Jabal Omar Development Company Stocks

Jabal Omar Development Company, established in Mecca, Saudi Arabia, in 2006, stands as a key real estate developer within the Kingdom. Its business is segmented into the management of operating hotels, the oversight of commercial centers, and the development and sale of properties. Central to its operations is the iconic Jabal Omar project in Makkah, where the company spearheads investment, development, ongoing management, and plot sales. JODC's comprehensive involvement also covers the construction, upkeep, management, demolition, and surveying of various facilities, including hotels, commercial premises, and employee residences. This extends to furnishing these properties and overseeing hotel operations. Additionally, it facilitates the international trade of hotel furnishings and equipment. The company boasts a significant portfolio of luxury accommodations, featuring five-star establishments such as the Marriott (426 rooms/suites), Hilton Suites (484 suites), Hyatt Regency (657 rooms/suites), Conrad (438 rooms/suites), and the Jabal Omar DoubleTree by Hilton (676 rooms/suites). Beyond hospitality, JODC is active in developing residential complexes and commercial hubs. Furthermore, it extends its offerings to include logistical support.