UAE sets out to turn Jordanian beach property into luxury resort
The Zayed Riviera is being developed by the UAE's MAG Group, with plans for residential towers, a yacht club and restoration of the Aqaba Minaret
Aqaba's Red Sea shore (Getty Images)
The UAE is moving ahead with plans to transform a piece of Jordan’s Red Sea beachfront into a luxury resort.
MAG Group, a subsidiary of ADQ’s AD Ports Group that was appointed on Sunday as the project’s developer, said it will soon begin work on the Marsa Zayed property in the southern port city of Aqaba, which abuts the Saudi border.
In the first phase, MAG will begin construction on what will be called the Zayed Riviera with four residential towers, a yacht club, and restoration of the Aqaba Minaret.
The Jordanian project could potentially link to similar planned resorts in Saudi Arabia, Egypt and Israel that form a border-traversing horseshoe around the Red Sea.