Corporate News Room


JODC and Albilad Capital signed an Agreement to purchase 55 Residential Units at One Billion Saudi Riyals

On Thursday 19/12/1437 AH, corresponding to 20/9/2016, Jabal Omar Development Company and Albilad Capital Company, which is “Bank Albilad’s Investment Banking Arm”, signed an agreement to purchase 55 residential units in Jabal Omar project in Makkah with a unique competitive advantage of being near the Grand Mosque.

The agreement was signed by Mr. Yasser Bin Faisal Al-Sharif, CEO of JODC; and Mr. Al Hassan Sami Qusous, CEO of Albilad Capital, in the presence of Mr. Fahd bin Abdullah Al-Dakhil, Chairman of Albilad Capital Board; and Dr. Abdullah bin Hamad Al Mishal, Vice Chairman of JODC Board.

JODC indicated that it will use the sale proceeds in the implementation of its strategy.

Other Press Releases

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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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Prince Bader Bin Sultan Visit to Jabal Omar Project

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