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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… |
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Hill wins Saudi project contract extentionHill International, a global leader in managing construction risk, said it has received a one-year extension from Jabal Omar Development Company (JODC) to its existing engineering consultancy services contract for a mixed-use development in Makk More… |
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Saudi developer seals $2bn Islamic loan dealSaudi Arabia's Jabal Omar has signed an SR8-billion ($2.13 billion) Islamic loan to help fund a project in Makkah and repay a smaller bridge loan, the real estate developer said on Thursday. The company signed the 12-year loan More… |
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Jabal Omar cancels $426m Makkah contractJabal Omar Development Company, the largest listed real estate developer in Saudi Arabia by market capitalisation, said it has canceled a SR1.6 billion ($426 million) contract awarded to Ruwad Civil Construction. Ruwad was awarded More… |
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Jabal Omar sells key Makkah residential unitsJabal Omar Development, the largest listed real estate developer in Saudi Arabia by market capitalisation, said it had sold residential units worth SR70.1 million ($18.7 million). The company had earlier announced plans to hold an More… |
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Jabal Omar wins $1bn loan to fund Makkah projectSaudi Arabia's Jabal Omar Development Company said it has secured a SR4 billion ($1.07 billion) loan to refinance part of an existing facility it signed in 2012 to fund its real estate project in Makkah region of the kingdom. More… |
