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Jabal Omar Development Company announces the change of representative of The General Authority for Awqaf in its board of directors

ELEMENT LISTEXPLANATION
IntroductionJabal Omar Development Company announces its Board of Directors approval of the request of The General Authority for Awqaf, for replacing its representative to be Mr. Hesham Abdulaziz Alzaid (Independent Member) instead of Mr. Rayan Saleh Alrasheed (Independent Member) effectively from 17/10/1443H corresponding to 18/5/2022G. On this occasion, the Board extends its thanks and appreciation to Mr. Rayan Alrasheed for his efforts during his membership term in the Board, and welcome Mr. Hesham Alzaid as a member of the Board of Directors wishing him all the success.

ELEMENT LISTEXPLANATION
Appointed Member NameHesham Abdulaziz Alzaid
Membership Type Independent
Membership Start Date 2020-11-24 Corresponding to 1442-04-09
Brief Resume of the Appointed MemberMr. Hisham is currently the CEO of Real Estate Investment in Awqaf Investment - the investment arm of the General Authority of Awqaf. Prior to that, he worked as a manager of real estate funds in Alinma Investment Company, and a manager in the transaction advisory department at KPMG Saudi Arabia. Mr. Hisham is a member of several boards of companies and investment funds. He holds a bachelor's degree with honour in finance from King Fahd University of Petroleum and Minerals. He is also holds a certificate of the International Certified Valuation Specialist. Mr. Hesham has attended a number of leadership courses at INSEAD, Cambridge, and others.

ELEMENT LISTEXPLANATION
Date of Board Meeting in which Appointed New Member(s) were Appointed2022-05-18 Corresponding to 1443-10-17
Board ApprovalBoard Approval May Not Be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval

Other Disclosures

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

Announcement Detail Jabal Omar Development Company announces that it has received today, August 28, 2023 AD, the license of the Ministry of Tourism to operate the first tower of the Jabal Omar Jumeirah hotel with a five-star rating. The first tower includes 263 luxurious and modern style rooms and suites in addition to a restaurant, […]

Jabal Omar Development Company announces selling a land plot in its project located in Makkah

Transaction Details On 19 July 2023, Jabal Omar Development Company signed a contract to sell a land plot with a total area of 3,065.74 sqm located within its project in Makkah Transaction Value SR 521,175,800 in addition to the buyer bearing the real estate transaction tax and brokerage fees Transaction Terms No transaction terms Parties […]

Jabal Omar Development Company announces starting the electronic voting on the agenda items of the 13th Ordinary General Assembly Meeting (First Meeting)

With reference to the company’s announcement on Tadawul dated 01 Jun 2023 regarding inviting the shareholders to attend the 13th Ordinary General Assembly Meeting (First Meeting) which will be held on Thursday 2023-06-22 Corresponding to 1444-12-04 at 7:45 p.m. by means of modern technology. The Company would like to announce that electronic voting on the […]

Jabal Omar Development Company invites its shareholders to attend the 13th Ordinary General Assembly Meeting (The First Meeting) by means of modern technology

Introduction The Board of Directors of Jabal Omar Development Company are pleased to invite the shareholders to attend the Ordinary General Assembly meeting of the company, which will be conducted virtually via Tadawulaty Platform. City and Location of the General Assembly’s Meeting Makkah – the company’s headquarters- by Means of Modern Technology URL for the […]
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