Amman, Jordan (October 2007) – Building off its strategic vision, Jordan Dubai Capital (JD Capital) signed a silver sponsorship agreement with Queen Rania Center for Entrepreneurship (QRCE). By virtue of this agreement, JD Capital would have early an access to potential innovative businesses that graduate from the Queen Rania National Entrepreneurship Competition and other program for investment proposes. As a result, JD Capital will play an instrumental role in fostering Jordan’s next leading knowledge-based industries.

JD Capital is a leading investment vehicle in Jordan; managing assets with a value of over USD 1 Billion. An affiliate of Dubai International Capital, the investment arm of the giant group Dubai Holding, JD Capital was founded at the end of 2005 and seeks to empower the local economy on a regional level and maximize shareholders value. JD Capital will achieve this through contributing to the growing investment opportunities in Jordan.

“The QRCE’s programs are in clear harmony with JD Capital’s mission and values as they intersect to generate wealthy ventures for Jordan,” said H.E. Mr. Samir Z. Al-Rifai, JD Capital CEO. “This partnership further signifies an expression of our unwavering recognition of the exceedingly attractive investment climate and opportunities now available in Jordan and the competitive level of human resources we have.”

From his part Mr. Basel S. Kilany, Acting Director at QRCE said: “JD Capital’s sponsorship resembles a true illustration of the private industry’s support to programs that develops the national economy and is a role model for others to follow.”

The QRCE is running several leading national and international programs, including: the Queen Rania National Entrepreneurship Competition (QRNEC), CONNECT-Jordan program, Technology Commercialization Program (TCP), made in Jordan (MIJC) and the students entrepreneurship club (DART).