Zara Investment Holding announced that its profits increased by 2118% to JOD 1.76 million in the first half of 2014 compared with the same period of 2013.

The company said that this increase occurred in spite of Jordan’s tourism sector negative performance due to political unrest in the neighboring countries around the kingdom.

The company added that these profits resulted from the increase in operating revenues by 11% to JOD 44.37 million.

Moreover, the company had incurred losses of about JOD 895.478 thousand at the end of 2013 compared with JOD 1.547 million profits in the same period of 2012 due to political instability in the region.