Jabal Omar Development

Rank#2954

Market Cap5.50B

CountrySaudi Arabia

Summary

Jabal Omar Development Company operates as a real estate development company in Saudi Arabia. The company operates through Operating Hotels, Commercial Centers, and Properties for Development and Sale segments. It engages in the investment, development, management, and sale of plots in the Jabal Omar project located in Makkah. It is also involved in the construction, maintenance, management, demolishing, surveying, furnishing hotels, commercial facilities, and staff residences, as well as operation of hotels. In addition, the company engages in importing and exporting hotel equipment and furniture. Jabal Omar Development Company operates hotels, including the Marriott, a five-star hotel with 426 rooms and suites; the Hilton Suites, a five-star hotel with 484 suites; the Hyatt Regency, a five-star hotel with 657 rooms and suites; and the Conrad, a five-star hotel with 438 rooms and suites; and Jabal Omar DoubleTree by Hilton with 676 rooms and suites. It also develops residential projects; and a commercial center. Further, the company provides logistic services. Jabal Omar Development Company was founded in 2006 and is based in Mecca, Saudi Arabia.

History

JODC was established in 2002 and listed on the Saudi Stock Exchange in 2006. It is the largest development company in Makkah and is part of the Cooper Group, one of the most active entities in real estate investment and development in the Makkah region.

Mission

Our mission is to create iconic projects related to Makkah’s developing economy, combining innovation in design, engineering, and architecture with operational excellence to maximize economic returns for our investors and stakeholders.

Vision

Our vision is to become the leading real estate development company in Saudi Arabia and the Arabian Gulf region for major integrated, mixed- use projects through our commitment to superior quality and lasting value.

References

https://en.wikipedia.org/wiki/Jabal_Omar

https://in.investing.com/equities/jabal-omar

https://finance.yahoo.com/quote/4250.SR/profile?p=4250.SR

https://www.crunchbase.com/organization/jabal-omar-development-co

https://companiesmarketcap.com/

https://www.jabalomar.com.sa

Leadership team

Mr. Khalid Al-Amoudi (Chief Exec. Officer)

Mr. Hani Abdul Wahab Zahran (Group Chief Financial Officer)

Mr. Faisal Shaker (Chief Investment and Devel. Officer)

Products / Services