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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250602302021/en/
Riviera Heights, the first phase of Jordan’s Marsa Zayed Red Sea Beachfront Community (Photo: AETOSWire)
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.
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.
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. It 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 is Jordan’s flagship tourism venture and ranks among the Middle East’s most ambitious real estate development projects.
*Source: AETOSWire
View source version on businesswire.com: https://www.businesswire.com/news/home/20250602302021/en/
Contacts
Nasser Saimeh
nasser@cbpr.me
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CertiCon, an HTEC Company, Honored With Supplier Award 2024 by Frequentis for Outstanding Performance and Sustainability4.6.2025 08:57:00 EEST | Press release
CertiCon, a high-tech engineering company and part of the HTEC Group, has been awarded the prestigious Supplier Award 2024 by Frequentis, a global leader in communication and information systems for safety-critical applications. This marks the second consecutive year that CertiCon has been recognized as one of the three Frequentis’s top-performing suppliers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603419703/en/ CertiCon, an HTEC company, honored with Supplier Award 2024 by Frequentis for outstanding performance and sustainability The award celebrates exceptional supplier performance across key criteria including quality, pricing, technical support, customer care, and sustainability. CertiCon stood out not only for its reliable and innovative engineering services, but also for its commitment to corporate social responsibility. In addition to the supplier ranking, CertiCon received a special Sustainability Award, dis
KATE, Japan’s No. 1 Makeup Brand, Launches Strategic Initiatives to Strengthen Business and Brand Recognition Across Asia4.6.2025 08:10:00 EEST | Press release
Kao Corporation (TOKYO:4452) has identified its international makeup brand KATE as a strategic growth driver within its cosmetics portfolio. This initiative aligns with the company’s ambition to establish a “Global Sharp Top” business framework. In line with this vision, Kao is making significant investments to amplify KATE’s global presence. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603453681/en/ An image post of the Collaboration by KATE, with JUJUTSU KAISEN As part of this initiative, KATE will broaden the reach of its signature “Shadow Enhancing Makeup” philosophy—a technique deeply inspired by Japan’s cultural appreciation for shadows and light. In its role as Japan’s No.1 makeup brand*1, KATE will also collaborate with iconic Japanese cultural content to showcase the richness of both Japanese makeup culture and the broader essence of Japanese heritage on the global stage. To enhance the brand’s value, KATE will
Fujirebio Expands Its Neuro Testing Portfolio With the Launch of the Fully Automated Lumipulse® G sTREM2 Assay for Research Use Only4.6.2025 08:00:00 EEST | Press release
H.U. Group Holdings Inc. and its wholly-owned subsidiary Fujirebio today announced the availability of the Lumipulse G sTREM2 assay for the fully automated LUMIPULSE® G immunoassay analyzers. This CLEIA (chemiluminescent enzyme immunoassay) assay is available for Research Use Only (RUO) and allows for the quantitative measurement of soluble Triggering Receptor Expressed on Myeloid Cells 2 (sTREM2) in human cerebrospinal fluid (CSF) and blood within just 35 minutes. sTREM2 is a promising biomarker of microglial activation, offering researchers insights into neuroinflammation linked to Alzheimer’s and other neurodegenerative diseases. sTREM2 can be valuable for capturing the dynamics of inflammatory responses or for monitoring inflammatory modulators. This test complements Fujirebio’s growing portfolio of neuro biomarkers, including GFAP, NfL, and pTau, and reinforces the company’s leading position in advancing neuro biomarker research tools and diagnostics. “By adding sTREM2 to our neur
Ant International Pushes AI Strategy with AI Platform for Fintechs4.6.2025 06:00:00 EEST | Press release
Ant International, a leading global digital payment, and financial technology provider, today unveils its AI strategy with the launch of Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform that empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services with enhanced efficiency, security, and flexibility. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603232250/en/ Ant International launches Alipay+ GenAI Cockpit, an AI-as-a-Service (AIaaS) platform that empowers fintech companies and super apps to build AI-agentic and ultimately AI-native financial services with enhanced efficiency, security, and flexibility. Making AI systemically work for finance remains the holy grail of the current AI revolution. Alipay+ GenAI Cockpit is a platform to help entrepreneurs architect an agentic and ultimately AI-native financial services, combining automated workflows and task orchestr
TXOne Networks Introduces Breakthrough Capability for Intelligent Vulnerability Mitigation in New Release of TXOne SageOne4.6.2025 05:00:00 EEST | Press release
TXOne Networks, a leader in Cyber-Physical Systems (CPS) security, today announced an expanded new version of its SageOne OT Cybersecurity Governance Platform. Already relied upon by many industrial leaders across sectors with exacting cybersecurity requirements, TXOne SageOne has been enhanced to deliver a novel capability for intelligent vulnerability mitigation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603632277/en/ One of the most common challenges faced by (operational technology) OT cybersecurity practitioners is how to patch effectively under time constraints—making risk-based prioritization essential. TXOne SageOne uniquely integrates external intelligence on emerging threats, the specific operational context of each manufacturer and industry-standard vulnerability scoring to provide meaningful, tailored guidance to the organization’s security team. The TXOne Networks solution implements a rigorous, three-ph
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom