Tag: competitiveness

Increasing Wheeling Fees a Set Back for Renewables Sector-EDAMA

Increasing Wheeling Fees a Set Back for Renewables Sector-EDAMA

Sustainability NGO EDAMA slammed a proposed increase in wheeling charges of up to 400 percent as an unjustifiable move that aims to obstruct renewable energy projects. The government is currently considering hiking wheeling charges from 1.1 piasters to 4.5 piasters,…

Is Dubai the region's ICT hub?

Dubai’s Tech Hub Dream

Thanks to its investor-friendly business environment, world-class infrastructure, and strong government backing, Dubai is fast emerging as the go-to tech hub for the region. What lessons can other rival startup centers around the region, including Jordan, learn from the emirate’s…

The Future of the FTA

Washington’s chief economic diplomat in Amman believes the 2000 Free Trade Agreement can be expanded to offer even more support to Jordanian companies. By Dina Al-Wakeel The United States is easily one of Jordan’s most important economic partners. At the…

refugee crisis

Perhaps the Sky isn’t Falling

A rational evaluation of the state of the global economy is needed to counter the effect of the doom and gloom merchants causing jitters in markets. By Khalid W. Wazani Although in economic theory, prices are the main determinant of…

tax

Too Much of a Good Thing

An over reliance on foreign aid has allowed successive governments to put off taking the tough steps needed to create a truly sustainable economy. For the sake of Jordan’s future, this has to change. By Laith al-Qasem Jordan is a…

refugee crisis

Spotting Opportunities

Everyone agrees the coming year will be a tough one for the region’s economies. But some countries will fare much better than others because their decision makers were bold enough to seek out new opportunities and act upon them. By…

GDP to Grow 4 Percent in 2015 – QNB

Despite a difficult regional context, the Qatar National Bank (QNB) Group said it expected Jordan’s real GDP growth to reach 4 percent over 2015, accelerate to 4.3 percent in 2016, and 4.5 percent in 2017. Jordan’s economy would continue to…

InterContinental’s New Manager Upbeat

InterContinental Hotel Group (IHG) recently appointed Micheal Koth to the positions of Director of Operations for the Levant, and the of InterContinental Jordan. The industry veteran is confident he can maintain his group’s leading position in the Kingdom’s fast developing…

Failing Health

Public hospitals desperately need a dose of competition to boost standards and efficiency. I witnessed a terminally ill cancer patient being admitted to a top-rated private hospital in Amman. The room was sparkling clean and the nursing staff fully attentive,…

EBRD: Firms Need Greater Government Help

Jordanian firms need more government support to overcome challenges holding back greater competitiveness and innovation, including lack of access to finance, corruption, skill shortages, and over-burdensome taxes, according to a major new report from the European Bank for Reconstruction and…