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Jabal Omar Development Company announces the Appointment of a Non-executive Member in the Board of Directors

Jabal Omar Development Company (JODC) announces that it has received a letter from Hasana Investment Company, which is a wholly-owned subsidiary of the General Organization for Social Insurance (GOSI) on 27/3/1438 – 26/12/2016. This letter included a request for the appointment of Mr. Mansour bin Abdulaziz bin Rashid Al-Bosaily as a non-executive member in the JODC’s Board of Directors; representing the General Organization for Social Insurance instead of the Mr. Yasser Abdulaziz Mohammed Abu Ateeq (non-executive member), and it will be effective from 27/3/1438 – 26/12/2016. The Board of Directors has approved this appointment on 27/3/1438 -26/12/2016; however, the Board’s approval is not final. This appointment will be presented at the first meeting of the General Assembly for approval

Mr. Mansour Al-Bosaily currently serves as the Board Chairman of HSBC Saudi Arabia Company, in addition to his membership in the Board of Directors of the Saudi Arabian Cooperative Insurance Company (SAICO), Saudi Ground Service Company (SGS), and Amlak International Company; and his membership in other committees. He holds a Bachelor of Systems from King Saud University in Riyadh, Saudi Arabia, and was graduated in 1984.

Mr. Mansour Al-Bosaily has many experiences in the banking field; as he held several leadership positions.

Other Press Releases

JODC received the Ministry of Finance’s approval to restructure SAR 3 billion existing loan facility

Makkah, Saudi Arabia; 21 November 2021: Jabal Omar Development Company (“JODC” or the “Company”), one of the largest real estate development companies in the Kingdom of Saudi Arabia, announced today the receipt of the Ministry of Finance’s approval to restructure an existing SAR 3 billion Murabaha loan facility. This agreement will have several immediate and […]

Jabal Omar Development Company Secures Over Half a Billion Saudi Riyals from Land Plot Sale in Jabal Omar Project

Makkah, KSA; 30 September 2021: Jabal Omar Development Company (JODC) (Tadawul: 4250), one the largest real estate developers in Saudi Arabia, today announced it has sold a parcel of land within its project via a public auction for SAR 517 million. The proceeds from the strategic land sale will enable the Company to progress with […]

Jabal Omar announces plans to enable sub-developers as part of its strategic transformation plan

• Mr. Khaled Al Amoudi, CEO: The Jabal Omar model aims to inject a new way of thinking in the real estate sector and enables sub-developers to seize opportunities in Mecca. • Supports growing business and accelerates the completion of development works in Mecca. • In line with Saudi Vision 2030 to develop the hospitality […]

Jabal Omar and Dar Al-Hekma University sign a MoU to develop the engineering creativity of female students

In order to achieve our ambition to become Jabal Omar Company a pioneer in creativity by opening development fields for national talents, the MoU that the company signed with Dar Al-Hekma University included cooperation in the field training for female students and the establishment of a studio for creative design, which reflects the company’s role […]
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