Improving economic conditions, increased tourism numbers and the launch of two major development projects are forecast to support growth in Abu Dhabi’s retail sector, especially within the food and beverages (F&B) segment. In late April it was announced that construction…
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…
Aramex rolls out an ambitious new business plan to tackle its courier challenge and strengthen its B2C model. Aramex turns 34 this year. For the greater part of its life, it was a regular courier company that was always known…
ArabiaWeather, Jordan’s popular privately-owned weather website, recently raised $5 million in funding that will be used to fund a major expansion drive. Mohammed al Shaker, ArabiaWeather’s founder and CEO, said the investment deal was led jointly by Silicon Badia and…
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…
Beirut is rapidly shaping up as a crucial player in the region’s startup scene. Venture spoke to four Lebanese female entrepreneurs who have made major headway in Lebanon, the region, and even the world with their startups and creations. …
Not content with its already strong position in Jordan and the wider region, the Nuqul Group is undertaking an ambitious expansion plan which aims to take the multifaceted company to the next level. By Elisa Oddone Ghassan Nuqul made a…
Founded in Amman over three decades ago as a small family-run florist, Alissar’s distinctive flower arrangements can now be found in homes and businesses across the region, including some of the Gulf’s most luxurious hotels. By Dina al Wakeel The…
Dubai-based crowdfunding platform Eureeca has just received regulatory approval from the UK’s powerful Financial Conduct Authority (FCA), which should give a major boost to Jordanian startups and early-stage businesses seeking investment. The FCA approval means Jordanian companies will be in…
Jordan’s Nuqul Group is planning to sell off around 25 percent of Fine Hygienic Holdings, one of the region’s largest tissue and paper products manufacturers, in a bid to boost the group’s growth, Nuqul Vice Chairman Ghassan Nuqul told Venture….