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Jabal Omar completes first phase of $5.3bn Makkah projectJabal 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. More… |
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Jabal Omar to sell key Makkah hotels, mallJabal 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 More… |
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Jabal Omar to sell key Makkah real estate assets for $1.6bnJabal 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 More… |
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Jabal Omar wins go-ahead for project site expansionJabal 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 More… |
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Saudi developer Jabal Omar swings to quarterly profitJabal 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 More… |
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Jabal Omar appoints Yasser Al-Sherif as CEOSaudi 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 More… |
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Jabal Omar signs deal to defer loan paymentsSaudi 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 More… |
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Jabal Omar signs deal to defer loan paymentsSaudi 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 More… |
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Jabal Omar in talks with lenders after missing $173m paymentSaudi 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. More… |
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Jabal Omar in talks with lenders after missing $173m paymentSaudi 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. More… |
