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JODC Shareholders Approve Landmark Alinma Fund Debt to Equity Transaction, Set to Issue 225 Million New Shares in Return for Settling SAR 5.3 billion in Outstanding Debt Owed to the Fund

Makkah, KSA; 28 August 2022: Jabal Omar Development Company (“JODC” or the “Company”) (Tadawul: 4250), one of the largest real estate developers in Saudi Arabia and the master developer of the iconic mega mixed-used project in Makkah, Jabal Omar, received shareholder approval for issuing new ordinary shares in the JODC to the unitholders of the […]

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 […]

Deputy Governor of Makkah Region Inaugurates Prophet’s Companions Exhibition titled ‘Companions of Jabal Omar’ at Souk Al Khalil, Jabal Omar

MAKKAH, 17 July 2019: The Deputy Governor of the Makkah Region His Royal Highness Prince Badr bin Sultan bin Abdulaziz Al Saud inaugurated the Prophet’s Companions Exhibition titled ‘Companions of Jabal Omar’ at the Jabal Omar development in Makkah. The location directly overlooks the Holy Mosque, thereby giving pilgrims and visitors to Jabal Omar an […]

Jabal Omar Development Company Signs Memorandum of Understanding with Faculty of Tourism at King Abdulaziz University

MAKKAH, August 2019 – Under the auspices His Excellency the Minister of Hajj and Umrah Dr. Mohammad Saleh bin Taher Benten, Jabal Omar Development Company, one of the largest real estate development companies listed in the Saudi stock market, announced the signing of a memorandum of understanding with the Faculty of Tourism at King Abdulaziz […]

The Highest Suspended Musala In The World Will Soon Rise In Makkah

Unique architectural landmark embodies the vision of Jabal Omar Development Company to enhance hospitality services for the guests of Allah MAKKAH, October 2019: Jabal Omar Development Company (JODC) has inaugurated the Suspended Musala, the highest suspended place of prayer in the world. The Suspended Musala is located between the two highest towers in the Jabal […]

Princess Nourah bint Abdulrahman University honors Jabal Omar Development Company

MAKKAH, December 2019 – At a ceremony held under the patronage of His Excellency the Minister of Labor and Social Development Eng. Ahmed bin Sulaiman Al-Rajhi, Jabal Omar Development Company (JODC) was presented with an award in recognition of its participation in the training and leadership guidance initiative for women, and for its permanent contribution […]

Jabal Omar Development Company Adds DoubleTree Hotel by Hilton to It’s Exciting and Existing Portfolio

Jabal Omar DoubleTree Hotel by Hilton Makkah will become the 6th hotel to open within Jabal Omar Destination MAKKAH, Jan 2020: Jabal Omar Development Company (JODC), the leading real estate development company in the Middle East, has announced that the official opening of Jabal Omar DoubleTree Hotel by Hilton Makkah will be taking place soon. […]
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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 […]
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