Type Holding Company Founded 1994 | Industry Tourism, Investments | |
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Native name شركة زارة للاستثمار القابضة Subsidiaries National Hotels And Tourism Co., Ltd. | ||
Zara Investment Holding was founded on 10 May 1994 by Sabih al-Masri, the current chairman, and Khalil Talhoni, in addition to a number of investors and local banks and Arab and international investment companies, such as the International Finance Corporation (IFC).
Zara invests primarily in tourism; particularly, in the hotels sector. Zara is one of the largest investment groups in Jordan.
Zara owns the most 5-star hotels in Jordan, with seven, including: Dead Sea, Petra and Amman. The number of hotel rooms owned by Zara Investment is 2131; which equals 30% of the total of 5-star hotel rooms in Jordan, and 26% of the workforce.
References
Zara Investment Holding Wikipedia(Text) CC BY-SA