Press Releases
World Economic Forum, Dead Sea, Jordan, May 19th, 2007 - Under the patronage of His Majesty King Abdullah II, Jordan Dubai Capital (JD Capital) and Social Security Investment Unit announced on Saturday the signing of the ِArticles of Association for "Inwan", a mortgage finance company, with a start-up capital of over US $ 75 million.
World Economic Forum, Dead Sea, Jordan, May 19th, 2007 - Under the patronage of His Majesty King Abdullah II, Jordan Dubai Capital (JD Capital), Dubai International Capital LLC (DIC) and Dubai Islamic Bank (DIB) announced strategic partnership with the Industrial Development Bank (IDB). Dubai International Capital LLC, the international investment arm of Dubai Holding had announced the establishment of JDC during the World Economic Forum at the Dead Sea in 2005.
World Economic Forum, Dead Sea, Jordan, May 19th, 2007 - Under the patronage of His Majesty King Abdullah II, Jordan Dubai Capital (JD Capital) and the Social Security Investment Unit (SSIU), announced on Saturday in a signing ceremony held at the sidelines of the World Economic Forum, the launch of "Munya Woodland Resort & Spa", one of the major investment projects in northern Jordan, with a total cost upwards of USD 50 million.
JD Energy acquires 51% in the USD 645 million Central Electricity Generating Company (CEGCO)
Government owns 40%, Social Security owns 9%
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”.
Amman - Jordan Dubai Capital and Madaen Al Nour Real Estate Investment and Development Co., a member of Al Salam International Transport and Trading , PLC Group,, signed a partnership agreement early
Amman 6\12\2006 Jordan Dubai Capital (JD capital) is to participate as an Investment Partner in the fourth annual ICT Forum entitled “Hosting the Future”, to be held under the Patronage of His Majesty King Abdullah II. The forum is seen as an international conference dedicated to introduce the world’s cutting edge information technologies and gather a group of the most acclaimed leaders and pioneering companies in Jordan, the region, and the world.
Amman 25 June 2006 Today an announcement was made between Jordan Dubai Capital (JD Capital) and Ishraq Gulf Real Estate Holding to develop three ‘Express by Holiday Inn’ hotels in Jordan.
The hotels will be constructed in Jordan’s major cities at a cost of JD 30 million and will form part of an aggressive five year plan to develop over 36 Express by Holiday Inn hotels in the Middle East region.
Amman May 8, 2006—Jordan Dubai Capital (JD Capital) and the Social Security Corporation's (SSC) Investment Unit Commission, announced Sunday, the signing of a Memorandum of Understanding. Under this MOU both parties will collaborate in the creation of a company concerned with investment in the tourism and developmental sector. The company will undertake the establishment of the biggest touristic investment project to be developed in Dibbeen, northern Jordan with a total cost of upwards of JD100 million.
Amman, Jordan (April 2006) - The Jordan Securities Commission recently approved Jordinvest’s request to raise its capital by 6,611,111 shares to reach more than 23 million Dinars, through a private placement to the strategic partner Jordan Dubai Capital (JD Capital) with a lock up period of 2 years on 90% of the new shares.
JD Capital acquired 6,611,111 shares which represent 28% of Jordinvest’s new capital, making JD Capital the most influential strategic investor.