Announcement Detail Jabal Omar Development Company announces that the liquidation of Aliyat Company – a one-person closed joint stock company wholly owned by the company with a capital of five million six hundred thousand Saudi riyals. It should be noted that the activity of Aliyat Company has been merged into Jabal Omar Company, and therefore […]

Introduction Further to the announcement made by Jabal Omar Development Company (the “Company”) published on the Saudi Stock Exchange (Tadawul) website on 7-6-1445 corresponding 20-12-2023 in relation to the execution of the debt settlement agreements with Central District Cooling Company and Makkah Construction and Development Company (the “Creditors”), the Company announces that its Board of […]

Announcement Detail Jabal Omar Development Company (the “Company”) announces the execution of two settlement agreements with Central District Cooling Company (the “ First Creditor”) and Makkah Construction and Development Company (the “Second Creditor”) through a capital increase of the share capital of the Company by way of debt conversion and issuance of new shares in […]

Announcement Detail With reference to the company’s announcement on Tadawul dated 22 November 2023 regarding inviting the shareholders to attend the 14th Extraordinary General Assembly Meeting (First Meeting) which will be held on Wednesday, 29-5-1445 Corresponding to 13-12-2023 at 19:30 p.m. by means of modern technology. ¬¬ The Company would like to announce that electronic […]

Announcement Detail With reference to the company’s announcement on Tadawul dated 22 November 2023 regarding inviting the shareholders to attend the 14th Extraordinary General Assembly Meeting (First Meeting) which will be held on Wednesday, 29-5-1445 Corresponding to 13-12-2023 at 19:30 p.m. by means of modern technology. The Company would like to announce that electronic voting […]

Announcement Detail Jabal Omar Development Company announces that it has received on Monday the 4th of December 2023, the license from the Ministry of Tourism to operate the second tower of the Jabal Omar Address hotel with a five-stars rating. The second tower includes 742 rooms and suites, in addition to 2 restaurants, a cafe, […]

Introduction Jabal Omar Development Company announces the full and final redemption of its Sukuk of the aggregate face amount of USD 135,000,000 Offer Type Sukuk certificates Value of the redeemed (sukuk bonds) USD 67,500,000 Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) 50 % Number of redeemed (bonds/sukuk) 337.5 Suk Issuance Date 2018-11-15 Corresponding […]

Introduction The Board of Directors of Jabal Omar Development Company are pleased to invite the shareholders to attend the Extraordinary General Assembly meeting of the company, which will be conducted virtually via Tadawulaty Platform at 19:30 on Wednesday, 29-5-1445 Corresponding to 13-12-2023 City and Location of the General Assembly’s Meeting Makkah – the company’s headquarters- […]

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER%CHANGE Sales/Revenue234.62218.637.31454.46-48.37 Gross Profit (Loss)47.527.98495.49236.68-79.92 Operational Profit (Loss)20.71-92.86-213.38-90.29 Net Profit (Loss) after Zakat and Tax305.46153.1199.5-79.84- Total Comprehensive Income305.46153.1199.5-79.84- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Sales/Revenue 1,006.17609.9264.97 Gross Profit (Loss)406.4679.49411.33 Operational Profit (Loss)336.22-123.98- Net Profit (Loss) after Zakat and Tax237.55-157.98- […]

Introduction Jabal Omar development Company announces its Board of Directors’ resolution issued on 18-4-1445 Corresponding to 2-11-2023 to appoint Mr. Mazen Fawaz Baghdadi (Independent Board Member) as a member of the Audit Committee, provided that this appointment is effective from the date of this resolution until the end date of the current Board of Directors […]