Native name | شركة زارة للاستثمار القابضة |
---|---|
Company type | Holding Company |
Industry | Tourism, Investments |
Founded | May 10, 1994 | in Amman, Jordan
Founder | Sabih al-Masri, Khalil Al-Talhouni |
Headquarters | , |
Area served | Jordan |
Key people | Sabih al-Masri (chairman) |
Products | Tourism، Hotel |
Website | www.zaraholding.com |
Zara Investment Holding Co Ltd. was founded on 10 May 1994 by Sabih al-Masri, the current chairman, and Khalil Talhouni, in addition to a number of investors and local banks and Arab and international investment companies, such as the International Finance Corporation (IFC).[1]
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.[citation needed]