The Central Bank of Jordan says it’s fast laying the groundwork for the creation of a cashless economy. By Dina al-Wakeel The Central Bank of Jordan has issued several regulations in recent years to catch up with the ever-changing payment…
Click the link to check out the Investments guide – The Journal by Venture in full: Jordan Welcoming The World As the Jordan Investment Commission (JIC) continues to work on reducing bureaucratic red tape and facilitating reforms, there has been…
Jordan’s punitive and convoluted tax system is harming its economic prospects. By Laith Qassem A recent study by To-Excel Consulting found the active number of taxpayers in Jordan declined from 292,744 in 2009 to 208,271 in 2012. The mix of…
Rasha Manna, the managing director of the entrepreneur support group Endeavor Jordan, lays out the challenges facing the Kingdom’s startups, and what it takes to overcome them. The one major difficulty Endeavor faces in Jordan is pipeline—finding companies that meet…
Thanks to its investor-friendly business environment, world-class infrastructure, and strong government backing, Dubai is fast emerging as the go-to tech hub for the region. What lessons can other rival startup centers around the region, including Jordan, learn from the emirate’s…
A sweeping new law is finally about to come into force should give public transportation in Jordan a big boost. By Hazem Zureiqat After three years of gathering dust in parliament, a new law that governs passenger transport in Jordan…
Jordan was thrown a lifeline at February’s international donor conference for Syrian refugees. But for the billions of dollars pledged to make a lasting impact, they must be spent on genuine long-term economic development. By Osama Al Sharif We could all…
Even though it’s made encouraging moves to attract greater FDI over recent years, such as the introduction of the 2014 Investment Law, Jordan still isn’t doing enough to develop an investor-friendly business environment, a new report by the Identity Center…
This month: A worrying interpretation of the law, how to stop news websites from trading in sensationalist rumors, and why terrible events in Paris shouldn’t stifle the freedom to express ourselves online. By Osama al Sharif Journalists and social media…
With no less than 25 competing groups, Jordan’s banking sector could benefit greatly from a little consolidation. By Jawad J. Abbassi A common measure for market concentration is the Herfindahl–Hirschman Index, or HHI. It’s defined as the sum of the…