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.

JD Capital's management's decision to sell its shares at this stage is in line with the company's internal policies and future directions regarding investments in the financial services sector. JD Capital confirms that it values its longstanding partnership with Jordinvest, which has been strengthening over the past three years, as Jordinvest is considered a leading institution in the Kingdom that provides comprehensive financial services and consultation, as well a pioneering investment company that has made a mark in its field through a number of important achievements.

JD Capital indicated that the decision to sell is a strategic decision, and that it will continue to maintain channels of communication with Jordinvest, particularly because both companies share a mutual vision that is focused on serving the Jordanian economy and providing a best practice business model. JD Capital went on to wish Jordinvest and its management team the best of luck and success in all their future endeavors.