Press Releases
Jordan Dubai Capital (JD Capital) announced its sponsorship of the King Abdullah II Fund For Development’s
Mr. Ismail Tahboub was appointed as the Acting CEO of Jordan Dubai Capital (JD Capital). Mr. Tahboub succeeds H.E. Mr. Samir Zaid Al-Rifa’i who, on the 9th of December 2009, was appointed by royal decree as the Prime Minister of Jordan. Mr. Tahboub’s appointment was confirmed during the company’s board meeting which was held on the 4th of January 2010.
By virtue of the royal confidence that was given by His Majesty King Abdullah II to His Excellency Samir Zaid Al-Rifa’i through his appointment as Prime Minister of Jordan, Al-Rifai stepped down from representing Jordan Dubai Capital in the Chairmanship of a number of affiliate companies’ Boards including the Central Electricity Generating Company (CEGCO), Jordan Dubai Islamic Bank, Jordan Dubai Energy & Infrastructure, Jordan Dubai Financial, Jordan Dubai Aviation Investments, Jordan Dubai Properties, Jordan Dubai Information Technology, Kingdom Electricity Company, Ene
Within its commitment to investing in strategic national infrastructure, and as part of its interest in building strong partnerships with leading regional and international investment and infrastructure companies, Jordan Dubai Energy & Infrastructure (JDE&I) – the investment arm of Jordan Dubai Capital in the energy and infrastructure sectors– announced the signing of a memorandum of understanding with Kazyna Capital Management (KCM), the private equity arm of the soverign wealth holding company Samruk-Kazyna.
As part of its belief in the importance of supporting the consolidation of road safety regulations, Jordan Dubai Capital (JD Capital) announced the signing of a cooperation agreement with the Hikmat Road Safety initiative. The aim of the agreement is to support the Hikmat Road Safety initiative in cooperation with the Greater Amman Municipality, which focuses on serving the community and reducing the number of injuries and fatalities that result from road accidents.
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.
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 (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.
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.
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.