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…
When Amer Nasereddin returned to Jordan in 1996 upon completing his studies at the University of Washington in Seattle, he quickly spotted a chance to put his business administration degree to good use. “I realized there were particular gaps in…
Jordan’s Finance Minister, Omar Malhas, says the country will have to make some tough economic choices in 2017. By Dina Al Wakeel Jordan’s public debt now stands at almost 95 percent of GDP, and unemployment is running at around 16…
In an exclusive one-on-one, Jordan Kuwait Bank Chairman Abdul Karim Kabariti outlines his bank’s strengths and weaknesses, and explains how he plans to take the Kingdom’s third largest lender to the next level. By Dina Al-Wakeel Under the 20-year stewardship…
Mazen Darwazeh: Vice-Chairman and MENA CEO of Hikma Date of Interview: October 2013 Hikma is one of a handful of Jordanian companies that can truly be considered world class. In the first half of 2013, its revenues reached $638.3 million….
Sapped by continuing conflict in surrounding countries, Jordan’s tourism sector has seen better times. But the Kingdom’s Tourism Minister Nayef al-Fayez is leading an ambitious drive to encourage visitors to return. By Elisa Oddone In the new science fiction epic…
The likes of Microsoft, Intel, and Oracle want to be more than just simple technology firms—they’re now aiming to be good corporate citizens that can bring about positive change in communities around the world. By Zeid Nasser For years, tech…
Jordan’s economy might be improving, but youth unemployment remains a pressing challenge. By Khalid W. Wazani Every six months, the World Bank publishes the Jordan Economic Monitor. The wide-ranging report provides a snapshot of how the Kingdom’s economy is performing…
They’ve been painful, but there are signs subsidy cuts may have started to bear fruit. The Jordanian government’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of…
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…