Press Releases

Munya Specialized Resorts Announces the Start of the Largest Project in the North

Date: 
01/09/2009

Amman, September 2009 – Munya Specialized Resorts – one of the tourism development subsidiaries under Jordan Dubai Properties (JD Properties) – announced the signing of a construction agreement with the Ammoun Jordan Construction Company, a Grade A construction company that was awarded the tender issued by Munya Specialized Resorts last June. Ammoun will begin implementing phase one of the Munya Tourism Project that is the first eco-friendly tourism investment project of its kind in Dibbeen and one of the largest investment projects in the north of the Kingdom.

Munya Specialized Resorts Supports the "Akrem Wa Ate`m" Campaign by Tkiyet Um Ali

Date: 
01/09/2009

Amman, September 2009 – On the occasion of the holy month of Ramadan, and as part of its commitment to programs that are designed to make a positive impact, Munya Specialized Resorts – one of the tourism development subsidiaries under Jordan Dubai Properties (JD Properties) – announced the renewal of its cooperation with Tkiyet Um Ali through the signing of an agreement whereby Munya will be providing support to the "Akrem Wa Ate`m" campaign that is conducted by Tkiyet Um Ali during the month of Ramadan.

Jordan Dubai Capital Sells Its Shares in Jordinvest

Date: 
18/08/2009

Jordan Dubai Capital (JD Capital) announced yesterday the selling of its shares in Jordan Investment Trust PLC (Jordinvest) after having invested in the company since 2006 through acquiring 28% of its capital.

Jordan Dubai Capital is the Biggest Supporter of Tkiyet Um Ali's "Akrem Wa Ate`m" Campaign

Date: 
18/08/2009

Amman, August 2009 – In reflection of its belief in the importance of strengthening the principals of social cohesion and in order to activate its socially responsible efforts geared towards the local community, Jordan Dubai Capital (JD Capital) announced that it will be cooperating with Tkiyet Um Ali as a major supporter of the "Akrem Wa Ate'm" Campaign that was launched by Tkiyet Um Ali on the occasion of the holy month of Ramadan.

Amlak Finance-Jordan Adopts Precautionary Measures in Light of the Global Financial Crisis

Date: 
01/07/2009

Amman, February 2009 – Amlak Finance-Jordan, a company specialized in Shariah-compliant real estate financing, reduced its capital from JD60 million to JD1 million in its General Assembly held on the 8th of February 2009.

Central Bank of Jordan Grants Industrial Development Bank a License to Commence Its Operations as an Islamic Bank

Date: 
13/06/2009

The Chairman of the Industrial Development Bank (IDB), H.E. Mr. Samir Zaid Al-Rifa’i, announced IDB’s attainment of a preliminary license from the Central Bank of Jordan (CBJ) to begin its operations in Jordan as an Islamic banking institution that offers a comprehensive package of Shariah-compliant services. IDB will also soon be re-launched under the name of Jordan Dubai Islamic Bank (JDIB).

H.E. Samir Zaid Al-Rifa’i Becomes Chairman of Industrial Development Bank

Date: 
13/05/2009

The Board of Directors of the Industrial Development Bank (IDB) announced the election of H.E. Mr. Samir Z. Al-Rifa’i as the Bank’s Chairman after Mr. Mufleh Aqel submitted his resignation on Thursday, 7th of May 2009. The Board thanked Mr. Aqel for his valuable contributions to the Bank throughout the previous 9 years during which he was Chairman and helped the Bank achieve various successes.

Munya Specialized Resorts Signs a Memorandum of Cooperation with Jordan River Foundation

Date: 
20/04/2009

Amman, April 2009 – Within its aims to establish a comprehensive, world-class and environmentally-friendly resort, Munya Specialized Resorts - one of the tourism development subsidiaries under Jordan

Munya Specialized Resorts Signs a Memorandum of Understanding with the Ministry of Agriculture

Date: 
20/04/2009

Amman, April 2009 – Within its aims to establish a comprehensive, world-class and environmentally-friendly resort, Munya Specialized Resorts - one of the tourism development subsidiaries under

Jordan Dubai Financial Acquires 4 Million Stocks in the First Insurance Company

Date: 
03/03/2009

In line with its strategy to invest in Sharia compliant financial service providers, Jordan Dubai Financial (JD Financial) - the investment arm of Jordan Dubai Capital (JD Capital) in the financial sector, announced its acquisition of 4 million shares of First Insurance Company, which represents 17.25% of the company's capital. With this investment, Jordan Dubai Capital's direct and direct shares in the company exceeded 25% of First Insurance's Capital.