The deal comes just days after Saudi developer completed the sale of a similar plot within its Makkah development
Jabal Omar Development Company
Makkah land sale nets $138m for Saudi real estate giant
Jabal Omar Development Company announces sale of land plot via a public auction
Revealed: The biggest spending Saudi-listed firms in 2020
New research shows Tadawul-listed companies invested more than $47bn last year
Saudi construction giant launches new unit to boost sales
Jabal Omar Development Company announces Aliyat, a subsidiary specialised in real estate marketing, sales and facility management
Why $25bn tourism sector can become Saudi Arabia’s ‘white oil’
Tourism will play a major role in reducing Saudi Arabia’s dependence on oil revenues, say hospitality experts
Saudi construction giant sees 245% jump in 2018 net profit
Jabal Omar Development Company says profit rise due to start of off-plan residential sales in Makkah mega project
Makkah developer struggles to lure investors amid slowdown
Makkah-based Jabal Omar Development Co’s stock has lost about 40% this year as slowdown hits real estate market
Indonesian hotel group inks deal to make Saudi debut
Archipelago International signs agreement for three of its hotel brands to operate in Makkah and other cities in Gulf kingdom