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JODC holds the Preparatory Meeting as a Partner of the Davos Forum

JODC has attended a preparatory meeting in Geneva with the Organizing Committee of the World Economic Forum, on the occasion of signing a partnership agreement between the two parties. The Committee extended an invitation to JODC to participate in Davos Forum that will be held in January 2017; in addition to other international and regional forums. The company was represented at the meeting by the CEO Mr. Yasser bin Faisal Al-Sharif, and Head of Corporate Marketing & Communications Mr. Ibrahim Abdul Haq Al-Balushi.

JODC was selected to participate in this global forum, which is attended annually by the world’s heads of state, the expert businessmen and financiers, and the global decision makers, due to several factors and information, such as the company’s reputation as one of the largest developers in the region, and its great success in the development of the “Jabal Omar” project, which was established to become an integrated area on the outskirts of the Meccan Sanctuary for all the hospitality and accommodation services; through a series of international hotels, distinguished malls, luxury hotel apartments, and cultural and historical exhibits, which practically embodies the Saudi Vision 2030 and is consistent with the development plans of the Holy Capital.

Other Press Releases

JODC received the Ministry of Finance’s approval to restructure SAR 3 billion existing loan facility

Makkah, Saudi Arabia; 21 November 2021: Jabal Omar Development Company (“JODC” or the “Company”), one of the largest real estate development companies in the Kingdom of Saudi Arabia, announced today the receipt of the Ministry of Finance’s approval to restructure an existing SAR 3 billion Murabaha loan facility. This agreement will have several immediate and […]

Jabal Omar Development Company Secures Over Half a Billion Saudi Riyals from Land Plot Sale in Jabal Omar Project

Makkah, KSA; 30 September 2021: Jabal Omar Development Company (JODC) (Tadawul: 4250), one the largest real estate developers in Saudi Arabia, today announced it has sold a parcel of land within its project via a public auction for SAR 517 million. The proceeds from the strategic land sale will enable the Company to progress with […]

Jabal Omar announces plans to enable sub-developers as part of its strategic transformation plan

• Mr. Khaled Al Amoudi, CEO: The Jabal Omar model aims to inject a new way of thinking in the real estate sector and enables sub-developers to seize opportunities in Mecca. • Supports growing business and accelerates the completion of development works in Mecca. • In line with Saudi Vision 2030 to develop the hospitality […]

Jabal Omar and Dar Al-Hekma University sign a MoU to develop the engineering creativity of female students

In order to achieve our ambition to become Jabal Omar Company a pioneer in creativity by opening development fields for national talents, the MoU that the company signed with Dar Al-Hekma University included cooperation in the field training for female students and the establishment of a studio for creative design, which reflects the company’s role […]
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