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Saturday, November 21 - 2009

Saraya Aqaba develops neighborhood at city of Aqaba

On June 13, 2009, the first phase of "Al Wehdat Al Gharbia" community development project in Aqaba has started, as part of Saraya Aqaba's corporate social responsibility.

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The project will continue over a span of three years through a number of phases. This community based initiative is implemented in collaboration with Aqaba Special Economic Zone Authority and Aqaba Social and Economic Development Program and is monitored by the community through an elected committee to better reflect the residents' needs.

Located on the eastern view side of Saraya Aqaba, "Al Wehdat Al Gharbia" community was in urgent need for infrastructure development and rehabilitation. Saraya Aqaba, acting as a good citizen in the community, offered a number of initiatives to enhance the living standards of the residents, meet the community's needs and expectations and reduce the social gap between Saraya project and the surrounding areas. These initiatives range from landscaping, to houses painting and roads pavement; in addition to conducting awareness workshops on social and environmental issues to the 3000 residents.

Mr. "Shadi Ramzi" Majali, General Manager of Saraya Aqaba, stated:
"We at Saraya Aqaba are keen on supporting the local community through different Corporate Social Responsibility programs. We are proud to be part of developing and rehabilitating the city of Aqaba in partnership with the public sector and the local community."


Mr. Majali also added, "Our new community development program of "Al Wehdat Al Gharbia" neighborhood in Aqaba is part of our corporate social responsibility initiatives that aims at enhancing the quality of life of Aqaba's residents and building good relations with the communities."
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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 Q 1 of 2011, 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 hotels under the brand name Nikki Beach Resort and Spa.

Saraya Aqaba also features residential units designed in a contemporary Mediterranean architectural style. The lavish fully furnished residential units include 12 Grand Villas, 51 Villas, 94 Grand Townhouses, 90 Terrace and Garden Townhouses, 376 Apartments, 82 lofts & khan apartments and 50 Beach Club Duplexes. The destination also features a unique retail mix of goods and services such as restaurants, shops and nightspots in Souk Saraya as well as "Al-Multaqa" conference center, "Diwan Al Saraya" offices, "Al-Rimal" beach club and 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 Aqaba aims to cater to the needs of Aqaba's local residents, as well as regional and international visitors and businessmen.

Saraya Aqaba's founding partners in this project are Saraya Jordan, 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 on Saraya Aqaba, please contact:

Kholoud Abu Nimreh
Saraya Aqaba
Tel: +962 6 5505444
Fax: +962 6 5561738

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