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“The bank has moved up decisively. The before tax profit increased by 40% in 2015, compared to 2014. We inaugurated more branches. Our portfolio is better and our capital adequacy ratios are up,” says Omar Razzaz, Chairman of Jordan Ahli Bank.
“We are finalising our calendar of events for 2016. I shall focus on two major events that I hope to conduct in 2016. One shall be either in March or April. In the past month, in cooperation with the UNESCO Amman office, Talal Abu-Ghazaleh Organisation and the Jordan Orchestra we have invited a very important trumpet musician from Italy to record Petra’s Melody,” says Dr. Emad Hijazeen, Deputy Chief Commissioner & Petra Archaeological Park Commissioner of Petra Authority (PDTRA).
“In the past four years, we have been working on developing a strategic master plan for Petra. Through this we have finalised which projects will be contracted and what type of investment could help us in order not only to attract tourists but to present Petra as a world class destination,” says Dr. Emad Hijazeen, Deputy Chief Commissioner & Petra Archaeological Park Commissioner of Petra Authority (PDTRA).
“Ayla is very unique; it is basically realising the vision of Aqaba in a way. The vision of Aqaba was to have 50% of its activities in tourism and in other related developments. So Ayla was given land on the border which was undeveloped to turn into a mixed use development and attraction,” says Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.
“We remain optimistic and resilient. I think the word resilient here is very important. Jordan has seen many adversities, not in Jordan but in neighbouring countries,” explains Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.
“Tourism is basically the major sources of income to the Kingdom and the employer of tens of thousands of people. Jordan boasts many touristic sites like Petra, Jerash, Wadi Rum, Dead Sea and Aqaba. We believe that tourism is Jordan’s future in terms of revenue and prosperity,” explains Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.
“We believe that Jordan is far away from having realised its potential. That is great in business. If more foreign investors come here and show what we can do and how it can be a very important part of local development then that would also help. That is one of the jobs we are trying to do,” says Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
“Targeting an area such as the Pearl River Delta in China, which Shenzhen is part of, means you have to find a local partner. A local partner is not a commercial marketing company,” explains Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
“The main objective is to be an example for proving to the Jordanian government that Aqaba can be a great manufacturing location. That is something they didn’t believe at all and now they are starting to believe it,” says Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
“The vision of Aqaba, held by the authorities when we first came here, did not give an important role to industry,” explains Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.
