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Kurdistan Region of Iraq Report

In this Kurdistan Region of Iraq coverage, we put a spotlight on the Real Estate, Human Capital, ICT, and Agriculture & Water. We also talk to the leading companies on their success stories, future projects and doing business in Kurdistan.

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CompaniesNovember 12, 2010

Top Real Estate Companies in Jordan

Top Real Estate Companies in Jordan

Top Real Estate Companies in Jordan

Jordan's Top Real Estate Developers

CompanyCountryIndustryDescription

Al Tajamouat for Touristic Projects

 Jordan Real Estate Al Tajamouat was established in 2004 with a view to becoming a leading developer of unique, high end leisure and retail destinations. It is a Jordanian public shareholding company whose assets currently exceed 93 million dinars. The company owns and operates the Al Tajamouat Lifestyle Centre (Al Taj) which is a premier shopping mall and entertainment complex in Amman. The Al Taj shopping mall is located in the prestigious, residential neighbourhood of Abdoun. Officially launched in 2012, it is now fully operational and has an occupancy rate of 96%. Furthermore, the company owns 14,000m2 of prime land adjacent to the Al Taj.

Abujaber Investments

 Jordan Real Estate Abujaber Investments Group is a privately held Jordanian company founded in 1944. It is ranked as one of the 20 largest business conglomerates in Jordan. The group has divisions in various industries in Jordan and abroad including real estate, telecommunications, banking, hospitality, technology, beverages, pharmaceuticals, insurance and veterinary and agricultural products.
The group is a major shareholder of Talabay, a public shareholding company that has created the first integrated real estate community project in Jordan: the TalaBay Resort in Aqaba.
Interview: Best Red Sea Resort

Ayla Oasis Development Co.

 Jordan Real Estate Ayla Oasis Development Company (AODC) is the developers behind Ayla, a unique waterfront development in Aqaba that is located on 17km of new waterfront and covers an area of 43 million m2. The project aims to play a key role in enabling the Aqaba Special Economic Zone Authority (ASEZA) to reach its goal of transforming the seaport into a world class business hub and tourism destination. The project includes beautiful man made lagoons, modern residential and commercial units, retail spaces that will promote local products, a world class marina, 5 star and boutique hotels, and Jordan´s first 18 hole golf course designed by Greg Norman. The vision of Ayla is to bring Aqaba to the forefront of the region´s tourism industry.
Interview: Ayla Oasis in Aqaba: The Leading Real Estate Development on the Red Sea

Eagle Hills

 Jordan Real Estate Eagle Hills was founded in 2014 in the United Arab Emirates. The company´s vision is based on urban regeneration through development. It is a private investment company and developer of new city hubs and mixed use projects in high growth international markets.
The projects undertaken by Eagle Hills all aim to contribute to the development and diversification of national economies, making a positive impact on both businesses and tourism.
Projects in Jordan include Marsa Zayed which is the largest mixed use development project in Jordan located in the city centre of Aqaba. The Marsa Zayed development will offer retail, hospitality, recreational, entertainment and business spaces as well as high rise residential units and a large, ornate mosque in an area that covers 3.2 million m2. It will transform Aqaba into a premier yachting destination with its various marinas and state of the art cruise ship terminal. It is currently in its first phase of development.
Another project in Jordan developed by Eagle Hills is Saraya Aqaba. It is a modern development that covers an area of 634,000m2. Saraya Aqaba is a mixed use tourism and leisure destination constructed around a man-made lagoon that adds approximately 1.5km of beachfront to Aqaba. The project is an elegant mix of modern Arabic architecture and contemporary ambiance. The development aims to create an integrated community where residents can enjoy a premium lifestyle destination where they can live, work, shop and play.
Lastly, Eagle Hills also developed the St Regis Amman, a 17 storey tower that houses 260 luxurious guest rooms and suites with spectacular views of the capital city. The tower also offers high end restaurants, bars and cafes along with exclusive boutiques and event spaces.

Zara Investment Holding

 Jordan Real Estate Zara Investment Holding was founded in 1994 with a clear vision to provide tourists with a network of world class hotels and services throughout the Kingdom of Jordan.
Zara Investment Holding´s developments include: Movenpick Resort Petra, Movenpick Resort and Spa Dead Sea, Grand Hyatt Amman, Zara Expo, Zara Centre, the Intercontinental Jordan Hotel, Movenpick Resort Aqaba, Movenpick Nabatean Castle Hotel and Movenpick Resort Tala Bay.
Many of these developments are award winning with the Movenpick Resort and Spa Dead Sea being the largest and most advanced in the Middle East. Whilst the Grand Hyatt Amman in the hills of the capital city has become one of the most popular hotels in Amman and was ranked one of the top 75 hotels in the world by BILAN magazine. The holding has an aggressive growth policy aimed at maintaining its leading market share in the Jordanian hotel industry.
Interview: Upcoming Hospitality Investments in Jordan by Zara Investment Holding

Emaar

 Jordan Real Estate Emaar Properties is a public joint stock company that is listed on the Dubai Financial Market. It was established in 1997 and due to its success in creating iconic real estate assets in Dubai; the company has expanded internationally and today has a presence worldwide. Emaar International Jordan is bringing a new development model to the country with its world class resort style development on the Dead Sea called Samarah Dead Sea Resort. In accordance with the group´s development approach, the focus has been on high end design by international architects, superior build quality using local workmanship and excellent customer service. With this development Emaar International Jordan hopes to energise the local economy, particularly the retail and hospitality sectors.

Abdali Investment & Development Psc

 Jordan Real Estate Abdali Investment & Development Psc is a privately owned land development company founded in 2004. It is a partnership between the government-owned real estate developer National Resources and Development Corporation (MAWARED) and Horizon International for Development, an international construction company specialized in investment and development of large scale real estate and construction projects owned by Sheikh Bahaa Rafic Al-Hariri. Later the United Real Estate Company – Jordan under the group of Kuwait Projects Company (KIPCO) also became a partner of Abdali Psc adding to the wealth of real estate development expertise.
Abdali is the new downtown project that provides the capital of Jordan with the central business, social and residential destination it needs to become a regional business and tourism hub. The Abdali project is worth more than 5 billion US dollars and will be the largest mixed use project ever constructed in the heart of Amman. It is to be developed on an area of 384,000m2. The development will include residential apartments, commercial offices, hotels and services apartments, retail outlets, medical facilities and leisure facilities.

 

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