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

Jabal Omar Development Company announce appointing the Chairman and Vice Chairman of the Board of Directors

Jabal Omar Development Company announces the appointment of Mr. Saeed Mohammed Alghamdi as Chairman of the board and Mr. Thalib Ali AlShamarani as Vice Chairman, effectively from June 30, 2021 and for a period of three years.

Jabal Omar Development Company announces the results of the 12th Ordinary General Assembly Meeting (The First Meeting)

Introduction Jabal Omar Development Company announces the results of the 12th Ordinary General Assembly Meeting (The First Meeting) City and Location of the General Assembly’s Meeting By Means of Modern Technology Date of the General Assembly’s Meeting 2021-05-27 Corresponding to 1442-10-15 Time of the General Assembly’s Meeting 19:30 Percentage of Attending Shareholders 28.33 % Names […]

Jabal Omar Development Company announces starting the electronic voting on the agenda items of the 12th General Assembly Meeting (First Meeting) (Reminder Announcement)

With reference to the company’s announcement on Tadawul dated 23 May 2021 regarding starting the electronic voting on the agenda items of the General Assembly Meeting; which will be held on Thursday 15 Shawwal 1442, corresponding to 27 May 2021 at 7:30 p.m. by means of modern technology. The Company would like to remind shareholders […]

Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

ELEMENTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE Sales/Revenue21.57189.79-88.63431.72-31.998 Gross Profit (Loss) -88.45-1.685,164.88-176.57-49.906 Operational Profit (Loss)-137.57-84.1463.501-330.57-58.384 Net Profit (Loss) after Zakat and Tax-345.3-237.8645.169-421.23-18.025 Total Comprehensive Income -345.3-237.8645.169-423.05-18.378 All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Total Share Holders Equity (after Deducting Minority Equity)6,643.048,074.85-17.731 Profit (Loss) per Share-0.37-0.26 All […]
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