Corporate News Room
JODC announces the results of the Extraordinary General Assembly Meeting (Second Meeting)
JODC announces the results of the 8th Extraordinary General Assembly meeting (second meeting) that was held, at 8:30 pm on Thursday, 24/6/1438 AH, corresponding to 23/3/2017, at Makkah Marriott Hotel located in Jabal Omar Project. The voting results on the Assembly’s agenda were as follows:
Supplementary Announcement from JODC regarding the Signing of a Memorandum of Understanding with the Alinma Investment to establish a Fund for the Sale and Leaseback of Real Estate Assets
Further to the company's announcement published on the Saudi Stock Exchange’s website "Tadawul" on 22/11/1437 AH, corresponding to 25/8/2016, JODC announced that on Tuesday 22/6/1438 AH, corresponding to 21/3/2017, it has signed a sale contract of three hotels: Concorde Makkah Hotel, Hilton Suites Makkah Hotel, and Hyatt Regency Hotel;
JODC announces that it has received the approval of Makkah Region Development Authority to increase the investment construction surfaces of JODP in Makkah
JODC announces that it has received the approval of Makkah Region Development Authority to increase the investment construction surfaces for the fifth, sixth and seventh phases of its project in Makkah so that the total investment construction surfaces for the entire project reaches 1,665,909 m2 out of 1,171,287 m2,
JODC wins The Best Islamic Finance Structure Award
Jabal Omar Development Company won an award for best Islamic finance structure in the Kingdom of Saudi Arabia from Islamic Finance News. The award was granted at a major ceremony in Dubai, the United Arab Emirates, in which major real estate development, banking, finance, and exchange institutions took part.
The 9th Ordinary General Assembly (Second Meeting)
JODC Board of Directors is pleased to invite the shareholders to attend the 9th Ordinary General Meeting (second meeting), which will be held, at 6:30 pm on Thursday 24/6/1438 AH, corresponding to 23/3/2017, according to Umm Al Qura calendar; at Makkah Marriott Hotel located at Jabal Omar project in Makkah; in order to review the enclosed agenda.
JODC announces that its Ordinary General Assembly Meeting was unable to convene
JODC announced that the 9th Ordinary General Meeting, which was on 26/5/1438 AH, corresponding to 23/2/2017, at Makkah Marriott Hotel located at Jabal Omar project in Makkah, was unable to convene; due to the lack of quorum. Accordingly, it was decided to postpone the Assembly and call for a second meeting
In the Framework of Prince Khalid Al-Faisal’s Initiative “How to be a role model”
In the framework of Prince Khalid Al-Faisal’s initiative “How to be a role model” The Secretariat of the Holy City and Jabal Omar lead the Makkah Schools Maintenance Project
In the presence of His Excellency the Secretary of the Holy City and the Secretary General of Makkah Region Development Authority, “Jabal Omar” announced the winners in the international design competition the first 7-star hotel and a residential tower next to the Grand Mosque
JODC announced the winners in the design competition for a hotel and residential tower entitled "Hosn Al Jewar and Fakhamet Al-Iqama” in Jabal Omar project, overlooking the Grand Mosque
JODC heads towards Profitability in the First Quarter due to the Rise in the Revenues
JODC achieved a net profit of 79.3 million Saudi Riyals in the first quarter compared to a loss of 75.51 million Saudi Riyals in the same quarter of the previous year.
JODC signed an Agreement with Tourism Commission to increase Localization in Hotels
JODC signed a cooperation agreement with the Saudi General Commission for Tourism and National Heritage, in the presence of his Royal Highness Prince Sultan bin Salman bin Abdulaziz