Members News

On Sunday, July 23, members of Estarta’s Public Relations team participated in a key event by attending the Injaz Corporates Contact Person meeting at the Hilton Amman. The core agenda of this gathering was to delve into the realms of Corporate Social Responsibility (CSR) and the importance of volunteerism in today’s corporate landscape.

During the meeting, a number of professionals shared insights, experiences, and best practices pertaining to the topic. There were several open discussions as well.

The focus on volunteerism served as a key aspect of the discussions, highlighting how businesses can actively contribute to society’s betterment by encouraging their employees to volunteer their time and skills. This includes volunteerism in the educational sector, demonstrating how business professionals can share their knowledge and pass it on to the next generations.

By actively engaging in volunteer activities, companies can not only give back to the community but also encourage a sense of purpose and fulfillment among their workforce. Estarta strongly pushes volunteerism and believes in its integral role in shaping a better tomorrow.

With all of that said, Estarta promotes volunteerism among Estartans by providing many opportunities for them to volunteer. On top of that, these volunteering initiatives are done on company time, so the employee is not required to request leave.

The IRIS Technology team embarked on a journey of engagement at several University job fairs. As a company at the forefront of innovation, IRIS Technology recognized the importance of reaching out to the academic community and providing students with opportunities to explore their potential in the ever-evolving tech industry.

IRIS Technology’s profound participation in Jordanian university job fairs resonated deeply within the academic community. By actively engaging with students and faculty, the company not only showcased its commitment to talent development but also ignited a spirit of innovation and ambition among the aspiring technologists of Jordan. Through their continuous efforts to bridge the gap between industry and academia, IRIS Technology sets a remarkable example for other companies, reaffirming the transformative power of meaningful connections and mentorship in shaping the future of technology.

In line with its collaborative approach to exchanging experiences, disseminating knowledge, and sharing its business model with local and international institutions, the Jordan Payments and Clearing Company “JoPACC” recently welcomed delegations from the Iraqi and Tunisian Central Banks, as well as the Tunisian Ministry of Finance, for a knowledge-sharing visit on June 21st and 22nd. The visit was organized in collaboration with the German Agency for International Cooperation (GIZ) and in the presence of their representatives.

During these visits, the two delegations learned about JoPACC’s experience in managing and operating payment systems, managing system participant relationships, the company’s core areas of business, and its current projects. They were also briefed on the chronological evolution of digital payments in Jordan and the infrastructure needed to establish easy-to-use and resilient payment systems.

Both delegations were actively engaged in discussions and inquiries. Their aim was to seek solutions to address the respective challenges faced by their countries and explore the implementation of digital payment systems like those established and operated by JoPACC, taking into consideration the unique requirements of each country individually. The hope was that these efforts would contribute to the resolution of current issues and promote the adoption of effective payment solutions.

H.E. Maha Bahou, CEO of JoPACC, enthusiastically emphasized her team’s readiness and capability to conduct multiple exchange sessions with the visiting delegations and highlighted the company’s commitment to offering robust support, reflecting JoPACC’s dedication to promoting digital financial inclusion, particularly in neighboring Arab countries.

The two visiting delegations expressed their admiration for the remarkable progress achieved in Jordan’s digital payments infrastructure and particularly lauded JoPACC for its commitment to a partnership-based approach with all stakeholders in the financial sector. The delegations recognized JoPACC’s pivotal role in effectively operating and managing payment systems, facilitating fintech innovation, knowledge management, and business analytics which involves active participation from all entities within Jordan’s financial system.

The Innovative Startups and SMEs Fund (ISSF), announces an investment of $2,000,000 USD in Hambro Perks’ Oryx Fund to empower the Jordanian startup ecosystem and drive technological innovation in the country. The collaboration aims to unlock opportunities for local entrepreneurs and support startups operating in key sectors such as Financial Technology, Healthcare Technology, SaaS & B2B Enterprise Technology, Logistics Technology, and Education Technology.

Hambro Perks (HP) is a United Kingdom based private markets focused investment firm that invests into early and growth stage technology businesses across the EMEA region. HP manages funds across multiple strategies including primary and secondary venture capital strategies and a series of specialized sector-specific funds and venture debt solutions. The HP Oryx Fund is a $50m MENA equity fund that backs early-stage ventures in sectors where the firm has deep expertise such as Fintech, Health-tech, Enterprise-tech, Logistics and Edtech.

“This investment underscores the ISSF’s commitment to ensuring a continuous flow of catalytic equity capital into the ecosystem. Our partnership with Hambro Perks’ Oryx fund is an important step for the Jordanian ecosystem. Together, we aim to create a thriving environment for entrepreneurship and innovation in Jordan.” – Mohammed Al Muhtaseb, CEO of ISSF

“We are thrilled to be actively involved in the digital transformation of the Jordanian economy. Jordan’s thriving community of sophisticated tech founders create the perfect foundation for a flourishing VC ecosystem. The HP Oryx Fund team has been closely monitoring Jordan’s ongoing success and has already made notable tech investments in the Kingdom. We look forward to working with our esteemed partners at ISSF and continuing to contribute to the growth of Jordan’s tech sector.” – Ali Qaiser, Partner, Hambro Perks