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All Press Releases for March 04, 2006 »
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Jordinvest Enhances Financial Investment Opportunities in the Region
Jordinvest enters regional market as associate sponsor of the first IPO Summit in Dubai 
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    /24-7PressRelease/ - AMMAN, JORDAN, March 04, 2006 - Jordan Investment Trust (Jordinvest), Jordan's first public shareholding company to offer integrated investment and banking services, is expanding its services for those across the region. Jordinvest made a notable presence for itself at the first regional Middle East IPO Summit as associate sponsor and panel participant. Jordinvest was represented by several members of its team, all of whom came from different departments within the firm. The event was held in Dubai between February 25th and February 28th 2006.
Jordinvest's Executive Vice President/Corporate Finance, Mr. Hani Al Ali, participated at the event's proceedings on a panel discussion revolving around the gaps formed between the letter of the law and actual practice within the regional financial sector. Through his participation he discussed the laws and regulations that should be implemented within the regional financial markets in order to ensure more security for investors, along with more efficient and productive dealings within the financial markets.
Commenting on the firm's participation at the event, Chairman/CEO of Jordinvest Mr. Ahmad Tantash, said, "Our sponsorship and active participation established Jordinvest's notable presence at the event, reflecting the strong name and the positive reputation that we had earned over the years. Our solid and positive efforts are now well-acknowledged across the region, stemming from our effective operations and the high quality services we provide."
Mr. Tantash added that the firm's participation and sponsorship of the event was an honor as Jordinvest received deserving recognition. "Through our participation at this regional event of great magnitude, I believe that we have made our mark in the financial market. We have earned a notable place for ourselves within the region as leading players in the finance and investment scene due to our expertise, experience, strong track record and hard work."
Mr. Al Ali stated at the panel while discussing the formulation of regulations in Jordan, "The laws and regulations exist to protect the markets, eliminate the financial legal gaps and aims to formulate sound policies that will benefit and protect the investor. In the past years the relationship between companies and regulators has been positive and serious efforts have been made by both parties to address any gaps in the system. Now in Jordan, we have a great opportunity to work within the system where we are given the chance to participate in the formulation of regulations that govern the securities market in Jordan."
Jordinvest utilized their presence at the IPO Summit as an opportunity to introduce their financial, investment, and consultancy services. Jordinvest's services include financial consultancy, privatizations, financial analysis and many others.
A strong level of interest was taken by Jordinvest as the firm reinforced their high quality services and strong track record. Attendees throughout the event made frequent visits to Jordinvest's booth to gain more information about the firm.

For further Information, please contact:
TRACCS Jordan
Tel: + 962 6 5924114
Fax: + 962 6 5924334
Email: Jordan@traccs.net


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