04/03/2018 07:08 AST

Jabal Omar Development Company, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has signed a deal with Saudi Ground Services Company (SGS) to conduct a joint study on the possibility of building a passenger terminal in Makkah.

SGS' long experience in serving pilgrims makes them the right partner for this project," stated Yasser Bin Faisal Al Sharif, CEO of Jabal Omar, after signing the deal with Omar Najjar, the chief executive of SGS.

"We will be working together to explore the possibility of building a passenger terminal in the central district of Makkah that would serve Haj pilgrims and Umrah performers who arrive and depart from and to King Abdulaziz International Airport," remarked Al Sharif.

Najjar said that SGS always pursue effective and fruitful partnerships that would help the company to provide the best services to its clients and to the millions of pilgrims and Umrah performers who we serve every year.

"Our partnership with a leading company such as Jabal Omar is a good example for that," he added.-


Trade Arabia

Rotana expands its portfolio with Rotana Jabal Omar Makkah

30/10/2025

Rotana, one of the leading hotel management companies in the region, has announced the signing of Rotana Jabal Omar - Makkah, during the Future Hospitality Summit (FHS) Dubai 2025, further cementing

Trade Arabia

Accor adds Sofitel Jabal Omar Makkah to its portfolio

30/10/2025

Accor, a global leader in hospitality, has announce the signing of Sofitel Jabal Omar Makkah, a property located in the heart of Makkah, within walking distance of the holy mosque.

Set to op

Trade Arabia

Saudi developer Jabal Omar to close Umm Al Qura merger deal in 2018

02/03/2018

Jabal Omar Development Co. , one of Saudi Arabia's largest listed property developers, expects to finalize its merger deal with Umm Al Qura Development and Construction in 2018, a senior company exec

Arab News

Ticker Price Volume
JABALOMAR Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
MASAR 18.42 0.14 (0.76%)
DARALARKAN 15.90 0.01 (0.06%)
MCDC 84.95 1.95 (2.34%)
CENOMICENTERS 19.90 0.15 (0.75%)
TAIBA 34.58 0.28 (0.81%)
Visa partners with Aldar to complete first end to end voice-enabled agentic payment in the region

22/12/2025

Visa and Aldar have announced a strategic collaboration that marks the first live implementation of Visa Intelligent Commerce in the region, introducing end-to-end, voice-enabled agentic payment expe

Khaleej Times

NBB signs deal with Procural to boost digital procurement capabilities

22/12/2025

The National Bank of Bahrain (NBB) has signed a strategic agreement with Procural, a Bahrain-based digital procurement and tendering platform.

The collaboration supports NBB's ongoing digita

Trade Arabia

Basrec partners with Lumofy to build future-ready workforce

22/12/2025

Bahrain Ship Repairing & Engineering Company (BASREC) has signed a strategic agreement with Lumofy, an AI-powered talent development and competency management platform, as part of its commitment to a

Trade Arabia

Burjeel Holdings appoints Dr Shamsheer Vayalil as CEO too

22/12/2025

Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has announced that its Board of Directors has approved the appointment of Dr Shamsheer Vayalil as Chief Executive Off

Trade Arabia

Alba contains industrial fire safely

22/12/2025

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has swiftly contained an industrial fire that broke out at a power rectiformer in the morning of December 19, a company st

Trade Arabia