Tag: Heike Harmgart

A Double Shift in Education

The European Bank for Reconstruction and Development (EBRD), the WZB Berlin Social Science Center, and Jordanian-based initiative, Madrasati, have partnered together to promote double shift systems within Jordan’s schools. The idea behind this structure is to have an immediate solution…

The EBRD

EBRD Could Boost Investment to 150 Million Euros This Year

The European Bank for Reconstruction and Development (EBRD) said it could invest as much as 150 million euros in Jordan in 2017, up from 120 million euros the previous year. “Last year’s target started off with 120 million euros that…

Heike Harmgart, the head of the EBRD office in Jordan

Overhaul of Financial Watchdogs Needed – Study

Jordan’s financial regulators need to undergo greater reform for the Kingdom’s capital markets to achieve their full potential, the European Bank for Reconstruction and Development (EBRD) said in a new strategy paper it produced in conjunction with the Jordan Securities…

The Rush for Renewable Energy

Following the severe disruption of energy supplies in the wake of the Arab Spring, plans are underway for Jordan to reach energy independence with the help of cutting-edge renewable power projects. By Elisa Oddone A heavy reliance on imported energy…

EBRD Loans $21 million to Al Jazeera Agricultural Company

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…

Lending to the Little Guy

The growth of small and medium businesses continues to be hindered by a lack of access to finance. But could recent initiatives change this? By Jane Hosking Growing an SME without access to finance is no easy task. Just ask…

EBRD: Firms Need Greater Government Help

Jordanian firms need more government support to overcome challenges holding back greater competitiveness and innovation, including lack of access to finance, corruption, skill shortages, and over-burdensome taxes, according to a major new report from the European Bank for Reconstruction and…

EBRD Extends $20 Million MSME Facility to Cairo Amman Bank

The European Bank for Reconstruction and Development (EBRD) is partnering with Cairo Amman Bank (CAB) to increase support for small businesses in Jordan by providing the equivalent of US$ 20 million in Jordanian dinars for on-lending to micro, small and…

EBRD: Jordan’s Long-term Development

The European Bank for Reconstruction and Development (EBRD) is fast shaping up to be a major supporter of Jordan’s economy, having sunk no less than $260 million into a variety of projects over the two years it’s been operating in…