Jabal Omar Development Company operates as a real estate development company in the Kingdom of Saudi Arabia. It operates through Operating Hotels, Commercial Centers, and Properties for Development and Sale segments. The company 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, and furnishing hotels, commercial facilities, and staff residences; and in importing and exporting hotel equipment and furniture. In addition, the company operates hotels, including the Jabal Omar Marriott, Jabal Omar Hilton Suites, Jabal Omar Hyatt Regency, Jabal Omar Conrad, and Jabal Omar DoubleTree by Hilton, Makkah, as well as develops residential projects and commercial centers. Further, it operates and leases commercial shopping malls. The company was founded in 2006 and is based in Jeddah, the Kingdom of Saudi Arabia.
Saudi Arabian Market Performance
7D7 Days: 0.4%
3M3 Months: -2.9%
1Y1 Year: -11.0%
YTDYear to Date: -12.1%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. Unfortunately though, the market is down 11% over the past year. Looking forward, earnings are forecast to grow by 7.1% annually. Market details ›
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