International Group

Airport International Group: Second Decade of Success

CEO Kjeld Binger, leads Airport International Group into a 2nd decade of success.  Airport International Group is marking a decade of managing Jordan’s prime gateway to the world, Queen Alia International Airport. Since assuming responsibility for the rehabilitation, expansion and operation…

smart city

Retailers and the Digital Sales Switch

Bricks and mortar retailers must develop an online presence if they want to keep hold of customers that are steadily drifting online. A Study by the US National Retail Federation found that 59 percent of shoppers plan to make online…