Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Implementation phase Amer Group hosts top VIPs and businessmen  Join our daily free Newsletter

MENAFN Press - 19/05/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN Press) Amman, May 2014 - In celebration of laying the foundation stone and marking the commencement of the implementation phase of Porto Dead Sea, Amer Group - one of Egypt's leading development companies within the tourism and entertainment sectors with a legacy spanning over 25 years - held a gala dinner for more than 800 top VIPs, businessmen and media representatives. Launched under the slogan - Pulse of the Dead Sea - Porto Dead Sea is Amer Group's first project in the Hashemite Kingdom of Jordan and the largest of its kind in the region. As one of the biggest investments in the Kingdom, Porto Dead Sea is estimated of a total cost of JOD 60 million for the initial development phase only.

The gala dinner, which hosted riveting performances by popular Egyptian singer Tamer Hosni, was held at Four Seasons Amman Hotel, in the presence of Amer Group Vice Chairman Omar Amer, alongside a number of 800 invitees. During the event, Amer welcomed the guests and spoke about the positive trade and tourism relations between Egypt and Jordan. The event also featured two presentations, one of which showcased Amer Group's longstanding history in the development of large-scale touristic projects across Egypt and the region, whereby the other touched on the rationale behind the Company's decision to choose the Dead Sea as home to one of its largest projects to date.

"By organizing this gala dinner, we aimed to officially unveil Porto Dead Sea to Jordan's top investors and VIPs, and highlight the project's unique investment and developmental value as a first-of-its-kind, world class family tourism city located on the banks of the Dead Sea. In addition to pying an active role in the development of the area, the project is set to positively impact the national economy by supporting the tourism sector, increase Jordan's overall hotel capacity, attract regional and international investments, as well as create thousands of jobs for Jordanians. Porto Dead Sea will generate 6,000 sustainable job opportunities upon its operation, as well as thousands of additional opportunities throughout its construction phase," commented Amer. "We hope that this event has presented our guests with the chance to learn more about this project, which we are confident will revolutionize Jordan's tourism sector."

Scheduled to complete its first phase in 2016, Porto Dead Sea will offer an expansive suite of family tourism facilities spread across 800,000 sqm along the Dead Sea coast. These include thousands of hotel-serviced apartments, 20 global restaurants and cafs, mega malls, an international health and spa center, medical facilities, and an amusement park. Furthermore, the project will feature an equestrian and shooting club, different sports courts, 20 swimming pools - four of which are women-only - in addition to four lakes, the biggest dancing fountain in Jordan, and the first cinema complex in the Dead Sea. Porto Dead Sea will also introduce Amer Group's highly-acclaimed Papa Porto Carnivals to Jordan, offering family entertainment throughout the year.

Amer Group is one of Egypt's leading development companies operating within the tourism and entertainment sector for over 25 years. The Group owns and runs several large-scale touristic and residential Porto destinations across Egypt, the Middle East and Morocco.

About Amer Group
This press release has been distributed by Bidaya Corporate Communications on behalf of Amer Group. For more information or assistance, kindly contact us at:Tel: 962 6 585 4002/6 or 585 3001 Fax: 962 6 585 3001P.O. Box: 930391, Amman 11193, JordanEmail: media@bidayacorp.com



  MENA News Headlines
 Oct 25 2016 - EU to resume Libyan coast guard training after attack on migrantsMENAFN
(MENAFN) The European Union will go ahead with training for the Libyan coast guard this week, days after a coast guard vessel allegedly attacked a boat carrying migrants, causing four of them to ...

 Oct 25 2016 - Lebanon parliament speaker expects six months for forming governmentMENAFN
(MENAFN) Lebanon's parliament speaker, Nabih Berri, believes that even if Michel Aoun is elected president next week after a vacancy of more than two years forming a government will take from five to ...

 Oct 25 2016 - Call for inquiry into Iraq mosque attackMENAFN
(MENAFN) Human Rights Watch has called for an investigation into an attack on a mosque in northern Iraq on Friday that killed at least 13 women and children.Witnesses believe the attack in Daquq was ...

 Oct 25 2016 - Qatar's pre-Emir Khalifa dies at 84MENAFN
(MENAFN) Qatar on Sunday announced three days of national mourning after former Emir Khalifa bin Hamad al-Thani, who was deposed in a palace coup, died aged 84.In detail,the former ruler, grandfather ...

 Oct 25 2016 - Kuwait's Ooredoo profit falls by 2.6pctMENAFN
(MENAFN) Mobile operator Ooredoo Kuwait posted a 2.6 percent decline in Q3 net profit of this year.Additionally, revenue totaled USD42.6mn for the cited period, compared with a profit of 13.3mn ...

 Oct 25 2016 - Egypt put hands on sugar stocks amid bitter shortagesMENAFN
(MENAFN) Major food companies have halted production in Egypt after the government seized weeks of sugar supplies, amid nationwide shortages of the staple.In detail, the companies include Pepsi and ...

 Oct 25 2016 - Mideast mergers & acquisitions hit USD37.4bnMENAFN
(MENAFN) Middle Eastern investment banking charges reached USD580.7mn amid the Jan-Sep period of this year, an 11 percent increase.Accordingly, the value of announced M&A transactions with any ...

 Oct 25 2016 - Iraqis are most generous to strangersMENAFN
(MENAFN) According to a new global index of charitable giving, although torn by civil war, Iraq is the world's most generous country towards strangers in need. In detail, eighty one percent of Iraqis ...

 Oct 25 2016 - Egypt signs USD15bn-oil deals in 3 yearsMENAFN
(MENAFN) Egyptian Petroleum Ministry has inked almost 70 new deals with investments of USD15bn amid the last three years.Additionally, oil sector's strategy depends on a number of axes notably ...

 Oct 25 2016 - Oman to borrow USD10bn from overseas marketsMENAFN
(MENAFN) Oman aims to borrow USD10bn from overseas markets in the coming four years in order to meet budget deficit in the severe fall in oil revenue.However, a fall in oil prices has caused a large ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help