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To unlock Jordans potential as a tourism destination the European Bank for Reconstruction and Development (EBRD) is teaming up with Capital Bank of Jordan and Societ Gnrale Jordan to support the Ayla Oasis project, regeneration plan in the city of Aqaba on the Red Sea.
Under the project masterplan, the construction of Ayla (which derives its name from the ancient name of the city of Aqaba) will lead to redevelopment of the citys waterfront as a new, sustainable destination for tourism. Aqaba is Jordans only coastal city and a major tourist attraction, which Ayla will further enhance by adding sustainable hospitality, retail and entertainment components. Together with Wadi Rum and Petra, Aqaba is...