17.11.2016 Views

ZaraAnnual-English2013

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

6. Reliance on specific local or foreign suppliers or major customers<br />

The Company does not rely on specific local or foreign suppliers or major customers for more than 10% of its total procurements<br />

9. (B) Number of company employees and qualifications<br />

and/or sales.<br />

7. Government protection or privileges enjoyed by the Company<br />

There are no government protection measures, nor privileges enjoyed by the Company or any of its products / subsidiaries in<br />

accordance with legal regulations.<br />

8. Government or international organizations measures with material impact on<br />

the Company’s activities, products, or competitiveness<br />

All of the hotels and resorts owned by Zara have benefited from the exemptions stipulated in the Investment Promotion and<br />

62% of the employees of Zara are<br />

young high school graduates<br />

Special Economic Zone Laws. These exemptions cover duties and taxes on procurement of furniture, fixtures and equipment<br />

(FF&E) required for refurbishment and renovation purposes.<br />

9. (A) Organization structure<br />

Ph.D.<br />

Masters<br />

Higher Diploma<br />

Bachelors<br />

Diploma<br />

High School<br />

Total Number<br />

of Employees<br />

BOARD OF DIRECTORS<br />

Zara Investment Holding Company PLC - 3 - 17 2 7 29<br />

AUDIT COMMITTEE<br />

EXECUTIVE COMMITTEE<br />

Subsidiaries<br />

Zara South Coast Development Company LLC - - - 67 142 153 362<br />

Red Sea Hotels Company LLC - - - 58 117 145 320<br />

GENERAL MANAGER<br />

Amman Tourism Investment Company LLC - 2 - 62 41 261 366<br />

SUBSIDIARIES<br />

CFO<br />

National Hotels and Tourism Company LLC - 4 - 63 38 386 491<br />

South Coast Real Estate Development Company LLC - - - - - - -<br />

Jordan Hotels and Tourism Company PLC - 1 - 100 130 298 529<br />

South Coast Hotels Company LLC - - - - - - -<br />

Nabatean Hotels Company LLC - - - 2 2 48 52<br />

Oasis Hotels Company LLC - - - - - - -<br />

CORPORATE COMMUNICATIONS DEPT.<br />

ENGINEERING DEPT.<br />

ADMINISTRATION DEPT.<br />

HUMAN RESOURCES DEPT.<br />

INFORMATION SYSTEMS DEPT.<br />

FINANCE DEPT.<br />

Levant Hotels and Tourism Company LLC - - - 15 8 115 138<br />

Rum Hotels and Tourism Company LLC - - - - - - -<br />

Jordan Himmeh Mineral Company PLC - - - - - 4 4<br />

Jordan Hotel Supplies Trading Company LLC - - - 7 4 15 26<br />

Zara Agricultural Company LLC - - - - - 26 26<br />

Total - 10 - 391 484 1,458 2,343<br />

24 Board of Directors’ Report Annual Report 2013 25

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!