Media

INVESTOR RELATIONS

JODC announces it’s signing of a contract for leasing one of its hotels in its project in Makkah

Jabal Omar Development Company announced that on June 9th 2017, an agreement was signed with Abdulmohsen Al-Hokair Group for Tourism and Development to lease Jabal Omar Marriott Hotel – Makkah (Five-Star Hotel), located in the first phase of Jabal Omar project, for a period of 15 years. The hotel includes 426 rooms/ suites, two restaurants and meeting rooms.

Furthermore, the agreement also includes that the contracting with Marriot Company will be transferred to Al-Hokair Group, while retaining the brand name of Jabal Omar Marriott Hotel. It is expected that the financial impact will show in a positive manner, starting from the current fiscal quarter of the current fiscal year; noting that this contracting does not included a relevant party.

Other Disclosures

Correction announcement from Jabal Omar Development Company regarding the fractional shares resulting from the capital increase of the Company by way of debt conversion

Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2022-09-05 Corresponding to 1444-02-09 Hyperlink to the Previous Announcement Click Here Incorrect statements in the previous announcement There are no fractional shares resulting from the capital increase of the Company. Correct Statement There are fractional shares resulting from the capital increase of […]

Jabal Omar Development Company announces that there are no fractional shares resulting from the capital increase of the Company by way of debt conversion

Announcement Detail With reference to the announcement of Jabal Omar Development Company (the “Company”) on the Saudi Stock Exchange’s (Tadawul) website on 05/02/1444H (corresponding to 01/09/2022G) in relation to the completion of the Transaction and the listing of the New Shares that have been issued with respect to the Transaction to the eligible unitholders of […]

Jabal Omar Development Company Announces the Listing of the Consideration Shares and the Completion of the Transaction

Announcement Detail In reference to the announcement made by Jabal Omar Development Company (the “Company”) on the Saudi Stock Exchange (Tadawul) website on 01/02/1444H (corresponding to 28/08/2022G) in relation to the results of the extraordinary general assembly meeting that included the approval to increase the share capital of the Company in order to settle all […]

Jabal Omar Development Co. Announces Resignation and Appointment of a Board Member

Introduction Jabal Omar Development Company announces that the Board approved the resignation of Dr. Abdulraouf M. Mannaa, and the appointment of Mr. Saleh Abdullah Alzumai as a member of the Board of Directors. On this occasion, the board extends its sincere thanks to DR. Abdulraouf Mannaa for his efforts during his term of membership in […]
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