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…
The newly installed CEO of Oasis500 aims to provide greater post-acceleration support for startups. By Rebecca Irvine Since its establishment in 2010, Oasis500 has graduated several well known Jordanian companies, including ArabiaWeather, e-payment platform MadfooatCom, and book seller Jamalon. Oasis500’s…
Registering a company can be fraught with difficulties. But a new USAID-funded guide is here to help. By Rebecca Irvine The Startup Guide is a free, comprehensive guide on how to approach registering a business within the Kingdom. It was…
The Housing Bank for Trade and Finance is building on its solid reputation to expand its retail and corporate business. Jordan’s banks are known for their resilience. The sector has been one of the main pillars that support the economy…
Jordan is intensifying efforts to provide support for startups and SMEs by easing access to financing. Despite some continued obstacles to obtaining conventional bank finance, rising public and private investment in tech companies is contributing to a growing optimistic outlook…
Deciding what salary they should pay themselves can be one of the trickiest questions that founders face. By Rebecca Irvine While Emile Cubeisy, managing partner at venture capital firm Silicon Badia, believes there’s no clear cut answer to how big…
Jordan has signed multimillion dollar funding deals for a wide array of new infrastructure projects. But not everyone is happy about who gets to build them. Jordan has inked more than $600 million worth of funding agreements in recent months,…
Oasis500 has launched a new multimillion dinar venture fund which seeks to develop businesses based around space technologies. The startup accelerator’s Jordan Space Ventures Fund will provide funding and mentorship to entrepreneurs using technologies like satellite communication systems to tackle…
At Endeavor Jordan‘s annual DealMakers event in Amman last month, entrepreneurs and potential investors were brought together for one-on-one speed networking sessions that aimed to give promising young companies a chance to pitch their ideas in a less formal setting…
Alectris, a leading global solar asset care innovation firm, and MASE, Modern Arabia for Solar Energy, today announced its alliance on Arabia One Solar, a 10 MWp AC solar PV plant in Jordan. MASE, established by the Arabia Group of…