Archive for the 'Economics' Category

“The country that uses this crisis to make its population smarter and more innovative — and endows its people with more tools and basic research to invent new goods and services — is the one that will not just survive but thrive down the road. We might be able to stimulate our way back to [...]

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It’s a hot and dusty day here at the dead sea but in case anyone’s interested, around eighteen 7iber-trained, young, citizen journalists from all over the Arab world, are right here at the World Economic Forum covering the three-day event and its sessions. We’ve got bloggers, live bloggers, flip cameramen, interviews, watweting and more. Check [...]

22,225 reads

AMMAN (AFP) — Jordan plans to begin work on a six-billion-dollar railway next year to bolster trade with its neighbours and create jobs for its cash-strapped population, Transport Minister Sahl Majali told AFP in an interview. “The 4.5-billion-dinar project is vital to Jordan because it will make freight movement faster and easier, cut transportation costs [...]

2,514 reads

Arabian Business just published it’s annual Most Influential Arabs list for 2009 and it’s pretty good popcorn reading. Like last year, only three Jordanians made the list, including Fadi Ghandour (who went up 52 spots to be ranked 27th), Samer Majali (38th) and Emad Hajjaj (who dropped 40 spots to be ranked 83rd). While Fadi [...]

2,463 reads

Kill Jewie

05Mar09

A main headline today, as most of you might know already, is the opening of a trial for two Jordanian men who are accused of plotting to kill an Israeli business man who runs a QIZ factory in Irbid. The two men were not able to go through with it, but not before security forces [...]

2,344 reads

International markets took a huge plunge yesterday, with the Dow Jones hitting its lowest point since 1997. Everywhere, even here in Jordan, people are feeling the financial pinch. Jobs are being lost and those who still have them are fighting to keep them. Salary raises are almost out of the question. Except in the Jordan [...]

2,367 reads

With Dubai’s economy in free fall, newspapers have reported that more than 3,000 cars sit abandoned in the parking lot at the Dubai Airport, left by fleeing, debt-ridden foreigners (who could in fact be imprisoned if they failed to pay their bills). Some are said to have maxed-out credit cards inside and notes of apology [...]

11,550 reads

On Monday, it was reported that a three year old in east Amman was kidnapped in the early morning with the kidnapper demanding 50,000JDs as a ransom. Ammon is reporting this as the first case of its kind in Jordanian history. Supposedly, the kidnapper had some sort of financial dispute with the grandfather in the [...]

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