Saudi Arabian developer Jabal Omar Development Co. says its profits rise 467% year-on-year in the second quarter ending June 30, 2017, Invest-Gate reports.
Saudi real estate development company Jabal Omar Development Co. is holding talks with the Saudi Finance Ministry to convert a commercial loan worth SAR 3 bn into a Murabaha facility, Invest-Gate reports.
UAE-based Emaar Hospitality Group’s hotel brand, Address Hotels and Resorts, signs a deal with Jabal Omar Development Company (JODC) to operate a new hospitality project in Mecca, Saudi Arabia, Invest-Gate reports.