Company Insights Jabal Omar Development Company 4250 Real Estate Jabal Omar Development Company Overview Established in October 2006, the Jabal Omar Development Company (JODC) is a real estate developer, building and managing property in the pilgrimage city of Mecca. One of the largest listed companies on the Saudi stock market,it was primarily established to deliver a key pillar of the kingdom’s religious tourism and economic diversification strategy, known as the Jabal Omar Project. The Jabal Omar Project is focused on developing the area adjacent to the Holy Mosque in Mecca to accommodate the increasing numbers of pilgrims and visitors to the city. The Jabal Omar project is a large-scale, multi-use development spanning 235,000 square metres. It includes hotels, commercial centres, residential buildings, and other facilities. It is being developed in several phases. Jabal Omar Development Company News Construction Mecca property developer shares could jump after IPO Shares in Saudi Arabia’s Umm Al Qura, which will start trading on the main stock exchange on Monday following an initial public offering, should attract “a lot of interest” from investors looking to capitalise on the real estate market in one of Islam’s holiest cities, analysts have said. The company, which is overseeing a mixed-use […] March 23, 2025 Posts navigation
Construction Mecca property developer shares could jump after IPO Shares in Saudi Arabia’s Umm Al Qura, which will start trading on the main stock exchange on Monday following an initial public offering, should attract “a lot of interest” from investors looking to capitalise on the real estate market in one of Islam’s holiest cities, analysts have said. The company, which is overseeing a mixed-use […] March 23, 2025
