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Saraya Aqaba lays Aqaba Youth Club foundation stone
- United Arab Emirates: Wednesday, June 13 - 2007 at 09:34
- PRESS RELEASE
His Excellency Eng. Nader Al-Dahabi, Chief Commissioner of the Aqaba Special Economic Zone Authority (ASEZA), laid in Aqaba on Monday June 11th the Foundation Stone of Aqaba Youth Club.
During his speech, Mr. Al-Majali stressed on the potential lying in the youth of Aqaba as they will be the decision makers and leaders of the future, and so came the belief in supporting the Aqaba Youth Club towards playing its vital role as a center of exchanging ideas, and guiding the youth in the right direction that will ultimately and positively affect themselves, their families, their societies as well as their country.
Furthermore, His Excellency Eng. Nader Al-Dahabi Chief Commissioner of the Aqaba Special Economic Zone Authority stated: "The construction of Aqaba Youth Club Building comes in line with Saraya Aqaba's aim to contribute to the development of Aqaba and place Aqaba on the global touristic and investment map."
Mr. Hussein Eid, President of the Aqaba Youth Club also stated "We would like to thank Saraya Aqaba for their continuous support in benefiting the local economy and community surrounding its project. Saraya's belief in the support of youth is manifested in the construction of Aqaba Youth Club to enable youth to have a base to go back to for learning and interacting with one another in the right manner." Mr. Eid also announced the decision taken by the Administrative Commission of the Aqaba Youth Club to name one of its halls Aqaba Special Economic Zone Authority (ASEZA) hall, while the other hall will be named Saraya Aqaba.
Since its establishment Saraya Aqaba has dedicated itself to benefiting and contributing to the local community in Aqaba, where Saraya Aqaba has recently adopted a school as part of the government's school adoption program; as well as the students scholarship fund inside and outside the Kingdom, in addition to other initiatives aiming towards raising the social and economic standards of Aqaba residents, and promoting a better life by investing in education and employment, while preserving the local culture and the surrounding environment.
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Notes and media contacts
About Saraya AqabaSaraya Aqaba is Saraya Holding ltd first project located on the western tip of Aqaba around a man-made lagoon. The project will commence operations within three years, adding approximately 1.5km of beachfront to the Gulf of Aqaba.
The project comprises approximately 617,000sqm (not including Radisson SAS land) of master planned development combining shopping, dining, entertainment, freehold accommodation and cultural activities within the context of an authentically styled ancient city, all built around a man-made lagoon. The approximate total cost of the project is one billion US dollar.
Saraya Aqaba features four premium 5-star hotels and two boutique hotels. Jumeirah, the Dubai-based luxury hospitality group, will operate two hotels and one boutique hotel in addition to operating the Water Park while it will manage Grand Villas and Villas in this new large scale project. Starwood Hotels and Resorts Worldwide Inc will operate the other two hotels and a boutique hotel. Furthermore, there will be different residential units, a convention center, an old souk and a wharf promenade. Saraya Aqaba aims to cater to the needs of Aqaba's local residents, as well as regional and international visitors and businessmen.
Saraya Holdings Ltd founding partners in this project are the Social Security Corporation (SSC), the Arab Bank, the Aqaba Development Corporation (ADC), and a number of individual and corporate investors.
The exclusive build contractor for Saraya Aqaba project is Saudi Oger Ltd, ensuring the delivery of the highest specifications and construction standards.
For further information kindly contact:
Dimah Khalili
Media Communication and PR Manager
Saraya
Tel.: +962 6 5505444
Fax: +962 6 5561738
www.sarayaholdings.com
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