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INVESTOR RELATIONS

Jabal Omar Development Company announces the signing of Murabaha facility agreement with Al Rajhi Bank.

Introduction Jabal Omar Development Company announces the signing of SR 1.9 billion facility agreement with Al Rajhi Bank. Date of obtaining the funding 2024-01-25 Corresponding to 1445-07-13 Financing entity Al Rajhi Bank. Financing amount SR 1.900.000.000 Financing duration 2 years Guarantees offered for the financing Security over certain real estate assets within the Jabal Omar […]

Jabal Omar Development Company announces the receipt of a license from the Ministry of Tourism to operate the second tower of Jabal Omar Jumeirah Hotels in its project in Makkah

Announcement Detail Jabal Omar Development Company announces that it has received on Thursday 18 Jan 2024, the license of the Ministry of Tourism to operate the second tower of the Jabal Omar Jumeirah hotel with a five-star rating. The second tower includes 244 luxurious and modern style rooms and suites in addition to a restaurant, […]

Jabal Omar Development Company announces that it has obtained an initial permit from the Ministry of Hajj and Umrah to provide service to pilgrims abroad

Announcement Detail Jabal Omar Development Company announces that it has obtained an initial permit from the Ministry of Hajj and Umrah to provide Hajj service to pilgrims abroad for (80) thousand pilgrims. The company is currently working on completing the necessary procedures to obtain the final permit. This comes within the company’s strategy to enhance […]

Jabal Omar Development Company announces the liquidation of Aliyat Marketing Company

Announcement Detail Jabal Omar Development Company announces that the liquidation of Aliyat Company – a one-person closed joint stock company wholly owned by the company with a capital of five million six hundred thousand Saudi riyals. It should be noted that the activity of Aliyat Company has been merged into Jabal Omar Company, and therefore […]

Jabal Omar Development Company announces the board’s recommendation to increase its share capital through debt conversion

Introduction Further to the announcement made by Jabal Omar Development Company (the “Company”) published on the Saudi Stock Exchange (Tadawul) website on 7-6-1445 corresponding 20-12-2023 in relation to the execution of the debt settlement agreements with Central District Cooling Company and Makkah Construction and Development Company (the “Creditors”), the Company announces that its Board of […]

Jabal Omar Development Company announces the signing of settlement agreements with each of the central district cooling company and Makkah Construction and Development Company

Announcement Detail Jabal Omar Development Company (the “Company”) announces the execution of two settlement agreements with Central District Cooling Company (the “ First Creditor”) and Makkah Construction and Development Company (the “Second Creditor”) through a capital increase of the share capital of the Company by way of debt conversion and issuance of new shares in […]

Jabal Omar Development Company announces starting the electronic voting on the agenda items of the 14th Extraordinary General Assembly Meeting (First Meeting) (Reminder Announcement)

Announcement Detail With reference to the company’s announcement on Tadawul dated 22 November 2023 regarding inviting the shareholders to attend the 14th Extraordinary General Assembly Meeting (First Meeting) which will be held on Wednesday, 29-5-1445 Corresponding to 13-12-2023 at 19:30 p.m. by means of modern technology. ¬¬ The Company would like to announce that electronic […]

Jabal Omar Development Company announces starting the electronic voting on the agenda items of the 14th Extraordinary General Assembly Meeting (First Meeting)

Announcement Detail With reference to the company’s announcement on Tadawul dated 22 November 2023 regarding inviting the shareholders to attend the 14th Extraordinary General Assembly Meeting (First Meeting) which will be held on Wednesday, 29-5-1445 Corresponding to 13-12-2023 at 19:30 p.m. by means of modern technology. The Company would like to announce that electronic voting […]

Jabal Omar Development Company announces the receipt of the license from the Ministry of Tourism to operate the second tower of Jabal Omar Address Hotels in its project in Makkah Al-Mukarramah

Announcement Detail Jabal Omar Development Company announces that it has received on Monday the 4th of December 2023, the license from the Ministry of Tourism to operate the second tower of the Jabal Omar Address hotel with a five-stars rating. The second tower includes 742 rooms and suites, in addition to 2 restaurants, a cafe, […]

Jabal Omar Development Company announces the full and final redemption of its Sukuk

Introduction Jabal Omar Development Company announces the full and final redemption of its Sukuk of the aggregate face amount of USD 135,000,000 Offer Type Sukuk certificates Value of the redeemed (sukuk bonds) USD 67,500,000 Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) 50 % Number of redeemed (bonds/sukuk) 337.5 Suk Issuance Date 2018-11-15 Corresponding […]

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