Native name | شركة زارة للاستثمار القابضة |
---|---|
Company type | Holding Company |
Industry | Tourism, Investments |
Founded | May 10, 1994 in Amman, Jordan |
Founder | Sabih al-Masri, Khalil Al-Talhouni |
Headquarters | , |
Area served | Jordan |
Key people | Sabih al-Masri (chairman) |
Products | Tourism، Hotel |
Website | www.zaraholding.com |
Zara Investment Holding Co Ltd. was founded on 10 May 1994 by Sabih al-Masri, the current chairman, and Khalil Talhouni, in addition to a number of investors and local banks and Arab and international investment companies, such as the International Finance Corporation (IFC). [1]
Zara invests primarily in tourism; particularly, in the hotels sector. Zara is one of the largest investment groups in Jordan.
Zara owns the most 5-star hotels in Jordan, with seven, including: Dead Sea, Petra and Amman. The number of hotel rooms owned by Zara Investment is 2131; which equals 30% of the total of 5-star hotel rooms in Jordan, and 26% of the workforce.[ citation needed ]
With the exception of a railway system, Jordan has a developed public and private transportation system. There are three international airports in Jordan. The Hedjaz Jordan Railway runs one passenger train a day each way.
Aqaba is the only coastal city in Jordan and the largest and most populous city on the Gulf of Aqaba. Situated in southernmost Jordan, Aqaba is the administrative center of the Aqaba Governorate. The city had a population of 148,398 in 2015 and a land area of 375 square kilometres (144.8 sq mi). Today, Aqaba plays a major role in the development of the Jordanian economy, through the vibrant trade and tourism sectors. The Port of Aqaba also serves other countries in the region.
The Kingdom Holding Company is a Saudi conglomerate holding company, based in Riyadh. The KHC is a publicly listed company on the Tadawul. The KHC consists of a select team of experienced investment specialists directed by its founder and chairman, Prince Al-Waleed bin Talal and chief executive officer, Eng. Talal Ibrahim Al Maiman. The company describes itself as a diversified investment company, whose main interests are financial services, real estate, tourism and hospitality, media, entertainment, petrochemicals, aviation and technology.
Mövenpick Hotels & Resorts is a Swiss hotel management company headquartered in Baar, Switzerland. It is fully owned by Accor since the September 2018 acquisition from former shareholders Mövenpick Holding (66.7%) and the Saudi-based Kingdom Group (33.3%). It operates over 80 properties, including hotels, resorts and Nile cruisers, with another 30 resorts planned or under construction across the Middle East and Asia.
Aqaba is one of the governorates of Jordan, located south of Amman, capital of Jordan. Its capital is Aqaba. It is the fourth largest governorate in Jordan by area and is ranked 10th by population.
The Jordan Football Association is the governing body for football in Jordan.
Jordan, officially the Hashemite Kingdom of Jordan, is a country in West Asia. It is situated at the crossroads of Asia, Africa, and Europe, within the Levant region, on the East Bank of the Jordan River. Jordan is bordered by Saudi Arabia to the south and east, Iraq to the northeast, Syria to the north, and the Palestinian West Bank and Israel to the west. The Dead Sea is located along its western border and the country has a 26 km (16 mi) coastline in its southwest on the Gulf of Aqaba's Red Sea, which separates Jordan from Egypt. Amman is Jordan's capital and largest city, as well as its economic, political, and cultural centre.
Jordan is a sovereign Arab state in the Middle East. The capital, Amman, is Jordan's most populous city as well as the country's economic, political and cultural centre.
The Arab Potash Company (APC) is a company that is primarily involved in harvesting minerals from the Dead Sea. It is the eighth largest potash producer worldwide by volume of production and the sole Arab producer of potash. The company was formed in 1956 in the Hashemite Kingdom of Jordan as a pan-Arab business venture and it has a 100-year concession (1958-2058) from the government of Jordan that grants it exclusive rights to extract, manufacture and market minerals from the Dead Sea. It is headquartered in Amman and has its main plants at Ghor Al Safi. The company's stock is listed on the Amman Stock Exchange's ASE Weighted Index.
Water supply and sanitation in Jordan is characterized by severe water scarcity, which has been exacerbated by forced immigration as a result of the 1948 Arab–Israeli War, the Six-Day War in 1967, the Gulf War of 1990, the Iraq War of 2003 and the Syrian Civil War since 2011. Jordan is considered one of the ten most water scarce countries in the world. High population growth, the depletion of groundwater reserves and the impacts of climate change are likely to aggravate the situation in the future.
Highway 65, also known as the Dead Sea Highway, is a north–south highway in Jordan. It starts in Aqaba passing through Wadi Araba, and adjacent to the Dead Sea and the Jordan Valley to the western suburbs of the city of Irbid in Jordan's northern tip.
Arab Bridge Maritime Company was founded in November 1985, to connect commercial routes in Asia and Africa. The company was founded by the governments of Egypt, Iraq, and Jordan.
John Elliott, RIBA, was a British architect, who planned and designed luxury hotels and resorts. Born in Portsmouth, England, he was known principally for his contribution in the Middle East and designing 7 star hotel Emirates Palace in Abu Dhabi, United Arab Emirates.
The Mövenpick Dead Sea Spa and Resort is a luxury resort hotel on the shore of the Dead Sea, the lowest location on Earth. It was opened in 1999 by Zara Investment Holding, Jordan's largest operator of five-star hotels. Condé Nast has classified it as the best resort in Jordan and one of the best in the Middle East for several years.
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W Amman is a 492-foot (150 m) tall five–star hotel in the New Abdali district in Amman, Jordan. W Amman was opened in April 2018 and is franchised to Eagle Hills Properties, an Abu Dhabi, UAE-based real estate development firm. It features a design that was inspired by the city of Petra and has 280 rooms and 44 suites as of September 2020.
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