Tuesday 7 May 2024
 
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Jordan Dubai Capital

JD Capital divests 51pc stake in Jordan power firm

Jordan Dubai Capital (JD Capital) has sold its 51 per cent stake in the Central Electricity Generating Company (CEGCO), to Saudi firm ACWA Power for $144 million. ACWA Power is a major owner and operator of privately financed bulk water de

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Jordan Dubai Capital names acting CEO

Jordan Dubai Capital (JD Capital) has appointed Ismail Tahboub as acting chief executive. Tahboub succeeds Samir Zaid Al-Rifa’i who, in December 2009, was appointed as the Prime Minister of Jordan. “We are fully confident in Ismail

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