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Estithmar opens new subsidiary in Jordan

The establishment of this program is in line with Estithmar Holding's regional and international business expansion plan.
  • In August, Estithmar Holding subsidiary Elegancia Healthcare established a branch in Iraq.
  • Estithmar Holding had signed agreements with the Iraqi investment authority worth $7 billion.

Doha, Qatar — Estithmar Holding has established a new subsidiary company with limited liability in Jordan.

Estithmar said that its subsidiary Elegancia Facilities Management established a new company, Mina Facilities Management, in Jordan, in partnership with the Jordanian company Total Care Facilities Company.

The establishment of this company comes as a continuation of the expansion of the company’s projects abroad.

In the last 10 years, Elegancia Facilities Management has developed to become one of the largest facilities management companies in the region.

In August, Estithmar Holding subsidiary Elegancia Healthcare established a branch in Iraq in line with the memorandum of understanding that was signed recently to manage and operate several soon-to-be-opened hospitals in Iraq.

It added that that its other subsidiary, Elegancia Marine, also established a branch in Iraq.

Estithmar Holding had signed agreements with the Iraqi investment authority worth $7 billion that includes real-estate and tourism development, in addition to the operation and management of hospitals.