Venture capital funding, with its investment in innovative, high-growth companies, has been a growing asset class within regional investors’ portfolios. According to Dubai-based MAGNiTT, the Middle East’s largest online startup community, 2018 saw a record number of such deals, totaling…
Economy of Jordan State When it comes to grappling with the perilous state of Jordan’s economy, there are many factors which are out of the government’s control. But there are modest steps it can immediately take to set the country…
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…
Knowing how much cash reserves your company needs to maintain is tricky, but balance is key according to Mohammad al-Karaki, partner at Ernst and Young Jordan. By Rebecca Irvine Cash reserves are a company resource like any other, and should…
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…
ReserveOut, the leading online restaurant reservations platform and table management system provider in the Middle East and other growth markets, just announced a Series A raise of over $4 million led by regional VC firm Silicon Badia with the participation…
Jordan was thrown a lifeline at February’s international donor conference for Syrian refugees. But for the billions of dollars pledged to make a lasting impact, they must be spent on genuine long-term economic development. By Osama Al Sharif We could all…
As part of efforts to make the Syrian refugee response more sustainable, the WANA Institute is throwing its weight behind a plan that promises to create thousands of jobs for Syrians and help develop Jordan’s economy at the same time. …
Having set about transforming the way Jordanians pay their bills via its e-Fawateer platform, online payment company MadfooatCom now has its sights set on regional expansion. By Rebecca Irvine When Nasser Saleh returned to Jordan after several years of working…
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…