Proud to announce that the Marsa Zayed Project has joined our Clientele list.
We are honored at Allied Group to announce the signing of a comprehensive legal representation agreement supporting the Marsa Zayed project in Aqaba, Jordan, with the joint development company formed by AD Ports Group and MAG Group Holding. With this agreement, Allied Group has become the official legal representative for this significant project.
The agreement was signed by Eng. Mohammed Nimer, Project Director of Marsa Zayed, and Lawyer Ahmed Tahboub, CEO of Allied Law & Arbitration. Our specialized experts at Allied will provide integrated legal consultancy and contractual support throughout the project.
Marsa Zayed is one of Jordan’s largest mixed-use developments, covering an area of approximately 3.2 million square meters along Aqaba’s waterfront, with an estimated investment value of around USD 10 billion. This integrated development model significantly enhances Aqaba’s position as a leading investment and tourism destination on the Red Sea.
The project is divided into several phases, with Marsa Zayed Riviera representing the first phase. This initial phase includes four residential towers with sea views, a fully integrated marina featuring 1,260 residential units and 117 retail outlets, a hotel and serviced apartments with 360 rooms, in addition to developing the Old Market area, rehabilitating Aqaba Port Lighthouse, establishing a yacht club and marina, and constructing a cruise terminal.
We greatly appreciate the confidence placed in us by our partners at the Development Company and remain fully committed to delivering the highest quality legal services to ensure the success of this strategic national project. This collaboration reflects the strong and strategic partnership between Jordan and the United Arab Emirates and contributes significantly to promoting sustainable economic and tourism growth in the region.