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Jordan Aqaba

List of all articles filed under “jordan-aqaba” category.

Ayla: A Unique Mixed Use Real Estate Project on the Red Sea

“Ayla is very unique; it is basically realising the vision of Aqaba in a way. The vision of Aqaba was to have 50% of its activities in tourism and in other related developments. So Ayla was given land on the border which was undeveloped to turn into a mixed use development and attraction,” says Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.

鈥淭ourism is Jordan鈥檚 oil鈥� 鈥� Sahl Dudin

“Tourism is basically the major sources of income to the Kingdom and the employer of tens of thousands of people. Jordan boasts many touristic sites like Petra, Jerash, Wadi Rum, Dead Sea and Aqaba. We believe that tourism is Jordan鈥檚 future in terms of revenue and prosperity,” explains Sahl Dudin, Managing Director of Ayla Oasis Development Company, which is currently undertaking the leading real estate development on the Red Sea.

鈥淭here Is Room for More Industries in Jordan,鈥� Says Sheldon Fink of PBI Aqaba

“We believe that Jordan is far away from having realised its potential. That is great in business. If more foreign investors come here and show what we can do and how it can be a very important part of local development then that would also help. That is one of the jobs we are trying to do,” says Sheldon Fink, Chairman & CEO of PBI Aqaba Industrial Estate.

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