Abdali platinum sponsor for the Jordan Economic Forum

As the leading real estate developer in Jordan, Abdali's support for the JEF sprouts from their belief in the importance of the forum and the positive effect it will have on the country, through exposing potential investors to the prevailing and arising opportunities in Jordan, accompanied by an in-depth look on the economy, the investment climate and other aspects that are being showcased and discussed.

The Ikitissad Wal Amal group who are known for organizing successful economic forums around the region, are expected to attract and entice the attendance of over 800 high profile participants and speakers from the region including business leaders, financiers and investors, representatives of the international organizations, key influencers, and CEO's of leading international and regional corporations who will gather to voice the latest issues affecting the Jordanian economy and the regional business climate.

Jamal Itani, CEO of Abdali Psc commented on Abdali's participation by saying:

'Sponsoring important events and functions in Jordan exemplifies the corporate strategy of Abdali, which is based on the thoughtful vision of Jordan's economic future.'

Itani added: 'We expect that the event's popularity and success over the past events will further accelerate its growth in the 2008 session. We also believe that our partnership with the JEF organizers demonstrates our commitment to play an essential role in the evolution and sculpting of Amman's future into a fast growing city where social and economic prosperity can be attained.'

Abdali highlighted that their participation at the JEF 2008 comes as a must to emphasize the sustainable investment opportunities which the Abdali project offers as one the foremost economic and social regenerative projects in Jordan. Abdali's new downtown stands without any doubt as the leading development project in the region and one of the most sought after investment destinations today.

During its participation at the JEF, Abdali will showcase the complete new downtown model, revealing its unique vision and its continuous growing success to the elite business crowd who visit to stay up-to-date on the latest developments in the Jordanian market, allowing the JEF visitors the opportunity to scrutinize the colossal development taking place in the heart of Amman.

Since its launch, Abdali has been attracting foreign investments into the Kingdom and contributing to the economic enhancement of the Jordanian economy; as recently announced, investments, from the UAE alone within Abdali, exceeded $1bn.

Abdali Psc, owner of the new downtown project, was established as a result of a public - private partnership between Mawared, Jordan's leading urban regeneration entity and its largest real estate developer, and Horizon, an international construction conglomerate specialized in investment and development of large scale real estate and construction projects owned by Sheikh Baha' al Hariri; it is worth mentioning that Horizon will also be a major sponsor of this year's Jordan Economic Forum.