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Saudi developer Jabal Omar gets CMA nod to boost capital to $3.1bnJabal Omar Development Company, a leading Saudi property developer, said it has received approval from the kingdom's Capital Market Authority (CMA) to increase the firm's capital from SR9.29 billion ($2.47 billion) to SR11.55 billion ( More… |
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Jabal Omar cuts 2021 accumulated losses to $314mJabal Omar Development Company, a leading Saudi property developer, has announced a sharp decline in its accumulated losses for the FY 2021 which has fallen to SR1.18 billion ($314.2 million) from SR2.13 billion ($607 million), thus reaching 1 More… |
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Saudi developer Retal sets new IPO price rangeRetal Urban Development Company, a next generation Saudi development company, has announced that the price range for its initial public offering (IPO) has been set between SR112 ($30) and SR120 ($32) per share per share. More… |
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Saudi developer Etqaan to launch $800m real estate projectsSaudi developer Etqaan Real Estate is set to launch projects worth SR3billion ($800 million), reported Arab News. A total of six projects will be auctioned by the developer within the coming thre More… |
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Saudi developer Jabal Omar announces early redemption of sukukSaudi-based Jabal Omar Development Company has announced the partial early redemption of sukuk amounting to $67.5 million in aggregate face amount of its certificates (out of total face amount of $135 million) that were issued on Novem More… |
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Saudi developer Dar Al Arkan opens new office in ChinaDar Al Arkan, a leading real estate company in Saudi Arabia, has continued its dynamic growth momentum by announcing the opening of its office in Beijing, China. This is in line with its strategic expansion and builds on spreading the leading More… |
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Top Saudi developer Jabal Omar gets $266m credit facilityLeading Saudi developer Jabal Omar has announced that it has secured a SR1 billion ($266.3 million) loan from Bank Abilad as part of its capital structure optimisation plan. These funds will be used for the immediate repayment of SR643.7 milli More… |
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Top Saudi developer Jabal Omar gets $266m credit facilityLeading Saudi developer Jabal Omar has announced that it has secured a SR1 billion ($266.3 million) loan from Bank Abilad as part of its capital structure optimisation plan. These funds will be used for the immediate repayment of SR643.7 milli More… |
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Saudi developer Soudah first in GCC to join Mountain PartnershipSaudi-based Soudah Development has signed up as a member of the Mountain Partnership, an alliance dedicated to protecting mountain environments around the world whose Secretariat is hosted by the Food and Agriculture Organization of the United More… |
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Saudi developer Soudah first in GCC to join Mountain PartnershipSaudi-based Soudah Development has signed up as a member of the Mountain Partnership, an alliance dedicated to protecting mountain environments around the world whose Secretariat is hosted by the Food and Agriculture Organization of the United More… |
