ZaraAnnual-Arabic2009
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- Subsidiaries:<br />
Paid up<br />
Capital / JD<br />
Main Activity<br />
Headquarter<br />
Shareholding<br />
%<br />
Number of<br />
Employees<br />
Red Sea Hotels Company Ltd.<br />
17,000,000 Owner of Mövenpick Resort & Residence Aqaba Aqaba 100% 358<br />
Amman Tourism Investment Company Ltd.<br />
Owner of Grand Hyatt Amman Hotel , Hyatt Tower and Zara<br />
16,500,000<br />
Center<br />
National Hotels and Tourism Company Ltd.<br />
Amman 100% 531<br />
15,000,000 Owner of Mövenpick Resort & Spa Dead Sea Amman 100% 545<br />
Zara South Coast Development Company Ltd.<br />
15,000,000 Owner of Mövenpick Resort Tala Bay Aqaba Aqaba 75% 362<br />
Jordan Hotels and Tourism Company PSC<br />
Mövenpick Resort & Spa Dead Sea<br />
2. a- Main activities of the Company<br />
Paid up<br />
Capital / JD<br />
Main Activity Headquarter<br />
Zara Investment Holding Company PSC<br />
125,000,000 Hotel, tourism and general investments Amman 34<br />
Consolidated assets: JD 272.6 million<br />
Number of<br />
Employees<br />
10,000,000 Owner of InterContinental Jordan Hotel Amman 51.6% 563<br />
South Coast Real Estate Development Company Ltd.<br />
Real estate development – Aqaba South Coast (Ras Al<br />
4,250,000<br />
Yamaniyah)<br />
South Coast Hotels Company Ltd.<br />
Owner of tourism project – Aqaba South Coast (Ras Al<br />
3,500,000<br />
Yamaniyah)<br />
Nabatean Hotels Company Ltd.<br />
Aqaba 82% 0<br />
Aqaba 82% 0<br />
2,800,000 Owner of Mövenpick Nabatean Castle Hotel - Petra Amman 100% 92<br />
Oasis Hotels Company Ltd.<br />
1,600,000 Owner of tourism project - Dead Sea Amman 92.2% 0<br />
Levant Hotels and Tourism Company Ltd.<br />
500,000 Owner of Mövenpick Resort Petra Amman 100% 192<br />
Rum Hotels and Tourism Company Ltd.<br />
500,000 Owner of tourism project - Tybeh - Petra Amman 75% 0<br />
Jordan Himmeh Mineral Company PSC<br />
500,000 Owner of Jordan Himmeh Resort - Mukhaibeh Amman 55.8% 3<br />
Jordan Hotel Supplies Trading Company Ltd.<br />
300,000 Owner of Souk Zara gift boutiques Amman 100% 28<br />
Zara Agricultural Company Ltd.<br />
50,000 Landscape and nursery services - Jordan Valley Amman 52% 16<br />
Total Number of Employees 2,690<br />
Neither the Holding Company nor any of its subsidiaries have any branches inside or outside of the Kingdom.<br />
18 Board of Directors’ Report Annual Report 2009 19
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