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INVESTOR RELATIONS

JODC announces the appointment of Mr. Thalib Bin Ali Al-Shamrani as a member of the Board

Mr. Thalib has a banking experience spanning more than 35 years and has held various positions including Senior Executive Vice President and Chief Risk Officer at Riyad Bank. He currently holds the position of Assistant Minister of Finance for Financial Affairs.

Mr. Thalb held a number of memberships, most notably the Chairman of the Board of Directors of Riyadh Real Estate Etraa Company, member of the Board and Chairman of the Audit and Compliance Committee of the Riyad Capital Company and member of the Risk Committee of the Saudi Electricity Company
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Mr. Thalib Al-Shamrani holds a Bachelor’s degree in Business Administration from King Abdulaziz University

Other Disclosures

Jabal Omar Development Company announces the submission of a non-binding offer to the manager of the Alinma Makkah Real Estate Fund relating to the full settlement of the rights and obligations in respect of the Fund’s assets

Further to the announcement made by Jabal Omar Development Company (the “Company”) via the website of the Saudi Exchange on 22 March 2017G, in relation to the sale of three hotels and a commercial area to Alinma Makkah Real Estate Fund (the “Fund”) and subsequently re-leasing such assets, which were to be operated by the […]

Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE Sales/Revenue77.291.395,460.43121.57258.321 Gross Profit (Loss)-46.75-138.07-66.14-88.45-47.145 Operational Profit (Loss)-227.41-222.142.372-137.5765.304 Net Profit (Loss) after Zakat and Tax270.57-453.51--345.3- Total Comprehensive Income270.57-453.51--345.3- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Sales/Revenue98.86159.99-38.208 Gross Profit (Loss)-135.2-139.75-3.255 Operational Profit (Loss)-364.98-306.2819.165 Net Profit (Loss) after Zakat and Tax […]

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 […]
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