UAIC takes 10% stake in Jordan's Optimiza

United Arab Investors Co buys 10% of IT solutions and services provider Optimiza

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By  Mark Sutton Published  January 30, 2008

IT solutions and services provider Optimiza has announced that United Arab Investors Co (UAIC) has completed the acquisition of a 10% stake in the company.

UAIC, Jordan's largest investment company, purchased the shares in Optimiza as part of its plans to diversify investments beyond its current core areas of finance, real estate and industry.

UAIC's CEO, Engineer Haitham Dahleh, CEO of UAIC commented: "We are very pleased with our new partnership with Optimiza, which comes to embody UAIC's objectives in growing and developing our investments in the different sectors in Jordan and the Middle East. We believe in the Optimiza story and we see it today as a great asset that provides services to many thriving sectors in Jordan and the other key markets through its network of offices across the region that are of particular importance to us."

"We are very proud to have UAIC on board as our newest strategic partner. UAIC has proven to be at the forefront of investment companies that fully understand the needs of the Jordanian as well as the regional markets. We believe that this partnership fortifies our efforts in achieving our objectives and continuing our pioneering role in the development of the sector through our competitive IT solutions and services and business consultancy services," said Hazem Malhas, CEO of Optimiza.

Optimiza's is traded on the Amman Stock Exchange.

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