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 About Tantash Group
 Profile
Tantash Group emerged as a result of several successes in investments
and ventures in various sectors, which rendered it a well established
multi-discipline Group consisting of a highly qualified team of
experts known for their diverse experiences, creative abilities and
innovative approach. As a forward looking establishment, Tantash
Holding Investment Group aims at developing strategies and programs
that will institutionalize the path of the subsidiaries and investment
projects of the group through in-depth research that traces the
economic parameters on a local, regional and international level
driving the companies towards achieving their goals and objectives.
The Group also seeks to support the Jordanian economy and create new
job opportunities that would motivate citizens and improve their
standard of living.
The Group realized the importance and value of diversification in the
business and investment sectors; hence it operates in five sectors:
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Financial and capital
markets.
-
Strategic investments.
-
Information and
communication technology (ICT).
-
Restaurant and entertainment
management.
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Allied partnerships.
Beginning with the first
sector, the Group owns IMCAN Financial Services Company, which scored
great successes during the first year of its existence and gained a
place at the forefront of companies operating in Amman’s stock market.
In the second sector, the Group became a majority shareholder at
Jordinvest Company, the Group’s shares are currently 55% of the total
shares, which gives the Group an active role to play in the strategic
decision making within the company.
In the third sector, the Group established TIS Company in 1993 in
recognition of the importance and vitality of this growing sector,
which has been the catalyst of economic development over the past few
years.
As for the fourth sector, the Group ventured in it by investing in the
field of restaurant management through its subsidiary Jana Restaurant
Management Company which recently won the franchise of the
international company Cinnabon to provide high quality Cinnabon
products. It also ventured in the field of entertainment, and food and
beverage sector through its subsidiary, the Blue Fig, which played a
strong role in supporting this industry and contributed to the
infrastructure of tourism.
In the fifth sector, the Group entered into strategic alliances with
other big companies in different sectors. As a result of this the
Group acquired stocks in the Arab Insurance Company and the American
Medical Clinics Company.
The Group believes in the importance of elevating the Jordanian
national economy through establishing the correct directives and
investment in Jordan and the Middle East. It also believes in the
importance of supporting the existing investment climate to enhance
competition, liberalize markets and create a legal and legislative
environment that encourages and attracts investment. The Group also
works on implementing the modern management concepts that are based
upon enhancing talent and providing enough opportunities for
innovation and improvement.
The Group also realizes its role as a national institution that has a
social responsibility towards the country and its citizens; thus, it
contributed to sponsoring humanitarian and charitable activities
through several local social institutions. At the same time, the Group
paid particular attention to developing its businesses, working in
different sectors, to bring them up to their clients’ expectations in
order to maximize their gains and achieve the desired growth in their
earnings.
On the other hand, the Group concentrated on strengthening the
professional conduct of its staff by encouraging creativity and
innovative approach in a working environment that adopts the concept
of decentralization and transparency. Staff are invited to participate
in decision making and assess performance. The Group places great
emphasis on the role of the human resource factor in creating success
through advanced training and the encouragement of free and open
thinking, which is regarded as an excellent approach to enhance the
capabilities of the staff.
Ahmad Tantash is CEO of Tantash Group. He has created this large
institution in the last ten years. His early work goes back to 1993
when he started in the IT sector through TIS Company. After that he
decided to change the path of his work and join UBS investment bank in
Zurich in 2003 where he gained considerable experience in the
financial and banking services. Following that and in June 2003, Ahmad
Tantash established IMCAN, which is a company specialized in financial
services and consultancies. He chaired its board of directors,
achieving great success for the company in a short period during which
the company held a prominent position amongst rivals. In 2004, Mr.
Tantash concentrated his efforts to become the biggest shareholder at
Jordinvest - Investment and Banking Services Company - of which he
currently owns 55% shares. He also contributed to establishing several
companies such as Blue Fig, which is specialized in the field of
restaurant management and is expected to undergo a regional expansion
in the near future. He also established “Jana”, which won the
franchise of the international company Cinnabon. Ahmad Tantash is a
member of the Board of Directors of the Arab Insurance Company and
Jordan Bank for Investment and Finance. He is vice president of Board
of Directors of the National Maritime Airlines. He played an
instrumental role in establishing the IT Association (INT@J); and was
appointed as president of the American Chamber of Commerce in Jordan.
Having served on the board of directors of several non-governmental
organizations and chaired over several companies and board of
directors, Ahmad Tantash is truly one of the energetic personalities
in the society. He is 37 years old, married with one daughter called
Jana and holds a masters degree in IT.
Mr Hani Al Ali is Operations Manager at Tantash Group. He graduated
from University of Florida with a Bachelor’s degree in economics.
Before joining Tantash Group, he worked for 11 years at the Royal
Hashemite Court. He then worked for five years at Al Isai’i Group in
Jeddah- Saudi Arabia, where he held several managerial and operational
positions. He is a member of the board of directors of IMCAN and Blue
Fig.
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Allow me to use the pages of
this special company profile that puts before you a brief outline
about Tantash Group and some of its major subsidiaries and
investments. The profile will briefly exhibit our vision for
investment in Jordan. It will also show our Group’s philosophy, in
which the reason for its existence was to draw the lines and pave the
way that the Group’s subsidiaries would take to achieve their goals of
serving the regional and national economies. This will be achieved
through the dedication and support that we extend in the interest of
our partners and clients from several sectors. Although the benefits
are in the form of profit, revenue return and savings that such
companies gather in the process of growth, we are still determined to
direct such benefits towards the overall stream of prosperity that
will hopefully overflow for the sake of the society as a whole.
When I started my first investment project, the investment climate was
directed towards ICT with full strength and intensity. Hence, I
decided to establish TIS Company for Information Systems Technology.
It was a genuinely successful experience in which the company was able
to build in me a strong tendency to engage in the investment field
with greater momentum and broader directions. Following that, I worked
in UBS investment bank in Zurich, which gave me the opportunity to
enter the world of finance and economics which I regard as the
foundation of all developments, growth and the real support of all
commercial, scientific and technological achievements. It is also the
source of all the activities and events that societies need to advance
and progress. Consequently, I returned to Jordan to establish IMCAN
Financial Services Company. In a short period IMCAN achieved great
success by winning the trust of clients and held an advanced position
amongst similar companies that predated it by many years.
Believing in the necessity for diverse investments, we took the
initiative to buy shares in Jordinvest Company for Consulting and
Banking services acquiring more than 50% of the total shares of the
company. With the help of the existing management team we developed
its products and markets relying on the strong foundation established
by our predecessors in the board of directors. We then established
Jana Restaurant Management Company in addition to other investments
and projects in several sectors. Thus, it became necessary to think of
an institution that would unite all of these investments to preserve
all that was achieved and put future plans to maintain and develop
them as well as maximize their earnings and build on their
achievements.
This way Tantash Investment Group was born to become a uniting symbol
that reflects the multi -disciplinary nature of the subsidiaries and
investments in favor of clients, partners and the society that it is
working for. We put general and comprehensive strategies believing in
the independence of each subsidiary and the various investments. We
also encouraged the independence and decentralization as a basis of
success in any field or sector. At the same time, we created an
overall framework that encourages rather than restricts; and produces
an added value created by the comprehensive strategic vision made
possible by the strength of the Group with the help of God.
Finally, I would like to clarify that Tantash Group’s successful
launch stems from its philosophy of serving all of those partners,
clients and shareholders who gave us their trust through proper future
planning that is based on studies, researches, envisioning the
requirements of the future and predicting the future trends. At the
same time, it was formed to serve the national economy through
creating new job opportunities for the ambitious Jordanian youth. Then
to contribute to the society it belongs to through its determination
to design and implement programs that stem from the social
responsibility of companies towards supporting the social and
charitable events and activities; as well as supporting the national
efforts that aim at elevating the society’s educational, health and
social institutions. The Group stands firm on making a positive and
effective participation to push forward the wheel of the national
development in Jordan. The Group shall contribute to the elevation of
the national and regional economies through working with both public
and private sectors to attract investment and strengthen the economic
environment based on competition, liberating markets, transparency and
developing legal and legislative frameworks that ensure continuous
achievements and achieve prosperity for the society.
Sincerely,
Ahmad Tantash
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