Amman May 14th, 2007 Jordan Dubai Capital announced its participation at the World Economic Forum on the Middle East which will convene at the Dead Sea in Jordan from 18 to 20 May. Leaders from the world of business, politics and civil society will meet to discuss various dimensions of the theme, “Putting Diversity to Work”.

This year’s gathering will spotlight efforts to accelerate economic diversification in a time of regional prosperity, while emphasizing the urgency of promoting peace and understanding in a region of great religious and ethnic diversity. Sessions will include discussions on industries of the future to broaden understanding of new industries that are playing a role in reshaping the region’s economies. JD Capital will be signing a number of agreements for major projects it is undertaking in the kingdom during the forum.

Samir Rifai, CEO of JD Capital reiterated JD Capital's support for the forum, "The forum is the ultimate platform for the launch of Jordan Dubai Capital's ventures. Taking part in this political and economic convergence is in line with our strategy of elevating economic sectors locally and regionally. "

Jordan Dubai Capital (JD Capital) is today the leading investment vehicle in Jordan with a capital of USD 300 million. JD Capital was founded at the end of 2005 and seeks to empower the local economy on a regional level. JD Capital will achieve this through contributing to the growing investment opportunities in Jordan by tapping into the numerous sectors with strong growth prospects. Among the company's many strengths are its extensive regional and local networks, know-how and vast financial capabilities.

An affiliate of Dubai International Capital, the investment arm of the giant group Dubai Holding, JD Capital focuses on an ambitious investment policy structured towards the outstanding opportunities in privatization, developmental projects and ventures in existing and emerging companies.

JD Capital has quickly established itself as a leading Jordanian investment company, bringing a new paradigm for doing business; it pursues sound investments that will enhance the welfare of the Jordanian economy, therefore increasing value to JD Capital's shareholders. JD Capital maintains a distinctive edge through its diversified investment approach whilst interacting with the local community to ensure solid contributions towards making a positive difference.

In 2006, JD Capital undertook investments of over USD 70 million. These included the establishment of its energy investment arm, Jordan Dubai Energy (JD Energy) that acquired 55% of EMS International, the leading energy management company in the region. JD Energy also has a healthy pipeline of investments specifically in the energy sector.

Other notable investments included a significant stake in Jordinvest, the leading investment bank in the Kingdom, and a significant investment in Saraya Aqaba, the leading property development company in Aqaba.

JD Capital is also a founding shareholder in the newly established USD 34 million FIRST Islamic Insurance Company. FIRST Islamic Insurance aims to be the leading provider of Islamic insurance in Jordan's growing market for Islamic financial services.

Among its many investments JD Capital has further signed an agreement with Ishraq Gulf Real Estate Holding to develop three "Express by Holiday Inn" hotels in Jordan.

In early 2007, JD Capital announced its partnership with Madaen Al Nour Real Estate Investment and Development to develop more than 600,000 sqm of land in "Orient City" in Zarqa.

JD Capital's pipeline includes potential investments in infrastructure, financial services, telecommunications, hospitality and tourism.

In particular JD Capital's management aims to build on and enhance the increasingly prevalent public-private sector partnership - a vital catalyst for elevating the Jordanian economy into a regional player. To JD Capital the Jordanian economy is the principal stakeholder.