Tuesday 25 July 2017
 
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Jabal Omar

Jabal Omar completes first phase of $5.3bn Makkah project

Jabal Omar Development Company, the largest listed real estate group in Saudi Arabia by market capitalisation, has completed the first phase of its iconic SR20 billion ($5.3 billion) project near the Grand Mosque in Makkah, said a report.

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Jabal Omar to sell key Makkah hotels, mall

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a sh

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Jabal Omar to sell key Makkah real estate assets for $1.6bn

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a sh

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Jabal Omar wins go-ahead for project site expansion

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, has won approval from Makkah Region Development Authority to increase the construction area of Phases 5, 6 and 7 at its upcoming development i

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Saudi developer Jabal Omar swings to quarterly profit

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, has reported a quarterly net profit of SR691 million ($184 million), up from a loss of SR127 million ($33.8 million) for the same period last

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Jabal Omar appoints Yasser Al-Sherif as CEO

Saudi Arabia's Jabal Omar Development has appointed Yasser Al-Sherif as its new chief executive, the firm said in a statement on Wednesday. The appointment comes in light of a new company strategy that depends on dynamic leade

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Jabal Omar signs deal to defer loan payments

Saudi Arabia's Jabal Omar Development has signed an agreement with the Ministry of Finance to defer payments on a SR3-billion ($800 million) loan, it said in a bourse statement on Thursday. The eight-year loan was extended for

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Jabal Omar signs deal to defer loan payments

Saudi Arabia's Jabal Omar Development has signed an agreement with the Ministry of Finance to defer payments on a SR3-billion ($800 million) loan, it said in a bourse statement on Thursday. The eight-year loan was extended for

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Jabal Omar in talks with lenders after missing $173m payment

Saudi Arabia's Jabal Omar Development Company is in talks with creditors after failing to make the first repayment, worth SR650 million ($173.29 million), on a SR3 billion state loan on January 1, the property firm said on Sunday.

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Jabal Omar in talks with lenders after missing $173m payment

Saudi Arabia's Jabal Omar Development Company is in talks with creditors after failing to make the first repayment, worth SR650 million ($173.29 million), on a SR3 billion state loan on January 1, the property firm said on Sunday.

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