Jabal Omar Development Company announced the issuance of a unified instrument over the entire area of ​​the company's project located in the central area of ​​Makkah Al-Mukarramah, with a total area of ​​approximately 231.94 million square meters.

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The company said in a statement to the Saudi market (Tadawul) today, Sunday, that the issuance of a unified instrument for the project will contribute to strengthening the company’s ability to finance its current and future projects and expand in Its business and activities are commensurate with the company's strategy and achieve its goals.

This comes as one of the main outputs of the strategic transformation plan for Jabal Omar Development Company, which has been working on since the beginning of the year 2020.

Jabal Omar announced in late June that it recorded losses of 217.25 million riyals in the first quarter of this year, in return for profits of about 1.62 million riyals for the same period in 2019 .

(Fun Knowledge of Knowledge)