Tag: Funds

Arab Bank CEO Nemeh Sabbagh

Central Bank Announces Development Funds to Kick-Start Economy

The Central Bank of Jordan plans to set up a series of multi-million dinar development funds designed to stimulate the economy. “The Central Bank has worked on a number of finance initiatives through funds to help out startups, small businesses,”…

Petra Tourism Crash

Visitor numbers to Petra have plunged over recent years, forcing several hotels to close. Jordan Hotel Association Chairman Michael Nazzal said a solid investment from the government and a thoroughly planned marketing operation are needed to attract tourists back to…

Syrian Crisis: Finding the Funds

The United Nations recently issued its biggest ever humanitarian appeal for Syria. But with signs of donor fatigue setting in, what chance is there for the UN to find the billions of dollars needed to help the many displaced Syrians…