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…
The ludicrously high garbage collection fees charged to struggling Petra hotels is just another example of the government’s myopic approach to raising revenue. By Yusuf Mansur On its website, the Petra Development and Tourism Region Authority describes itself as a…
Regulators need to clamp down on the abuse of board of directors’ travel expenses. By Jawad J. Abbassi Jordan’s Corporation Law sets clear compensation guidelines for board of directors in publicly traded companies. Directors can receive a maximum of…
There are strong signs that Umniah, one of Jordan’s big three mobile operators, could be put up for sale. Batelco, the Bahraini telco that bought a majority stake in Umniah for just over $400 million in 2006, has mandated Citigroup…