Jabal Omar Development Company SJSC. Stock Analysis 4250.SR

Jabal Omar Development Co. engages in the construction of real estate property. The company is headquartered in Jeddah, Makkah. The company went IPO on 2007-06-18. The Company’s main activity is to own Jabal Omar area adjacent to the western side of the Holy Mosque Square and develop it into plots of land to manage, invest, sell and lease them for the Company’s interest. In addition the Company is carrying out operations necessary for construction, maintenance, management, demolishing, surveying, and furnishing hotels, commercial facilities and staff residences, as well as importing and exporting hotels’ equipment and furniture and operating the hotels. The firm operates under the following segments: Hotels, which includes leasing rooms and selling food and beverages; Commercial Centers, which includes operating and leasing commercial shopping malls, as well as Property Development, which includes construction and development of property and sale of completed dwellings.