Saraya Aqaba, Arabtech Jardaneh sign consultancy agreement

Notes and media contacts

About Saraya Aqaba:

Saraya Aqaba is Saraya's first destination, located on the western tip of Aqaba in Jordan, on the northern shores, around a man-made lagoon. The project comprises approximately 634,000 sqm of master planned development combining shopping "Souk Saraya", dining, entertainment, hotels, freehold accommodation and cultural activities within the context of an authentically styled ancient city. The project will commence operations by 2010, adding approximately 1.5km of beachfront to the Gulf of Aqaba. The approximate total cost of the project is over $1bn.

Saraya Aqaba features five 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 "Wild Wadi" 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, Additionally, Nikki Beach Hotels and Resorts, will be operating the fifth premium 5 star hotel under the brand name Nikki Beach Resort and Spa.

Furthermore, there will be different residential units, "Al-Multaqa" conference center and "Diwan Al Saraya" offices, an old souk; "Souk Saraya", "Al-Rimal" beach club, as well as a sports park. Saraya Aqaba aims to cater to the needs of Aqaba's local residents, as well as regional and international visitors and businessmen.

Saraya's 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.

Saraya Aqaba is one of the global luxurious mixed-use tourist destinations offered by Saraya. Complementing these destinations are the Saraya travel and tourism services spanning from world-class entertainment, private aviation, yachting, limousine services and more, granting customers a fully integrated Saraya experience.

For further information, please contact:

Lana Balkar
PR officer
Saraya
Tel: +962 6 5505444
Fax: +962 6 5561738

Ala'a Khan
Media Relations
Headline Public Relations
Tel 1: +962-6-551-3098
Tel 2: +962-6-551-3071
Extension: 300
Fax: +962-6-552-8175