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JODC announces that it has received the approval of Makkah Region Development Authority to increase the investment construction surfaces of JODP in Makkah

Jabal Omar Development Company announces that it has received the approval of Makkah Region Development Authority to increase the investment construction surfaces for the fifth, sixth and seventh phases of its project in Makkah, so that the total investment construction surfaces for the entire project reaches 1,665,909 m2 out of 1,171,287 m2, and the increase in the area represents 494.622 m2.

These surfaces will be used in accordance with the project’s construction plan.

The financial impact will start positively on the value of the Company’s assets and investment and operational returns upon the completion of the development process; knowing that this news is the reason for stopping the Company’s shares from trading for this day only, upon the Company’s request from the Capital Market Authority (CMA), as stated in the CMA’s announcement published on this day on the Saudi Stock Exchange “Tadawul” website.

Other Press Releases

nebosh

Jabal Omar has acquired two accreditations from NEBOSH

Jabal Omar has acquired two accreditations from the National Examination Board in Occupational Safety and Health NEBOSH, which is one of the most recognizable board worldwide that aims to qualify employees. This achievement qualifies Jabal Omar to provide training and qualification services in both syllabus: Health and Safety at Work (HSW) and International General Certificate […]

Hyatt Announces Plans for Jabal Omar Hyatt Centric Makkah Hotel and Residences

The property marks the first Hyatt Centric brand in the Kingdom of Saudi Arabia and the second in the Middle East Chicago, January xx, 2019 – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Jabal Omar Development Company, a leading developer in the Middle East, […]
Northcare

Jabal Omar Development Company and British Northacre Company form strategic partnership

Aimed at exploring future opportunities for collaboration in real estate development Jabal Omar Development Company and British Northacre Company form strategic partnership JEDDAH, January 2019 – Jabal Omar Development Company (JODC), one of the biggest real estate developers in the Kingdom of Saudi Arabia and the Saudi Stock Exchange (Tadawul), recently signed a Memorandum of […]

Jabal Omar to provide healthcare services to Makkah visitors

Jabal Omar Development Company (JODC), the Kingdom’s leading real-estate company, and Smart Medical Services Company have signed an agreement to establish a medical center located in Jabal Omar project. The agreement was signed by JODC’s CEO Yasser bin Faisal Al-Sharif and Chairman of the Board of Directors, Smart Medical Services, Abdullah Abdulaziz Al-Othaim. The Medical […]
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