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Global in Jordan announced the commencement of the private placement of Air Transport and Tourism Investment Company (ATTIC), the first low-cost carrier in Jordan. Following the agreement signed with RUM Group for Transportation and Tourism Investment Co, Global was mandated to perform a financial advisory and valuation for Petra Airlines. Based on the valuation report, ATTIC was established with an authorized paid up capital of JD 10 million.more >>>
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Global held its Ordinary General Meeting (OGM) to obtain shareholders approval to transfer its principal investment assets and real estate investment properties to the Global Macro Fund (a closed, unit based fund) and a Real Estate Holdco respectively. Both the Global Macro Fund and the Real Estate Holdco are wholly owned (directly and indirectly) subsidiaries of Global .more >>>
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Global Investment House Securities Egypt (Global Securities) announced today that it has achieved a major breakthrough and was ranked 19 among 148 brokerage companies in Egypt for 2009, as disclosed by Cairo Stock Exchange.more >>>
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Global Distressed Fund was ranked second by Eurekahedge based on its annualized returns and Sharpe ratio, in recognition of the Funds performance over its eight-year history. BarclayHedge has also ranked the Global Distressed Fund 8th in the Fund of Funds Distressed Securities/Event-Driven category for October 2009.more >>>
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Global is delighted to announce that it has today paid KD20 million bond on its maturity. Settlement of KD20 million bond on its due date of 23 December 2009, was one of the conditions precedent to three year amortising facilities signed with each of Global's 53 lending banks on 10 December 2009. Meeting this condition represents a significant milestone for Global.more >>>
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Global announced today it has received the Best Islamic Fund Manager award for the second consecutive year from CPI Financial, an annual event launched in 2005 to fulfill the needs of the Islamic Financial sector, one of the fastest growing sectors in the world.more >>>
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Global announced that it has entered today into formal restructuring agreements with all of its financiers, bringing to a close a period of considerable uncertainty initiated by the credit crunch in the final quarter of 2008.more >>>
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As part of its corporate social responsibility activities and sense of giving back to the community Global Jordan arranged a visit to Jordans River Foundation therapeutic center for child victims of maltreatment - Dar Al Aman on the 25th of November 2009 to celebrate the joy of Eid Al Adha.more >>>
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