(openPR) - Amman- August 29th 2006: Union Land Development (ULD) has launched its first electronic newsletter available through the company's website, where a variety of ULD's news and projects related information alongside a brief demonstration of the new corporate identity can be easily found.
"The genuine purpose behind the launch of this e-newsletter is to keep stakeholders and interested parties constantly up-to-date with the company's news and our most recent projects via this highly effective and easily accessible mechanism", General Manager of ULD company, Eng. Ramzi Salfiti said. "A professional team will be responsible for continuously updating the newsletter that will be expanded to encompass new topics on a regular basis. We encourage every one to examine our newsletter by visiting our website: www.uld.jo". Eng. Ramzi Salfiti concluded.
The company's new slogan "Do it with Style" headed the first addition of ULD's e-newsletter entitled "The Monthly Orange", named after the company's new corporate color.
ULD, considered to be one of the fastest growing Jordanian companies in real estate and land development sector, launched its new corporate identity last April to reflect the company's spirit of creativity and commitment, and followed the foundation of numerous investments and blueprints for various tourism and real estate projects, in addition to the current projects which are still under construction.
The company is also moving along its investment plans which include investing in lands, hotels and long term stocks, where the newly acquired 1,600 dunums located in Khan Zabib area present one example of ULD's strong land development investments.
Union Land Development Company (ULD) is a public shareholding company that was established in 1995, as a result of the mergence of Jordan Gulf Company for Real Estate Investments and Petra for Projects and Equipment Rentals, with a starting capital of 5 million JD.
On June 1st 2004, ULD acquired the Middle East & Commodore Hotels Company, thus increasing its capital to 7 million JD. Recently, ULD has increased its capital to 45 million JDs. ULD's major functions and services are:
I) Investment in land and real estate; developing it for various projects such as residential, commercial, tourist, recreational, and industrial.
II) Building, owning hotels operated and managed by international hotel chains.
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