As Jordan’s economy has gradually opened up to the world, giant international companies have rushed in with products and services designed to cater to the demands of the Kingdom’s increasingly sophisticated and discerning consumers. But despite this ever stiffer competition…
Aramex reported that its full-year profit for 2016 surged 37 percent to JD82.4 million, fuelled largely by the growing popularity of e-commerce and a string of recent investments. The Dubai-based logistics giant, whose revenues also leapt 16 percent to JD838.7…
From Careem to ArabiaWeather, VC firm Wamda Capital has a canny knack of picking out the most exciting prospects from our region’s burgeoning startup scene. By Dina Al-Wakeel Leading the region’s venture capital firms, Wamda Capital invests in propitious entrepreneurial…
Fadi Ghandour, Former CEO of Aramex Date of Interview: April 2013 After three decades as CEO of Aramex, the logistics company he founded in 1982, Fadi Ghandour surprised the business world when he announced he was stepping down. In recent…
Tech Growth Fund Wamda Capital has raised $60 million in the first round of funding of a $75 million Wamda MENA Ventures I fund, and invested 40 percent of that so far. The venture capital firm, which is based in…
Jordan’s business community has reacted with sadness and shock to news of the death of sisters Jumana and Soraya Salti over the weekend. Soraya was a celebrated entrepreneur and the founder of INJAZ, a regional non-profit organization that aims to…
Aramex, the global logistics and transportation solutions provider, today announced its full year financial results for 2014, which was the tenth consecutive year of record profits since the company was listed on the Dubai Financial Market. The company’s 2014 full…
Aramex, the leading global logistics and transportation solutions provider, announced its joint venture with Leo Global Logistics, a prominent logistics service provider in Thailand. The newly launched Aramex Thailand will strengthen Aramex’s Asia-Pacific proposition, building on the company’s owned operations…
How worried should the region’s traditional broadcasters be about the rise of Internet TV? By Laith Abou-Ragheb The battle for viewers and ads is heating up between the region’s established TV networks and over-the-top upstarts like YouTube and Netflix, which…