Bahrain, 10 December, 2007: Mr. Esam Janahi, Chairman of Gulf Finance House visited the Kingdom of Jordan and met His Excellency Mr. Nader Al Dhahabi, the new Prime Minister of Jordan, and congratulated him on his recent appointment. His Excellency the Prime Minister and Mr. Janahi discussed GFH’s current projects in Jordan, as well as the opportunities available for future investments.
Mr. Janahi also met with the Minister of Interior Mr. Eid Fayez, the Minister of Public Works and Housing Mr. Sahl Al Majali, the President of the Senate Mr. Zeid Al Rifai and the Speaker of the Lower House of Parliament Mr. Abdul Hadi Al Majali.
Commenting on his meetings, Mr. Janahi said: “GFH views Jordan as an attractive investment destination at a time when the country is taking steps to build its economic infrastructure. We first invested two years ago when we launched the Jordan Gate and Royal Village projects in and around the capital city of Amman. We are pleased to say that both of these projects are proceeding satisfactorily, and that Bayan Company which owns these projects should be listed in Kuwait very soon when formalities are completed with the Kuwait Stock Exchange.
Mr. Janahi also visited the Jordan Gate project site, where over 40% of the construction work has been completed. The twin towers are due to be completed in 2008.