Al Jazeera Agri Receives 23% Investment from Jordan Capital & Investment Fund
Deal News | May 15, 2025 | Zawya
Jordan Capital & Investment Fund (JCIF), a consortium of 16 Jordanian banks, has acquired a 23.3% stake in Al Jazeera Agriculture for $388 million. This strategic investment will allow Al Jazeera to scale operations, expand its workforce by 200, and increase its export activity, bolstering its position in the market. Al Jazeera provides a diverse range of products, including fresh and frozen chicken and processed foods, and currently has over 1,000 employees. The acquisition forms part of JCIF's broader investment strategy across various sectors in Jordan, further solidifying its commitment to aiding the growth of local companies.
Sectors
- Agriculture & Food Processing
- Financial Services
Geography
- Jordan – The article discusses an investment by a fund consisting of Jordanian banks into a Jordanian poultry processing firm.
Industry
- Agriculture & Food Processing – The article focuses on Al Jazeera Agriculture, a company involved in poultry processing and production, aligning with the Agriculture & Food Processing industry.
- Financial Services – The involvement of Jordan Capital & Investment Fund, a consortium of banks, signifies the role of financial services in facilitating investment and growth in Jordanian companies.
Financials
- 23.3% – The stake acquired by Jordan Capital & Investment Fund in Al Jazeera Agriculture.
- $388 million – The value of Jordan Capital & Investment Fund.
- JOD 100 million ($140 million) – Total investments by JCIF in Jordan across six companies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Jordan Capital & Investment Fund | Investor | Company | A $388 million fund formed by 16 Jordanian commercial and Islamic banks aimed at investing in local companies. |
| Al Jazeera Agriculture | Target Company | Company | A leading poultry processing firm in Jordan providing fresh and frozen chicken, processed foods, and animal feed. |