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Standards and controls for competition of a board member to the company’s business or any of its branches of activity Version 1

This Standards and controls have been prepared to fulfill the requirements of Article 46 of the Corporate Governance Regulations issued by the Capital Market Authority, which requires setting standards – approved by the General Assembly – to verify that a member of the Board of Directors is competing for the company’s business or competing in one of the branches of the activity that it engages in.

Link for the Standards and controls

Other Disclosures

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 […]

Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER%CHANGE Sales/Revenue317.09109.65189.18239.5832.35 Gross Profit (Loss)122.25-25.74--27.73- Operational Profit (Loss)102.13-72.23--66.94- Net Profit (Loss) after Zakat and Tax11.93-182.46--194.45- Total Comprehensive Income11.93-182.46--197.61- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Total Share Holders Equity (after Deducting Minority Equity)12,697.08 7,744.2663.95 Profit (Loss) per Share0.01-0.2- All figures […]

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

Announcement Detail Jabal Omar Development Company announces that it has received today, Thursday May 18 2023, the license of the Ministry of Tourism to operate the first tower of the Jabal Omar Address hotels with a five-star rating. The first tower includes 742 rooms and suites (out of which 51 rooms have been sold off-plan), […]

Jabal Omar Development Co. announces its Annual Financial Results for the Period Ending on 2022-12-31

Element ListCurrent YearPrevious Year%Change Sales/Revenue849.5310.36173.71 Gross Profit (Loss)51.76-224.64- Operational Profit (Loss)-190.91-458.34-58.35 Net Profit (Loss) after Zakat and Tax-352.43946.21- Total Comprehensive Income-355.59948.7- Total Share Holders Equity (after Deducting Minority Equity)13,385.15 8,626.7255.16 Profit (Loss) per Share-0.351.02- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTEXPLANATION The reason of the increase (decrease) in the net profit during […]
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