Technical Error Annuls Saudi-Jordanian Investment Fund Company

AMMAN —AlGhad— A technical error on the Companies Monitor’s website annulled the Saudi-Jordanian Investment Fund Company’s online records, according to the Monitor, who confirmed to AlGhad that the company is still operational.

The joint venture between the Public Investments Fund and the Jordanian commercial and Islamic banks groups, was launched back in March, 2017, when the Saudi King visited the Kingdom.

It seems the Fund was first registered under the public liability category to expedite establishment procedures, and was later reassigned as a private liability company.

Data by the Companies Monitor shows the Fund’s underwritten capital stands at JOD7.1 billion.

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