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ZaraAnnual-English2010

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Board of Directors’ Report Annual Report 2010<br />

18.<br />

Position Salaries Transportation<br />

Allowance<br />

Lina Mazhar Hassan Annab<br />

(B) Remuneration of senior executive management<br />

Bonuses<br />

Other<br />

Benefits<br />

Total JD<br />

General Manager 100,800 0 30,000 0 130,800<br />

21. (A) The Company’s contribution towards environmental<br />

protection<br />

Zara Investment demonstrated its commitment to the environment with the<br />

implementation of a comprehensive JD 1.4 million plan covering a variety of largescale<br />

green projects. These projects aimed to utilize the latest international environment<br />

protection methods in all of our operations in Jordan, coupled with a number of smallscale<br />

environmentally friendly programs such as paper recycling and the use of energysaving<br />

light bulbs in several properties.<br />

Ahmad Ibrahim Mohammad Jamjoum<br />

Chief Financial Officer 66,000 3,000 18,500 600 88,100<br />

Based on an extensive environmental study that was conducted for all of our hotels, we<br />

embarked on the following clean production projects that resulted in:<br />

Haitham “Mohammad Nazih” Nureddin Hanbali<br />

Financial Controller 46,740 1,260 2,400 0 50,400<br />

1.<br />

2.<br />

3.<br />

Preservation of water resources by almost 50,000 cubic meters.<br />

Reduction in greenhouse gas emissions, with expected annual reduction of CO2<br />

estimated at 3,700 tons.<br />

Successful use of alternative sources of friendly energy through the partial switch to<br />

solar energy in several of our properties.<br />

Beneficiary<br />

19.<br />

Medical Aid for Palestinians<br />

Hikmat Road Safety<br />

Ministry of Labor<br />

Ramadan Packages<br />

Others<br />

Total<br />

Donations paid by the Company during the fiscal year:<br />

Amount JD<br />

1,200<br />

8,118<br />

12,000<br />

3,000<br />

1,719<br />

26,037<br />

The hotels also donated the amount of JD 14,200 to various charities and collected<br />

the amount of JD 83,449 from its customers for the benefit of King Hussein Cancer<br />

Foundation.<br />

20. Contracts, projects and obligations made by the issuing Company<br />

with its subsidiaries, sister or allied companies, the Chairman,<br />

members of the board, General Manager, or any Company employee<br />

or their relatives<br />

There are no contracts, projects, obligations made by the issuing Company with its<br />

subsidiary, sister or allied companies, the Chairman, members of the board, General<br />

Manager, or any Company employee or their relatives.<br />

4.<br />

5.<br />

6.<br />

The substitution of diesel use by LPG systems for partial heating purposes.<br />

The award of all of our hotels of ISO 22000 certification.<br />

Setting a benchmark for a more environmentally-conscious tourism and hospitality<br />

industry, a key sector for the economy of Jordan.<br />

7.<br />

21.<br />

(B) The Company’s contribution in servicing the local community<br />

The Company plays a key role in the locations of its operations, one of the most important<br />

aspects of which is the creation of employment opportunities for the local community. In<br />

addition to employment, the hotels offer their facilities to students of neighboring schools<br />

looking for hospitality training. In 2010, our hotels provided over 100 on-the-job training<br />

opportunities hospitality students in the Food and Beverage, Housekeeping and Kitchen<br />

departments. Zara is now actively working on establishing a center of excellence for<br />

hospitality training aimed at catering to the residents of the Jordan Valley.<br />

Moreover, the Company actively and continuously seeks opportunities where, by virtue<br />

of its expertise and through transfer of knowledge, can contribute in assisting and funding<br />

the capacity building of various carefully selected hospitality training centers.<br />

42<br />

43

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