About Aqaria

  INTRODUCTION

  COMPANY ACTIVITIES

  BOARD OF DIRECTORS

INTRODUCTION

ABOUT AQARIA
Real Estate is now one of the major sectors attracting investors in Palestine. This is due to the obvious shortage in housing complexes and other buildings. This increasing demand resulted from the natural population growth, the needs of the returnees for suitable housing and the rising expectations of an eventual peace settlement for the whole region

Palestine Development & Investment Co. (WWW.PADICO.COM) was quick to appreciate the extent of the possibilities in this sector, and therefore established the Palestine Real Estate Investment Co. in 1994. AqariA is capitalized at $ 22 million of which Padico’s share is 47%. It has offices in Amman, Jordan, Ramallah – Elbireh and is headquartered in Remal Gaza

The Palestine Real Estate Investment Company, Aqaria, is considered one of the leading investment companies contributing to the rebuilding of Palestine, the promising land of the Future. The company’s present priority is the planning and the construction of well designed housing and commercial complexes, department stores, malls and central parking facilities thus providing high quality modern homes and comprehensive community services using local materials and expertise at reasonable prices. Our policy is to endow each project with a uniquely distinguished style.

The company is capitalized at $ 22 million and has offices in Amman, Jordan, ElBireh/Ramallah, and is headquartered in Al Remal – Gaza.

COMPANY
ACTIVITIES

Since its establishment in 1994, Aqaria has embarked in the following lines of action:

To survey and study the real estate market in the West Bank and Gaza through specialized consultants ( local and foreign ).
To explore with the Palestinian National Authority and municipal Councils the possible development, through joint investments, of suitable property owned by these authorities.
To locate and acquire suitable land plots for the purpose of future development, resale, and / or for building the company’s own housing or commercial complexes.

BOARD OF
DIRECTORS

Chairman		Mr. Nabil Saraf Representing Palestine Development and Investment Co. (Padico)
Vice Chairman		Mr. Omar Al Alami Representing Arab Investors Co.
Board Member		Mr. Ibrahim Abdul Hadi Representing the Arab Insurance Corp.
		Mr. Issam Jaber
		Mr. Gazi Mushtaha
		Mr. Hatem Al-Halawani Representing Palestine Development and Investment Co. Ltd. (Jordan)
		Mr. Jamal Al-Araj
		Mr. Munir Khouri Representing Consolidated Contractors Co
		Mr. Munther Khalidi Representing Al-Masira Co.
		Mr. Said Mashal
		Mr. Shukri Bishara Representing Arab Bank-West Bank Branches
		Mr. Mazen Abu Hamdan Representing Cairo-Amman Bank
		Mr. Zahi Masri Representing EDGO

Bankers

Arab Bank Plc - Jordan

Arab Bank Plc - Palestine

Cairo Amman Bank - Jordan

Cairo Amman Bank - Palestine

Address

Gaza

P. O. Box 4049, Gaza Ramal
Tel (972-7) 2824815/25/35
Fax (972-7) 2824845
E - mail AQARIA@rannet.com

Ramallah

P. O. Box 3687 - Ramallah
Tel (972- 2) 2960505/6 or 2986505
Fax (972-2) 2986506

Amman Regional Office

P. O. Box 850661, Amman 11185, Jordan
Tel (962- 6) 5924292 - 5928541
Fax (962-6) 5924292
E-Mail Accounts:
Engineering: engineering@aqaria.com
Sales: sales@aqaria.com
Secretariat: secretariat@aqaria.com

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