An Iraqi bank controlled by Jordanian interests plans to open five more branches in Iraq by the end of this year, a sign that there is still money to be made in much of the country despite civil war and low oil prices.
Breaking News
San Jose, US-based networking giant Cisco invested $6 million in the Badia Impact Fund to back tech startups in Jordan as part of a $10 million venture capital investment already committed in May 2011.
Masdar Clean Energy announced its participation in the USD290-million Jordan Wind Project Company (JWPC), the company's first renewable energy investment outside the United Arab Emirates.
Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.
The Iraqi government may get funding from Citigroup for a proposed oil pipeline that will run through Jordan
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