Tag: potash

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…

GDP to Grow 4 Percent in 2015 – QNB

Despite a difficult regional context, the Qatar National Bank (QNB) Group said it expected Jordan’s real GDP growth to reach 4 percent over 2015, accelerate to 4.3 percent in 2016, and 4.5 percent in 2017. Jordan’s economy would continue to…

The Arab Potash Company: Did Privatization Work?

This article appeared in the April, 2014 edition of Venture.   More than a decade has passed since the Arab Potash Company was partly sold off under Jordan’s controversial privatization drive. Was it a wise move? By Dina al-Wakeel Jordan’s controversial…