Tag: Jordan Phosphate Mines Company

Solar Water

Official Partnership: UK firm Solar Water Plc and JPMC

The British Ambassador Edward Oakden, hosted on Tuesday a signing ceremony of the official partnership between the UK firm Solar Water Plc and the Jordan Phosphate Mines Company (JPMC). The ceremony was held to celebrate one of the largest UK technology…

OMAR RAZZAZ

Venture at 10: Omar Razzaz

Omar Razzaz, Former Chairman of the Privatization Evaluation Committee Date of Interview: May 2014 After many suspected major mistakes were made during Jordan’s controversial privatization drive, the government formed the Privatization Evaluation Committee in 2013. A year-long investigation led by…

APC 2015 Net Profits Surge 31 Percent

Arab Potash Company (APC) said its 2015 net profits rose 31 percent year-on-year to around JD131 million, while it also achieved a record production volume of 2.355 million tons over the same period. In a statement, APC’s chairman Jamal al…

OBG on Subsidy Cuts: Light at the End of the Tunnel?

They’ve been painful, but there are signs subsidy cuts may have started to bear fruit. The Jordanian government’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of…

Setting the Privatization Record Straight

Many still suspect major mistakes were made during Jordan’s controversial privatization drive. A year-long investigation led by Omar Razzaz, chairman of the Privatization Evaluation Committee, has now concluded the sell-off of public assets was by and large smoothly executed, but…