Khaberni - The Jordan Capital and Investment Fund announced the completion of its acquisition of a 27 percent stake in the National Health Insurance Management Public Limited Company (Nat Health), as part of its strategic investments aimed at driving growth, generating employment opportunities, and boosting Jordan's economic capabilities.
The chairman of the fund, Hani Al-Qadi, affirmed the company's commitment to supporting entrepreneurs and distinguished Jordanian companies and investing in leading companies like "Nat Health". This investment reflects strong potential for growth and expansion, alongside enhancing locally owned advanced technology in Jordan. This investment will provide "Nat Health" with the necessary resources to expand its operations in Jordan and the region, and continue its successful journey steadily.
For his part, the chairman of "Nat Health," Karim Qawar said that this partnership is strategic in "Nat Health", and it will accelerate the deployment of our AI models specifically trained to detect unusual cases and patterns of fraudulent claims, to preserve our clients' financial interests.
In turn, the CEO of "Nat Health", Ahmad Tejani said, "The company's resources focused on developing effective technological solutions and expanding our subscriber base by adopting a customer-centric approach. We are now introducing AI-based analytics to provide our partners with predictive insights about healthcare usage and cost concentrations, and the growth we have experienced is primarily due to our complete transition to a paperless model, providing seamless medical services without the need for traditional forms, which reflects our ability to enhance profitability through operational efficiency and strategic cost management."
In the same context, the CEO of the Jordan Capital and Investment Fund, Fares Sharaf, stated: "The business model of 'Nat Health' has proven its ability to expand, as the company has succeeded in entering new markets such as Palestine and Iraq through effective strategic partnerships. We are confident in the company's ability to continue expanding into new markets and to offer innovative and value-based services, while retaining its main operations center in Jordan."
As the largest private sector licensed investment fund in Jordan, with a capital commitment of 275 million Jordanian dinars (388 million US dollars), the Jordan Capital and Investment Fund invests in promising companies that have opportunities for growth, development, and expansion. To date, the fund has invested approximately 111 million dinars (157 million US dollars) in companies operating in diverse sectors including food and agriculture, information technology, education, and manufacturing. This latest investment reflects the fund's commitment to supporting employment, encouraging innovation, and promoting long-term economic growth in Jordan.
