Dubai is a great example of how global cities can adapt and thrive in uncertain times. By Nader Museitif Global cities, just like global companies, find it difficult to ride an economic boom and avoid the subsequent cooling off period. Economies…
Iran’s nuclear deal with world powers is expected to create a raft of trade and investment opportunities for Dubai, which is widely seen as Tehran’s stepping stone to global markets. Iran’s nuclear deal, announced on July 14, allows Tehran to…
Market volatility never really goes away. The trick is learning to adapt to it. By Nader Museitif This year has seen a good share of volatility, on both global and regional levels. The price of oil has dipped since the…
In the World Economic Forum’s recently published Global Competitiveness Report 2014-2015, Jordan managed to improve its position, moving up from 68 to 64 out of 144 economies. Margareta Drzeniek, director and lead economist, Global Competitiveness and Benchmarking Network, tells Venture…
Hikma Pharmaceuticals is set this month to take its place alongside GlaxoSmithKline, AstraZeneca and Shire as a fourth blue-chip drug maker on the FTSE 100, Britain’s benchmark share index. Hikma will push Tullow Oil out of the esteemed club of…
These are exciting times for MENA’s online industry. Traditional sectoral investors are starting to worry about the impact of low oil prices, a potential slowdown in construction and real-estate, and eroding margins in telecom and banking. On the other hand,…
Food prices in Jordan are projected to decline this year by 20 to 30 percent, according to Raed Hamadeh, the food sector representative at the Jordan Chamber of Commerce (JCC). The price drop, which is largely due to the decline…
We must learn to temper optimism with a little pessimism to successfully tackle the daunting challenges that lay ahead. By Nader Museitif It’s easier to be an optimist; you worry less, maintain a normal blood pressure, and handle things as…
US photovoltaic company First Solar, which plans to build one of the region’s biggest solar power plants in southern Jordan, said recent major oil price fluctuations mean it’s vital for states in the region to continue diversifying their energy sources….
For as long as they last, cheap oil prices have far-reaching implications. Why are oil prices so low? Fracking, which involves shooting a mixture of water, sand, and chemicals into the ground to crack open deposits of oil and natural gas,…