A national drive to boost support for Jordan’s SMEs is gaining pace, spearheaded by increased access to finance and plans to garner a more business-friendly operating environment. In June the World Bank and the Central Bank of Jordan (CBJ) announced…
The European Bank for Reconstruction and Development (EBRD), the WZB Berlin Social Science Center, and Jordanian-based initiative, Madrasati, have partnered together to promote double shift systems within Jordan’s schools. The idea behind this structure is to have an immediate solution…
The International Finance Corporation (IFC), the private sector arm of the World Bank, is making a $45 million equity investment in Jordan’s MS Pharma. “We believe that supporting leading companies such as MS Pharma will not only improve access to…
Almost a third of Jordanian firms cited limited access to finance as the top obstacle to their operations, a recent report said. report, produced by the European Bank for Reconstruction and Development, the European Investment Bank, and the World Bank…
In an effort to foster economic development in rural areas of Jordan, the European Bank for Reconstruction and Development (EBRD) has loaned $21 million to the Al Jazeera Agricultural Company to help expand and upgrade its facilities. The investment will…
The growth of small and medium businesses continues to be hindered by a lack of access to finance. But could recent initiatives change this? By Jane Hosking Growing an SME without access to finance is no easy task. Just ask…
Jordanian firms need more government support to overcome challenges holding back greater competitiveness and innovation, including lack of access to finance, corruption, skill shortages, and over-burdensome taxes, according to a major new report from the European Bank for Reconstruction and…
The European Bank for Reconstruction and Development (EBRD) is partnering with Cairo Amman Bank (CAB) to increase support for small businesses in Jordan by providing the equivalent of US$ 20 million in Jordanian dinars for on-lending to micro, small and…