Media

Corporate News Room

Browse:

Jabal Omar Participates in Cityscape Jeddah Exhibition

JODC participated in the Jeddah Urban Development and Real Estate Investment Exhibition “Cityscape Jeddah 2016” from the 2nd till the 4th of November 2016 in Jeddah. The company reviewed its journey in the development and transformation of the mountain into a series of international hotels and residential units; along with attracting local and international products and brands in the largest malls to offer an integrated and unique project in line with the spirituality of the place and the sanctity of the Grand Mosque.

Mr. Yasser bin Faisal Al-Sharif, CEO of JODC, expressed his pleasure with the company’s participation and sponsorship of this real estate exhibition, in which a number of major local and international real estate companies present their real estate projects.

He pointed out that during the exhibition’s events Jabal Omar will offer the visitors and those interested in the real estate field its leading development project, which is located just steps away from the Grand Mosque, and in its forefront the four hotels owned by the company, namely: Conrad Jabal Omar, Hyatt Regency Jabal Omar, Hilton Suites Jabal Omar and Marriott Jabal Omar. According to the executive program of JODP, it will be joined by another chain of the world’s most famous and largest hotels, as well as a range of prestigious malls and luxury hotel apartments that meet the needs of the various categories from visitors, Umrah pilgrims and residents of Makkah.

He also confirmed that Jabal Omar project has a competitive advantage; as it is near the Grand Mosque, and it combines between authenticity and modernity by maintaining Makkah and Islamic architecture style with modern touches; as it is characterized by its unique design, its luxurious contents, and the provision of special services consistent with the sanctity of the place and the recalling of the old times to make the guests feel comfortable, peaceful and calm, which suits Makkah’s position. He pointed out that the project’s form and content contribute to the comfort of the visitors, pilgrims and Umrah pilgrims, as it includes a variety of international hotels with heights ranging between 20 and 40 floors. He added that the exhibition will introduce the residential units that will be offered for ownership according to the diversity of spaces and views on the Grand Mosque and the Holy Kaaba, which suit the various investment segments.

Other Press Releases

“Jabal Omar” and “Al Arabiya” sign a strategic partnership to invest and market the media leasing in the Jabal Omar project

Jabal Omar Development Co. signed today (Sunday) a strategic partnership agreement with Al-Arabia OOH (Al-Arabiya); To invest and market the media leasing in the Jabal Omar project, which is one of the most important development projects in the central area of Makkah Al-Mukarramah. The announcement of the agreement took place during the signing ceremony at […]

Jabal Omar Revenues grew by 189% to reach SAR 317 million compared to the first quarter of 2022

Hospitality revenues grew by 179% for the first quarter of 2023 to reach SAR 268 million, a record improvement compared to SAR 96 million for the same period in 2022, driven by the success of the company strategy to improve the performance of the hospitality portfolio, besides benefiting from government initiatives related to the Hajj […]

JODC Shareholders Approve Landmark Alinma Fund Debt to Equity Transaction, Set to Issue 225 Million New Shares in Return for Settling SAR 5.3 billion in Outstanding Debt Owed to the Fund

Makkah, KSA; 28 August 2022: Jabal Omar Development Company (“JODC” or the “Company”) (Tadawul: 4250), one of the largest real estate developers in Saudi Arabia and the master developer of the iconic mega mixed-used project in Makkah, Jabal Omar, received shareholder approval for issuing new ordinary shares in the JODC to the unitholders of the […]

JODC’s H1 2022 Revenue Surges to Near Pre-Pandemic Levels on Recovery in Umrah Activity

Government’s exceptional management of the pandemic and easing of the restrictions on pilgrimage activities led to a significant increase in the number of pilgrims Revenue in H1 was SAR 391 million, more than tripling year on year Sustained improvement in gross profit driven by Company’s transformation strategy Company expects to bring in new sources of […]
Open form