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…
As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…
With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…