ZaraAnnual-English2008

- Subsidiaries:
Paid up
capital / JD
Main activity
Headquarter
Shareholding
%
Number of
employees
Red Sea Hotels Company Ltd.
17,000,000 Owner of Mövenpick Resort & Residence Aqaba Aqaba 100% 359
Amman Tourism Investment Company Ltd.
16,500,000 Owner of Grand Hyatt Amman Hotel , Hyatt Tower and Zara Center Amman 100% 462
National Hotels and Tourism Company Ltd.
15,000,000 Owner of Mövenpick Resort & Spa Dead Sea Amman 100% 585
Jordan Hotels and Tourism Company PSC
10,000,000 Owner of Hotel Inter-Continental Jordan Amman 51.6% 520
South Coast Real Estate Development Company Ltd.
4,250,000 Real estate development –Aqaba South Coast (Ras Al Yammaniyah) Aqaba 82% -
South Coast Hotels Company Ltd.
3,500,000 Owner of tourism project – Aqaba South Coast (Ras Al Yammaniyah) Aqaba 82% -
Zara South Coast Development Company Ltd.
3,000,000 Owner of Mövenpick Resort Tala Bay Aqaba Amman 75% -
Nabatean Hotels Company Ltd.
2,800,000 Owner of Mövenpick Nabatean Castle Hotel - Petra Amman 100% 106
Levant Hotels and Tourism Company Ltd.
500,000 Owner of Mövenpick Resort Petra Amman 100% 204
Rum Hotels and Tourism Company Ltd.
500,000 Owner of tourism project - Tybeh - Petra Amman 75% -
Jordan Himmeh Mineral Company PSC
500,000 Owner of Jordan Himmeh Resort - Mukhaibeh Amman 55.8% 3
Oasis Hotels Company Ltd.
400,000 Owner of tourism project - Dead Sea Amman 75% -
Jordan Hotel Supplies Trading Company Ltd.
300,000 Owner of Souk Zara gift boutiques Amman 100% 26
Zara Agricultural Company Ltd.
50,000 Landscape and nursery services - Jordan Valley Amman 52% 24
Total Number of employees 2,289
Neither the Holding Company nor any of its subsidiary companies have any branches inside or outside the Kingdom.
Annual Report 2008 19