
MAG Group Holding Launches Riviera Heights, First Phase of Jordan's Marsa Zayed Red Sea Beachfront Community
MAG Group Holding, the diversified, multinational real estate development company, officially launched Riviera Heights, the highly anticipated first luxury residential development in Marsa Zayed, Jordan's largest mixed-use beach front community. Riviera Heights is the first project in a plan to transform a 320-hectare section of Jordan's Red Sea coast into an international tourism and residential destination. Land owner AD Ports Group in February appointed Dubai-based MAG Group Holding to develop Marsa Zayed, which will open a southern gateway to Jordan's main attractions, the UNESCO World Heritage Site Petra and Wadi Rum Protected Area.Riviera Heights will consist of four, 35-story luxury apartment buildings, spread over 51,000 m2, located on the southern edge of the Marsa Zayed development area. The development will include more than 1,250 seafront apartments.Moafaq A. Al Gaddah, Founder and Chairman of MAG Group Holding, said: 'Riviera Heights captures the true essence of Jordan—its warmth, heritage, and culture. We are breathing new life and economic vitality into Aqaba by creating vibrant spaces that foster genuine connection to its extraordinary Red Sea coastline. Together with AD Ports Group, our vision is to cultivate a destination with wide appeal to a wide range of discriminating travellers, where everyone feels a true sense of belonging.'Site works are now underway, and the handover completion of Riviera Heights construction is expected by Q1 2028. MAG Group Holding is committed to delivering the highest standards of quality, design, and lifestyle-focused experiences to investors, supported by tailored payment plans and dedicated property management.Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said: 'We welcome the launch of Riviera Heights, which marks the official beginning of construction in Marsa Zayed, the Red Sea's newest and most exciting tourism and residential development. Under the wise guidance of our leadership in the UAE, AD Ports Group and MAG Group Holding are making a strategic investment in Jordan's economy that will bring long-term jobs and economic growth to a region defined by its unique natural coastal beauty.'Riviera Heights lays the foundation for Marsa Zayed's vision of a vibrant, contemporary waterfront community. By combining distinctive homes, rich cultural offerings, and a lively social scene in one exceptional setting, it marks a significant milestone for Aqaba.Marsa Zayed is Jordan's flagship tourism venture and ranks among the Middle East's most ambitious real estate development projects. Riviera Heights will be built next to the Phase 1 development of Marsa Zayed, which will eventually span 1.2 km of Red Sea beachfront, and include a marina, a hotel, hotel apartments with a beach club, an Old Souq marketplace with 50 retail shops, a yacht club, and a visitor's centre.
Marsa Zayed will also count among its attractions the restored minaret of the Al-Sharif Al-Hussein Bin Ali Mosque, the most prominent architectural feature in Aqaba. Marsa Zayed is strategically positioned to attract regional and international homeowners and investors.
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Al Bawaba
2 days ago
- Al Bawaba
MAG Group Holding Launches Riviera Heights, First Phase of Jordan's Marsa Zayed Red Sea Beachfront Community
MAG Group Holding, the diversified, multinational real estate development company, officially launched Riviera Heights, the highly anticipated first luxury residential development in Marsa Zayed, Jordan's largest mixed-use beach front community. Riviera Heights is the first project in a plan to transform a 320-hectare section of Jordan's Red Sea coast into an international tourism and residential destination. Land owner AD Ports Group in February appointed Dubai-based MAG Group Holding to develop Marsa Zayed, which will open a southern gateway to Jordan's main attractions, the UNESCO World Heritage Site Petra and Wadi Rum Protected Heights will consist of four, 35-story luxury apartment buildings, spread over 51,000 m2, located on the southern edge of the Marsa Zayed development area. The development will include more than 1,250 seafront A. Al Gaddah, Founder and Chairman of MAG Group Holding, said: 'Riviera Heights captures the true essence of Jordan—its warmth, heritage, and culture. We are breathing new life and economic vitality into Aqaba by creating vibrant spaces that foster genuine connection to its extraordinary Red Sea coastline. Together with AD Ports Group, our vision is to cultivate a destination with wide appeal to a wide range of discriminating travellers, where everyone feels a true sense of belonging.'Site works are now underway, and the handover completion of Riviera Heights construction is expected by Q1 2028. MAG Group Holding is committed to delivering the highest standards of quality, design, and lifestyle-focused experiences to investors, supported by tailored payment plans and dedicated property Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said: 'We welcome the launch of Riviera Heights, which marks the official beginning of construction in Marsa Zayed, the Red Sea's newest and most exciting tourism and residential development. Under the wise guidance of our leadership in the UAE, AD Ports Group and MAG Group Holding are making a strategic investment in Jordan's economy that will bring long-term jobs and economic growth to a region defined by its unique natural coastal beauty.'Riviera Heights lays the foundation for Marsa Zayed's vision of a vibrant, contemporary waterfront community. By combining distinctive homes, rich cultural offerings, and a lively social scene in one exceptional setting, it marks a significant milestone for Zayed is Jordan's flagship tourism venture and ranks among the Middle East's most ambitious real estate development projects. Riviera Heights will be built next to the Phase 1 development of Marsa Zayed, which will eventually span 1.2 km of Red Sea beachfront, and include a marina, a hotel, hotel apartments with a beach club, an Old Souq marketplace with 50 retail shops, a yacht club, and a visitor's centre. Marsa Zayed will also count among its attractions the restored minaret of the Al-Sharif Al-Hussein Bin Ali Mosque, the most prominent architectural feature in Aqaba. Marsa Zayed is strategically positioned to attract regional and international homeowners and investors.


Al Bawaba
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The Ritz-Carlton, Amman Celebrates General Manager Tareq Derbas' Latest Honor and Legacy of Excellence
The Ritz-Carlton, Amman is honored to announce that its General Manager, Mr. Tareq Derbas, has been awarded General Manager of the Year – Jordan at the 2025 GM Awards. Presented at a prestigious ceremony in the UAE, this honor marks the second consecutive year Mr. Derbas has received this accolade, an extraordinary recognition of his leadership, innovation, and enduring impact on luxury hospitality in Jordan and the broader welcoming its first guests in 2022, The Ritz-Carlton, Amman has emerged as a beacon of refined service and exceptional guest experiences. From day one, the hotel's story has been guided by the expert hand of Mr. Derbas, whose three-decade career in global luxury hospitality has shaped every detail, from its intuitive service to vibrant cultural offerings. It is a testament to the brand's uncompromising standards and its ability to identify and entrust the right expertise to bring its vision to his stewardship, The Ritz-Carlton, Amman has earned a reputation for delivering consistently exceptional guest satisfaction. For over 30 consecutive months, the hotel has ranked as the #1 Ritz-Carlton property in the EMEA region in the brand's Intent-to-Recommend survey, while also securing a top-five position globally. It is an outstanding achievement that speaks to operational excellence and a deeply rooted service pursuit of excellence has been recognized across the hospitality world. The hotel was named Middle East's Leading Luxury Hotel by the World Travel Awards in both 2022 and 2023. In 2024, it reached even greater heights, earning dual honors as the World's Leading Luxury Hotel and Spa and the Middle East's Leading Luxury Hotel and Spa, reflecting the property's holistic luxury experience and continued the accolades, Mr. Derbas' influence has extended into the very culture and conscience of the hotel. His strategic focus on responsible tourism and sustainability helped The Ritz-Carlton, Amman become the first property in the city to receive the VERIFIED™ Responsible Hospitality badge from Forbes Travel Guide. The hotel also earned the internationally respected Green Key Sustainability Award in both 2024 and Travel Guide also honored the property with a Global Partner Award in 2024, which is reserved for hotels that exceed world-class standards through innovation, service, and unparalleled guest experiences. In the wellness space, The Ritz-Carlton Spa, Amman was named Jordan's Best Hotel Spa in 2024 by the World Spa Awards, further amplifying the hotel's position as a destination of serenity and Mr. Derbas has been recognized among the most influential hoteliers in the region, having been featured on Hotelier Middle East's General Manager Power List in both 2023 and 2024. His inclusion on this distinguished list for two consecutive years places him among the top 101 leaders shaping the future of hospitality across the Middle East. Over the past three years, The Ritz-Carlton, Amman has earned distinction for its consistently top-ranked guest experience, industry recognition, sustainability leadership, and wellness excellence. Under Mr. Derbas' leadership, the hotel has firmly established itself as a benchmark for luxury hospitality in the region, where each milestone reflects a commitment to excellence that continues to shape its story.


Al Bawaba
5 days ago
- Al Bawaba
البنك العربي يطلق حملة ترويجية خاصة بالقروض السكنية
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